renewable energy

Saudi Arabia cuts oil use in power generation despite higher demand

Country burned 1.006 million bpd directly to generate electricity from January to June 2024

UAE’s AD Ports awards $114.34 million crane contracts to ZPMC for terminal projects in Africa

Terminals will get three Super Post-Panamax STS cranes, servicing 21 container rows over 60 meters

Abu Dhabi’s Hub71 welcomes 21 startups with $134.9 million in funding

Seven startups will join Hub71+ ClimateTech, gaining tailored resources for their sustainability missions

Saudi Aramco announces agreements with key Chinese partners

Aramco's agreement with Hengli Group enables talks for a potential 10 percent stake acquisition

QatarEnergy to build 6 new QC-Max LNG vessels at China’s Hudong-Zhonghua Shipyard

The QC-Max vessels are the largest LNG carriers, each with a 271,000 cubic meter capacity 

UAE’s ADNOC to supply LNG to Indian Oil Corporation for 15 years

The LNG will primarily be sourced from ADNOC's Ruwais LNG project

India-UAE Business Forum in Mumbai to explore trade, investment and partnership opportunities

Bilateral non-oil trade between the UAE and India reached $28.2 billion in the first six months of 2024, up 9.8 percent annually

Nasdaq Dubai welcomes $400 million green bond from Bank of China

With the addition of this listing, the total value of bonds listed on Nasdaq Dubai by the Bank of China reaches $1.47 billion

UAE celebrates historic milestone: Unit 4 of Barakah Nuclear Energy Plant begins operation

The plant now provides up to 25 percent of the UAE’s electricity, enough to power 16 million EVs annually

$15 million solar power plant to be established in Abu Dhabi’s KEZAD facility

This 27,000 square metre project is part of KEZAD's ongoing efforts to develop innovative clean energy environments