renewable energy

Don’t give up on sustainability; you may lose the race

There is a strong economic argument for investing in energy efficiency

Electricity investment needs to keep up with rising demand

IEA says the world needs to invest $700 billion per year by 2040

Saudi Aramco president calls for new global energy model balancing traditional and renewable energy sources

Nasser noted that new energy sources do not replace traditional ones; they complement them

Mubadala finalizes sale of stake in U.K. energy transition infrastructure provider Calisen

This transaction highlights Mubadala's strategy of value capture through strategic exits, positioning Calisen for future growth

Renewable generation in Middle East expected to rise by about 14 percent yearly from 2025-2027: IEA

The UAE leads regional solar PV growth, with a 23 percent annual average growth rate through 2027

Egypt to benefit from $94.3 million EU loan to boost food security

The country further sought approval for the EUR4 billion package and emphasized SCZONE as key investment destination.

Dubai’s energy demand rises 5.4 percent in 2024 as economy, population grows

DEWA experienced a noteworthy 3.4 percent increase in its peak demand in 2024, reaching 10.76 GW

Red Sea Global introduces sustainable aviation fuel at Red Sea International Airport in Saudi Arabia

The initiative will empower the broader aviation sector to make environmentally conscious choices

UAE to invest $40 billion in Italy across key sectors, over 40 new agreements signed

Non-oil trade between the two countries grew to $11.7 billion in 2023

UAE President to commence state visit to Italy on February 24

Discussions will focus on strengthening bilateral cooperation between the UAE and Italy

Mohammed bin Rashid Al Maktoum Solar Park’s seventh phase to integrate 1,600 MW of solar capacity

DEWA is set to exceed its original 5,000 MW target by 2030 for the solar park well ahead of schedule