Saudi's Aramco To Buy US Natural Gas From Sempra Energy

Saudi Aramco has signed an agreement to buy U.S. liquefied natural gas from San Diego-based utility Sempra Energy, strengthening the state-owned oil giant’s goal of becoming a player in the growing international gas market. .... Read more »

Posted on : 5/28/2019

India A Vital Trade Partner Of Dubai

Dubai plays a key role in the distribution of over 70 per cent of the UAE food imports, which are then re-exported to over 160 countries. India accounted for the largest share with 63 per cent of these re-exports..... Read more »

Posted on : 5/27/2019

Oman Invites Expressions of Interest (EOI) for Rooftop Solar Panel Installation

Oman’s Authority for Electricity regulation (AER) has opted expressions of interest (EOI) to provide and operate an integrated risk management system to ease the installation of rooftop solar panels on residential households across Oman..... Read more »

Posted on : 5/20/2019

MENA's Investments in Energy Sector to Hit $1 Trillion

MENA’s total planned and pledged investments in the energy sector are expected to hit $1 trillion over the next five years, from 2019 to 2023..... Read more »

Posted on : 5/14/2019

SEWA Commences Operation of Two New Power Stations

Sharjah Electricity and Water Authority (SEWA) have started operations of two new 33/11kV power distribution stations. The substations are situated in Al Saf 2 in Kalba city on the UAE’s east coast and in the University District..... Read more »

Posted on : 5/13/2019

Growth In Sharjah Automobile Exports To Africa

Souq Al Haraj for Cars, a project by Sharjah Asset Management – an investment arm of the Government of Sharjah, is seeing an increasing demand from African dealers, particularly from Sudan, the largest African exporter of automobile from Souq Al Haraj..... Read more »

Posted on : 5/13/2019

Automobile Parts Demand To Reach $39Bn In The Middle East By 2024

According to a recent report by TechSci Research, the demand for automobile parts and components in the Middle East is expected to raise at a Compound Annual Growth Rate (CAGR) of 5.12 percent in volume terms extending to $39.59 billion in 2024, up from $28.14 billion in 2018..... Read more »

Posted on : 5/10/2019

Oil Trading To Be Hiked By Middle East Oil Giants

International media has slowly started to report on the ongoing new ventures of oil and gas giants, such as Aramco and ADNOC, with international trading houses and IOCs making a move to seize a bigger portion of the global commodity market..... Read more »

Posted on : 5/7/2019

AIDA Bolsters Renewables Bet With $2bln Investment in Ukrainian Firm

An agreement was signed with STC Energy on the development of 170 MW solar power stations across Ukraine by the Arab Investment and Development Authority (AIDA)..... Read more »

Posted on : 5/2/2019

DEWA, Enbala Join Hands In Setting Up Dubai's First Virtual Power Plant

DEWA joins hands with Canadian company Enbala in building the region's first Virtual Power Plant..... Read more »

Posted on : 5/2/2019