Saudi Energy Minister Prince Abdulaziz bin Salman said that OPEC and OPEC+ seek to balance oil markets to ensure energy security. OPEC supported the formation of OPEC+. In the last seven years, it was able with partners at OPEC+ to enhance potentials and gain additional capabilities that...
Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef met with a number of German investors and representatives of large companies to discuss promising investment opportunities in the industrial and mining sectors and the incentives the Kingdom offers to investors from all over...
In line with the “My Community... a City for Everyone” initiative that aims to transform Dubai into a friendly city for people of determination, Dubai Culture and Arts Authority (Dubai Culture) has received Autism-Friendly Certificates (AFC) for the category of Cultural Facilities to...
The highly anticipated second roundtable discussion on "Shaping a Greener Future: Collaborative Strategies for the Financial Sector" took place on the 7th of June 2023 bringing together influential leaders, experts, and stakeholders from the financial industry. Hosted by Century Financial, the...
The consortium of Veolia, ADQ, an Abu Dhabi-based investment and holding company, and Vision Invest, has satisfied all conditions and regulatory approvals and reached financial close for the acquisition of two hazardous industrial waste treatment plants in Al Ruwais Industrial City, UAE, from ADNOC ...
Schneider Electric, a global leader in the digital transformation of energy management and automation, kicked off its largest-ever technology showcase in the Kingdom during the inaugural Saudi Arabia Innovation Summit. The summit welcomed government officials, diplomats and global business...
Chalhoub Group today announced the release of its annual 2022 Sustainability Report. The verified report announces the validation of 10-year science-based targets by Science Based Target Initiative (SBTi), to reduce their carbon emissions in line with Chalhoub Group’s net-zero by 2040...
Dake Rechsand, the Dubai-based company specializing in sustainability solutions for desert farming and water conservation, has voiced its support for the Climate Responsible Company Pledge — a broad-based commitment orchestrated by the UAE’s Ministry of Climate Change and Environment’s...
Saudi Electricity Co. (SEC) announced carrying out three strategic projects to enhance the linkage and reliability of the 774.5-kilometer-long power grid, the state-owned SPA reported. The three projects, overseen by the Ministry of Energy, are implemented across Rafha, Al-Wajh and Najran at a ...
Grid Solutions, an integral part of the GE Vernova portfolio of energy businesses, was awarded a contract by Larsen & Toubro to supply 380 kV T155 gas-insulated substations (GIS) for the world’s largest utility-scale hydrogen plant to be powered entirely by...