Articles
Acwa Power signs agreement to develop $4bn green hydrogen project in Egypt
The first phase of the project will have the capacity to produce up to 600,000 tonnes a year of green ammonia
Nio’s shares gain on $2.2bn investment from Abu Dhabi-backed company
Chinese electric car maker's Hong Kong-listed shares have risen by 21 per cent since last Wednesday
Oil prices steady as US-led Red Sea coalition eases supply fears
Several countries have agreed to jointly carry out patrols in the southern Red Sea and Gulf of Aden to safeguard commercial shipping
Adnoc signs 15-year LNG supply deal with China’s ENN Natural Gas
Agreement is contingent upon a final investment decision on the project, including regulatory approvals, UAE oil company says
Abu Dhabi’s CYVN to invest $2.2bn in Chinese EV maker Nio
The deal will take CYVN's shareholding to 20.1 per cent of electric car maker's total issued and outstanding shares
Mubadala Energy announces offshore gas find in Indonesia
The Layaran-1 discovery will 'de-risk' multiple trillion cubic feet of prospective gas resources in the area
Bayanat and Yahsat merger will create $4.1bn space company
The merger is expected to lead to the Mena region’s first AI-powered space technology company
Big Oil generated $613bn in cash on post-pandemic energy price surge
The share buybacks of the world's biggest five crude companies hit a record $57 billion last year
BlackRock to invest up to $400m in UAE's Positive Zero
The investment will support Dubai-based company's goal to grow sustainable energy adoption across the GCC
Oil prices rise on lower Russian exports and Red Sea supply fears
Crude futures recorded a small gain last week after the US Federal Reserve left interest rates unchanged
UAE’s Taqa explores stake in $2.1bn subsea cable project connecting Greece and Cyprus
The undertaking is at an advanced stage, with feasibility studies completed and contracts reserved for two major engineering, procurement and construction components
DP World to move HQ to Expo City Dubai
New home is expected to accommodate about 800 employees
Saudi Arabia introduces rules to regulate buy now, pay later sector
The new rules will contribute to the growth and sustainability of the sector and safeguard consumers, central bank says
Oil and gas should not be demonised in short term, Elon Musk says
Gradually reducing carbon emissions over several decades is what really matters, billionaire says
Coal demand set to hit a 'historic turning point', IEA says
Consumption will surpass 8.5 billion tonnes this year before falling and plateauing to 2026
