Iran to Revive Gas Pipeline Project to Oman

Iran's oil minister has agreed to revive a long-stalled project to lay an undersea pipeline to carry gas to Oman, the Iranian state news agency IRNA reported Last Month..... Read more »

Posted on : 6/15/2022

EGA and GE to Upgrade Gas Turbines in Al Taweelah

Emirates Global Aluminium (EGA) and GE Power have signed a deal for the upgrade of 4 existing GE 9F gas turbines at EGA’s Al Taweelah power plant, reducing greenhouse gas emissions intensity, and contributing to the achievement of the UAE’s Net Zero by year 2050 Strategic Initiative..... Read more »

Posted on : 6/15/2022

Cabinet Nod for India-UAE Pact on Industrial Cooperation

The Union Cabinet on 8th June 2022 approved a proposal for the signing a bilateral Memorandum of Understanding (MoU) between India and the United Arab Emirates on cooperation in the field of industries and advanced technologies..... Read more »

Posted on : 6/14/2022

UAE-Egypt Consortium Set To Buy African Renewables Firm Lekela from Actis

A consortium of UAE-based Masdar and Egypt’s Infinity Energy is set to buy a majority stake in Lekela Power from private equity vehicle Actis, according to a report. .... Read more »

Posted on : 6/13/2022

DHL Express Installs Solar Power Plant at Its Amman Facility with Yellow Door Energy

DHL Express, the largest regional express and logistics provider, has installed a solar power plant at its Amman facility for reducing its energy consumption by 100 %..... Read more »

Posted on : 6/13/2022

DEWA Makes Progress with 250-MW Hydroelectric Project in Dubai

Dubai Electricity and Water Authority (DEWA) is making progress with the construction of the 250-MW Hatta pumped-storage hydroelectric power project in the UAE with 44% of the station already complete..... Read more »

Posted on : 6/9/2022

Saudi Arabia's ACWA Power Q1 Net Profit Increase 9 Percent to USD 41mn

For the 1st three months of 2022, ACWA Power earned an operating income before impairment loss and other expenses of SAR 517 million, which was 19.5% higher than the same period in 2021..... Read more »

Posted on : 6/9/2022

UAE's Al-Futtaim Automotive to invest up to $1bn in Egypt

The Al-Futtaim Group of the United Arab Emirates aims to invest up to $1 billion in Egypt over the next three years, according to the North African country's Cabinet..... Read more »

Posted on : 6/3/2022

NADDC to partner UAE firm to produce solar-powered tractors in Nigeria

The National Automotive Design and Development Council (NADDC) has announced a collaboration with a UAE-based company to build solar-powered tractors..... Read more »

Posted on : 6/3/2022

As "a land of opportunity," the Democratic Republic of Congo shows off its vast potential.

In Dubai, the UAE and DRC Business Symposium, with Congolese ministers emphasising the economic benefits of extending their trade and development potential..... Read more »

Posted on : 6/2/2022