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ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

Aramco-Horse Powertrain deal completed

An agreement for the purchase of 10% equity stake was signed in June 2024.

Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

UAE solar energy leader in Arab world

More than 12 gigatons of wind and solar energy are currently produced in the Arab region.
  • Renewable energy generation projects in the Arab countries will reach nearly 92 percent of the region's total targets by 2030.
  • More than 12 gigatons of wind and solar energy are currently produced in the Arab region, the report said.

Dubai, UAE–A report by Global Energy Monitor published in June this year says renewable energy generation projects in the Arab countries will reach nearly 92 percent of the region’s total targets by 2030. More than 12 gigatons of wind and solar energy are currently produced in the Arab region, the report said.

Arab countries are constructing solar and wind energy plants with a total capacity of 73.4 gigatons, which is nearly five times the region’s current renewable energy production.

These projects include 114 solar power plants and 45 wind power plants. TRENDS takes a look at which Arab nations are taking a lead in clean energy generation: