Energy

World Bank announces $9.13 mn grant to Egypt to fight pollution

In support of the country's climate change efforts

Why did Egypt decide to return to daylight saving time?

40 percent of the world's countries apply this

ACWA Power closes $8.5 bn for NEOM’s green hydrogen project

Investment will be funded by a combination of long-term debt and equity

Rolls-Royce SPECTRE, electrification at the very top

The house of luxury is set to deliver its first EV

The Road to COP28

The financial sector has a central role in helping to finance the green transition

High demand pushes ADNOC Gas to revise its IPO

The company increases the offered shares from 4% to 5% of the capital

ADNOC Gas IPO

Retail offering ends Wednesday

Türkiye struck again by earthquake of magnitude 6.4

Resulting in at least three fatalities and 294 injuries

Saudi Aramco’s Luberef records net profits of SAR1.97 bn in 2022

Cash dividends proposed, representing 50 percent of its capital

A 4.1-magnitude earthquake reported in Oman

Oman collected over $949,000 for Türkiye and Syria quake victims

ADNOC announces minority stake sale in ADNOC Gas on ADX

Subscriptions to offer expected on February 23

A farm in Sharjah’s desert to produce 1,600 tons of wheat annually

UAE stepping up wheat cultivation to ensure food security

Aramco: Emphasis on climate change jeopardizing oil and gas investments

OPEC sees the sector needing $500 bn investments annually

Investment professionals taking the lead in sustainable finance

Global ESG assets could exceed $50 trillion by 2025

The Future of Electric Mobility in the UAE

The MEA E-Bike Market projected to reach $1.27 billion by 2027

UAE, Saudi, Qatar continue relief efforts for Türkiye, Syria’s quake victims

A jet departed yesterday transporting 37 tons of medical kits

UAE, Saudi, and Qatar launch donations drive for Turkey, Syria

To assist those affected by Turkey's 7.8-magnitude earthquake

Deadly 7.8 magnitude earthquake hits southeast Türkiye

76 killed in Turkey, 111 dead in Syria, hundreds wounded

The European embargo has begun. Saudi Arabia warns of energy shortages

Will the European ban on Russian diesel raise global fuel prices?

Electric vehicles finally becoming more affordable

Price cuts from Tesla, Chevrolet, and Hyundai

OPEC+ Committee recommends maintaining production policy

Russia: Current oil price level acceptable

UAE to soon operate one of the world’s largest solar plants

Al Dhafra cuts emissions equivalent to removing 470,000 cars

Türkiye partners with Oman to diversify Ankara’s gas supplies

"We will purchase 1.4 bn cubic metres of gas annually for 10 years"

Saudi invests hundreds of billions to lead in clean energy exports

Investments also aim to add transport lines and distribution networks