The system demand for power surged to 56.5 TWh in 2023.
The company reported $37.3 billion in sales in 2023.
The deals were inked by Oman Investment Authority firms with Saudi counterparts as Saudi Crown Prince Mohammed bin Salman visited.OQ signed three MoUs in the fields of petrochemicals, renewable energy and green hydrogen sector
In the field of dry dock and logistic services, Asyad signed an MoU with a Saudi shipping company
An updated Israeli end user certificate issued Monday, to be signed by buyers, listed terrorism as including offences committed with...An agency for military exports liked to Israel’s defense ministry put out the law
It specified that a foreign state seeking a cyber or intelligence system must only use it to combat terrorism and ‘serious crimes’
The EV Green Charger User Dashboard allows customers to manage multiple EV Green Charger cards, and pay their bills.The dashboard enables customers to track their charging and consumption data through DEWA’s website/smart app
DEWA provides its EV Green Charger service to all electric vehicle users in Dubai, including local and international visitors
Natixis Corporate and Investment Banking of France has signed an agreement to finance ACWA Power projects over the next two...The MoU will allow both parties to “explore opportunities to develop new projects in the region,”
Natixis has previously underwritten some of the Saudi-listed firm’s high-profile renewable projects, including the Sakaka solar project
This week's TRENDS infographic tries to find out where do Arab countries stand in terms of the speed of broadband...The internet connectivity is a cornerstone to business, education, financial literacy, access to employment and health care through telemedicine
This TRENDS infographic tries to find out where do Arab countries stand in the latest Speedtest index.
After evoking a huge interest in investors, shares of Tadawul group will begin trading on the main market on Wednesday,...The individual subscribers tranche of Tadawul’s initial public offering was 442.53 percent oversubscribed with a total demand of SR5.02 billion ($1.3 billion)
The stock exchange group was offering 10.8 million shares to individual investors, or 30 percent of the total offer shares at a final price of SR105
Less than four years after lifting a ban on cinemas, Saudi Arabia is to host its first major film festival...Movie houses were barred for decades until April 2018, but over the next 10 days, actors and directors will tread the red carpet at Jeddah's Red Sea International Film Festival
It will showcase 138 long and short films from 67 countries in more than 30 languages
The sales of the 10-day festival included olive oil and various rural products, in addition to production kitchens.The festival was conducted in cooperation with the Ministry of Agriculture and several local and international partners
In all, 263,458 people visited the event this time
Green hydrogen has the potential to rapidly replace fossil fuels on a large scale, says Cranmore Managing Partner Yusuf Macun.Green hydrogen has a lot of potential particularly in heavy transport and heavy industries
Green hydrogen has the ability to rapidly replace fossil fuels while simultaneously enhancing electrification
The first compact station opened at Dragon Mart 2 this month.After Dragon Mart and International City, the ENOC Group plans to open five more compact stations in Dubai
The remaining seven expected to be launched across additional locations by 2023
