renewable energy

UAE and Hungary strengthen ties with key agreements in AI, renewable energy, and defense

The exchange ceremony was held at the Prime Minister’s Office in Budapest, Hungary's capital

Sharjah Waste-to-Energy plant takes new turn with Masdar’s stake sale to Tadweer Group

The acquisition allows both organizations to focus on their core business strategies and growth

Middle East economic outlook shows robust growth driven by non-oil sector: OPEC

Travel and tourism surges are projected to continue, boosting demand for gasoline and diesel 

Oman and Türkiye strengthen energy ties in oil, gas, and renewable technologies

The agreement emphasizes sustainable development goals and transitioning to clean energy solutions 

Solar power advances in the Middle East but fossil fuels dominate

Solar power alone grew by 23 percent year-on-year and has averaged 43 percent growth annually over the past decade

ACWA Power consortium inks $8.3 billion deals for seven renewable energy projects

Agreements represent the largest capacity globally signed for renewable energy projects in a single phase

OPEC projects $10.6 trillion investment needed for oil sector by 2040

OPEC Secretary General emphasized the need for balanced policies to achieve energy security and climate goals 

Masdar City pilots level 4 self-driving vehicles as UAE pushes smart mobility vision

The milestone forms a key part of the Smart and Autonomous Systems Council (SASC) strategy and is overseen by the Integrated Transport Centre (ITC)

Three scenarios for Middle East in 2035 show $232 billion AI-driven potential GDP boost: PwC

The Middle East can leverage renewable energy and AI for sustainable economic expansion

Saudi Arabia and Indonesia sign deals worth $27 billion in energy, aviation fuel services

Bilateral trade between the two nations reached $ 31.5 billion during the past five years

How UAE is balancing oil production growth with renewable energy ambitions

Key investments of AED150 to AED200 billion target a significant increase in renewable energy capacity 

Abu Dhabi Fund for Development signs $205 million GCC power grid expansion

The project is a key component of the UAE’s long-term strategy to diversify and modernize its energy infrastructure, in alignment with the UAE Energy Strategy 2050