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DEWA inaugurated 16 new power substations costing $797m in 2021
Dubai Electricity and Water Authority (DEWA) has inaugurated 16 new substations in 2021 at the cost of about AED2.928 billion...Economy
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India plugs into the Gulf region with power cables
India is poised to revolutionize its energy landscape by linking its power grid with Saudi Arabia and the UAE via...Economy
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Middle East oil policies not dictated by US, says Russia
MOSCOW, RUSSIA – US will no longer be able to dictate oil prices in the Middle East, Director of the...Geostrategy
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ENEC and General Atomics to collaborate on use of technology for nuclear energy
Abu Dhabi, UAE--The Emirates Nuclear Energy Corporation (ENEC) today announced that it has signed a Memorandum of Understanding (MoU) with...Science
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Electric cars credited with lower CO2 emissions in US neighborhoods
LOS ANGELES, US – The booming use of electric vehicles in parts of California is reducing CO2 emissions in those areas, a study showed on Thursday, bolstering a key pillar of the state's drive towards net zero. Scientists at the University of California, Berkeley, say a network of sensors set up around the San Francisco Bay...Business
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Geopolitical tensions boost oil, weigh on equities
Geopolitical tensions sent oil prices climbing and weighed on equities as investors also continued to worry about prospects for interest rate cuts amid stubbornly-high inflation. "Heightened tensions between Ukraine and Russia have brought a halt to the rally in equity markets seen last week," said Russ Mould, investment director at AJ Bell.Market Report
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Hamas says delegation heading to Cairo for truce talksEU pledges $1 bn for Lebanon, urges curbs against illegal migrationUnited Nations estimates rebuilding Gaza will cost $30bn to $40bnOil prices fall amid Israeli Palestinian cease-fire hopes, US crude stockpile buildingBlinken urges Hamas to agree truce to help Gazans
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Business and leisure combo drives GCC tourism boom
Audi’s sustainable Middle East luxury drive
GCC countries mobilize to build resilient industrial supply chains: report
‘Dubai, Abu Dhabi, Riyadh, Bahrain have reinforced position as top GCC tourist spots’
Geopolitical unrest generates an onslaught of DDoS attacks
Luxury goods boom in Gulf draws global investors
Iran, Israel appear to pull back from brink as US approves military aid