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Aramco's agreement with Hengli Group enables talks for a potential 10 percent stake acquisition
This is equivalent to 807 cars off the road
The QC-Max vessels are the largest LNG carriers, each with a 271,000 cubic meter capacity
The LNG will primarily be sourced from ADNOC's Ruwais LNG project
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
With the addition of this listing, the total value of bonds listed on Nasdaq Dubai by the Bank of China reaches $1.47 billion
The company aims to address utility demands amid population growth
The plant now provides up to 25 percent of the UAE’s electricity, enough to power 16 million EVs annually
This 27,000 square metre project is part of KEZAD's ongoing efforts to develop innovative clean energy environments
If every new car sold in the world in 2035 were electric, oil demand in 2050 would still be 85 million barrels per day
The contracted LNG volumes will be delivered ex-ship to Kuwait's Al-Zour LNG Terminal using QatarEnergy's LNG vessels starting in January 2025.
Summit to address the gap in funding capabilities and responsibilities of developed versus developing countries
Masdar's investments in Egypt's renewable energy sector fall in line with the country's National Strategy for Climate Change 2050
The number of active Chinese companies within the Dubai Chamber of Commerce reached around 5,400 at the end of H1 2024
Qatar's gas production will stay steady for 140 years before a major boom
The MoU secures a long-term supply of renewable energy from a large onshore wind project in Ras Ghareb, Egypt
Sustainable investments to see growth with ample demand
TAQA's revenues rose 2 percent annually to AED27.2 billion mainly due to the contribution from SWS Holding
Agreement follows the successful test flight at COP28 that demonstrated the potential for converting methanol to SAF
The two countries agreed to develop economic partnership
Through the virtual power plant project, DEWA has integrated over 8 DERs with a total flexibility of around 3.3 MW
Deal will also likely boost the value of UAE exports by $247 million by 2030, according to official UAE estimates
Expected to begin operations in Q3 2027, the Madinat Zayed project will provide up to 1.5 gigawatts of backup generation
System will support EWEC's goal of raising its solar capacity to 7.5 gigawatts by 2030
