Global LNG demand to rise more than 50 percent by 2040: Shell
"Demand for natural gas has already peaked in some regions but continues to rise globally, with LNG demand expected to...Business
Boeing expects Q1 hit from MAX troubles
The airline backs intensified oversight from the FAA.Business
DEWA, Azerbaijan discuss bilateral ties, energy, business prospects
DEWA and Azerbaijan discuss investment in oil exploration and production projects, crude oil trading and reviewed issues of mutual interest...DEWA , Azerbaijan discussed investment in oil exploration and production projects, crude oil trading
The two sides reviewed issues of mutual interest in the energy sector and long-term investment opportunities
Gulf countries take first steps to bank on metaverse
Payment on metaverse will take place through cryptocurrencies. NFTs and virtual goods will become popular once metaverse becomes mainstream. Therefore,...There is no doubt that Metaverse is interesting for banks because modern virtual worlds are built on blockchains, cryptocurrencies, and decentralized finance
Many questions regarding the impact of the Metaverse on banking rose after JPMorgan announced plans to open an office in the metaverse
Saudi Arabia to invest $3bn in vaccines, vital medicines industry
Saudi Minister Bandar bin Ibrahim Alkhorayef said that the targeted pharmaceutical sectors whose value exceeds US$5 billion will be implemented...Saudi Minister Bandar bin Ibrahim Alkhorayef said that the targeted pharmaceutical sectors whose value exceeds US$5 billion will be implemented in several stages
The second phase, the minster said, will focus on localising immunological and cancer treatments technologies
NFTs: Digital way to own art, music, videos
Everything is open-sourced, permission less and on-chain, Holaplex CEO Alex Kehaya tells TRENDS on the rising popularity of NFTs.Holaplex’s Social NFT Network is a new platform for NFT enthusiasts
Kehaya believes that the NFT industry is seeing an adoption curve that is greater than that of the internet
Material prices hurt as GCC cities turn green, smart
As the complexity of the pandemic and supply chain challenges have affected building material prices, the region should look for...As the complexity of the pandemic and supply chain challenges have affected building material prices, the region should look for alternatives, says Nizam Abdul Baki of Purity
Green building materials improve the buildings' structures' sustainability and efficiency in terms of design, construction, maintenance, and renovation, he points out
Abu Dhabi officials in Canada to discuss clean energy solutions
A delegation from the Abu Dhabi Department of Energy (DoE) is visiting Canada to meet senior government officials and stakeholders...Department of Energy officials in Canada showcase Abu Dhabi’s experience in promoting energy efficiency and sustainability
The officials discuss opportunities for collaboration in energy efficiency and advanced clean energy solutions
European Union seeks to prepare arrival of ‘zero-emission’ aircraft
The European Commission called Friday on the members of the aviation sector to join an alliance to prepare for the...The decarbonization of aviation is one of the major challenges toward the carbon neutrality goal the EU seeks to achieve by 2050.
Manufacturers are also working on new generations of regional aircraft using hybrid or electric propulsion, with a range of several hundred kilometers.
Saudi Arabia, Djibouti sign agreement on maritime transport
The Kingdom of Saudi Arabia has signed a joint cooperation agreement in maritime transport with the Republic of Djibouti which...The maritime transport pact between Saudi Arabia and Djibouti aim to strengthen relations at the strategic level
The agreement aims to open new horizons for cooperation in various fields between the two countries
Careem acquires MUNCH: ON
MUNCH: ON offering will be rebuilt on the Careem app.MUNCH: ON, a subscription-based food delivery platform which connects customers to meals at a discount by tapping into underutilized kitchen capacity.
Careem said the two firms will work together to deliver even greater value by introducing low-cost meal segments.
‘Make it in the Emirates’ helps in growth of industries
The two-day 'Make it in the Emirates' event hosted by Abu Dhabi, highlight the UAE's capacity to ensure the growth...The two-day ‘Make it in the Emirates' event highlight the UAE's capacity to ensure the growth of national industry
The event helps in identifying a number of products the country will depend on in the coming years
