Oil and gas
The GCC, with its abundant and low-cost solar energy resources, is set to become a leading producer of green hydrogen
Goldman Sachs predicts Brent could peak at $110 if oil flows through the strait are disrupted
Lower Iranian supply and risk of wider disruption could push Brent crude above $90, said Goldman Sachs.
The UAE economy's growth is driven by non-oil sector activity and rising oil production
Fed discussions this week may lead to a 25 basis point rate cut sooner than expected
Oil was pressured by mixed economic readings from China, signaling inconsistent growth in its economy
Analysts say a closure of the strategic route would likely send oil prices above $100
Nasser stated that history shows new energy sources complement rather than replace traditional oil and gas
The synergy between visionary leadership and advanced technologies is set to transform the energy sector
Concerns grow over potential disruptions in the Strait of Hormuz, impacting global oil supply
Initiative aligns with Egypt's strategy to enhance local crude oil and gas production.
