Articles
Dubai reduced carbon emissions by 21% in 2021
Emirate has increased proportion of solar energy and enhanced operational efficiency in factories and facilities
AD Ports Group launches Kezad Group as integrated ecosystem for key industries
The move aims to create cost synergies and support Abu Dhabi's industrial strategy
Abu Dhabi delegation explores co-operation with Israeli companies
ADGM signs three preliminary agreements with entities on data protection, innovation and FinTech
Masdar finalises funding for utility-scale wind farm in Uzbekistan
The 500MW Zarafshan project will support the country’s goal of meeting 25 per cent of electricity needs from renewables by 2030
Adnoc sends first low-carbon ammonia cargo to Germany
The cargo follows a number of similar low-carbon ammonia sales to customers in Asia
Saudi Arabia shortlists three finalists for mining exploration licences
The mineral-rich site is the largest in the kingdom with 25 million tonnes of zinc and copper ores deposits
Abu Dhabi to launch virtual assets strategy aligned with economic objectives
The plan aims to create a supportive business environment, develop infrastructure and growth opportunities for investors
Saudi Arabia’s non-oil exports increase 31% in second quarter
The kingdom recorded a trade surplus of $69bn in the April-June period, according to official data
Yahsat aims for strong revenue growth from commercial data and telecoms
The company is working on a strategy to boost non-government revenue streams, says chief commercial officer Sulaiman Al Ali
AD Ports launches advanced logistics hub at Kizad
KLP21 will have more than 80,000 square metres of capacity and be one of the region’s largest food and healthcare storage hubs
Apollo acquires $400m strategic equity stake in Aldar Investment Properties
Deal forms part of the $ 1.4bn transaction announced in February
Hedging losses of US shale producers could top $10bn this year
Operators have been unable to capitalise on high crude prices as they hedged at lower prices, Rystad Energy says
Fitch upgrades Oman’s rating to ‘BB’ with stable outlook
Gulf nation is forecast to post budget surplus of 5.5% and 3.5% in 2022 and 2023, respectively
UAE recovery to continue as financial system remains robust, Central Bank says
Fiscal measures taken to support the economy during the Covid-19 pandemic ensured stability
Yahsat's Q2 net profit surges 78% on strong business performance
Revenue rose by 7% to $106.7m, driven primarily by the company’s managed solutions and mobility solutions businesses
