Morten Wierod, president and chief executive of ABB, said the Gulf is one of the company's fastest-growing markets. Victor Besa / The National

Swiss firm ABB targets Gulf data centre growth with Nvidia tie-up

Engineering firm has invested about $30 million across the UAE and Saudi Arabia since 2019

Energy

Adnoc secures 95% stake in Germany's Covestro in its biggest acquisition yet

Energy

Business InsightsCharting a water-secure future for Middle East

Energy

UAE’s clean energy capacity to exceed 22GW by 2031 to power data-centre surge

Energy

Business InsightsHow necessity is driving innovation in Gulf gas sector

Energy

Oil prices post more than 4% weekly loss on oversupply concerns

Markets

Adnoc L&S welcomes fourth new LNG vessel to boost fleet and capacity expansion

Energy
Solar panels at Saudi Arabia's King Abdulaziz City of Sciences and Technology. Reuters

Acwa Power and Bapco to develop 2.8GW solar plant to supply electricity to Bahrain

Agreement includes large-scale battery energy storage in Saudi Arabia's Eastern Province

Energy

UAE turns to AI to solve power strain of technology's own making

Energy

Business InsightsWhat political upheaval in Venezuela will mean for its energy sector

Energy

Oil prices climb to two-week high on Fed rate cut hopes

Energy

US pauses sanctions on Lukoil petrol stations until end of April

Energy

UAE to produce 60 trillion AI tokens to become world's 'factory of intelligence'

Technology

ExclusiveAdnoc Gas to set aside fifth of Ruwais LNG output to meet spot Asian demand

Energy
A Lukoil fuel station in Newark, New Jersey. Reuters

US pauses sanctions on Lukoil petrol stations until end of April

Extension for stations outside Russia comes as Ukraine negotiations are set to continue in Florida

Energy

UAE to produce 60 trillion AI tokens to become world's 'factory of intelligence'

Technology

ExclusiveAdnoc Gas to set aside fifth of Ruwais LNG output to meet spot Asian demand

Energy

Iraq invites US companies to bid on West Qurna 2 oilfield

Energy

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