Energy
Strong demand growth of over 2 mn barrels per day expected this year
Complex will house the largest mixed-load steam cracker in the GCC
3 Qatari companies and Iraq’s National Investment Commission agree
Enhances security of GCC electrical networks, raises reliability
75% of the total contract value flow back into the UAE economy
OPEC+ extends production cuts to stabilize market
Saudi announces additional reduction of 1 million barrels per day
Tanker data show Russia not committed to production cut plans
Balancing climate targets, regional expansion, with sustainable fuel mandates
Rebranded company to focus on renewables and enterprise value
Supply and demand imbalances create uncertainty in oil markets
Projects include national strategies for carbon reduction and solar regulation
Oil prices rose on Wednesday following lower nventory data
Asian country also planning to link its power grid with UAE, Saudi
Fashion sector is second largest polluter by industry
Prices continue to fall as bears dominate market
Global economic growth projected for 2023 unchanged at 2.6%
The largest source of clean electricity in the region
New payout will be between 50% to 70% of company's annual free cash flow
No progress yet in negotiations with the World Bank
