GE Vernova, in the presence of Saudi Arabia’s Minister of Energy, HRH Prince Abdulaziz bin Salman,…
Category: Middle East
Oil Prices Surge to Two-Month High Amidst Middle East Tensions & Hurricane Season
Oil prices climbed to their highest level in over two months on Monday, driven by escalating…
Royal University for Women (RUW) in Bahrain Unveils Solar Carport Project
The Royal University for Women (RUW), Bahrain’s pioneering private international university, has forged a significant partnership…
Energy Development Oman Successfully Raises US$750 Million in Energy Sukuk
Energy Development Oman (EDO) S.A.O.C. has triumphantly completed a US$750 million Sukuk issuance, signifying a notable…
UAE Strengthens Economic Ties with Turkmenistan, Focus on Renewable Energy
His Excellency Abdulla bin Touq Al Marri, UAE Minister of Economy, led a prominent diplomatic and…
Aramco Invests $25 Billion in Jafurah Gas and Master Gas System Expansion
Aramco has committed over $25 billion in contracts to advance its ambitious gas expansion strategy, targeting…
New CIOB President Mike Kagioglou Emphasizes Sustainable Development Goals in Construction
The Chartered Institute of Building (CIOB) has welcomed Mike Kagioglou as its President for the 2024/25…
Aramco Invests in Renault-Geely’s ‘Horse’: A New Era for Powertrain Technology
Saudi Arabian oil giant Aramco has acquired a 10% stake in the thermal engine joint venture…
Adnoc on the Verge of €14.4 Billion Covestro Acquisition
The Abu Dhabi National Oil Company (Adnoc) is closing in on a €14.4 billion agreement to…
Essar Group Prepares for $4.5 Billion Saudi Steel Plant Construction
Essar Group, a prominent Indian conglomerate, is nearing final approvals from Saudi authorities to commence construction…
Aramco Selects AFAC for Carbon Capture and Sequestration Project
Aramco, the Saudi Arabian oil giant, has awarded a contract for the site development and early…
Masdar Targets Further European Renewable Energy Acquisitions
Abu Dhabi’s state-backed renewable energy powerhouse, Masdar, is actively pursuing additional acquisitions in Europe following its…