INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Altaaqa and TotalEnergies to set up EV charging ports in KSA

This photograph shows the new TotalEnergies logo during its unveling ceremony, at a charging station in La Defense on the outskirts of Paris. (Photo by Christophe ARCHAMBAULT / AFP)
  • Under the Altaaqa EV brand, the companies will offer end-to-end solutions for the development of the stations
  • The move will help Saudi Arabia in its bid to achieve net-zero carbon emissions by 2060

Altaaqa of Saudi Arabia and TotalEnergies of France have teamed up to establish charging stations for electric vehicles in the kingdom.

Under the Altaaqa EV brand, the companies will offer end-to-end solutions for the development of the stations, which include adequate infrastructure and equipment deployment.

The move will help Saudi Arabia in its bid to achieve net-zero carbon emissions by 2060.

“It’s a great opportunity to be committed to the transition toward more sustainable land transport in the Kingdom of Saudi Arabia,” said Pierre Clasquin, vice president of EV charge division, TotalEnergies.

Majid T. Zahid, group president – Energy at Zahid Group said: “The announcement of this new agreement will reassure automotive retailers and end-users across the Kingdom of Saudi Arabia.”

He added: “As they transition toward electric vehicles they can rely on TotalEnergies’ state-of-the-art charging solutions and Altaaqa’s technical expertise and operational excellence.”