Lyten, a Silicon Valley-based company, is revolutionizing the energy storage market with its groundbreaking lithium-sulfur battery technology. These batteries offer...
Davos, Switzerland -- The World Economic Forum (WEF) has announced signing agreements for three new Centers for the Fourth Industrial...
Thanks to a strong rebound in domestic activities and higher oil prices, the latest IMF report suggests the GCC economies...Thanks to a strong rebound in domestic activities and higher oil prices, the latest IMF report suggests the GCC economies to expand further than previously expected.
In 2023, the UAE economy will grow 4.2 percent, outpacing Saudi Arabia (3.7 percent), Bahrain (3 percent), Oman (4.1 percent), Kuwait (2.6 percent), and Qatar (2.4 percent)
QatarEnergy's partner, US firm ConocoPhillips, will supply the gas from Qatar's North Field East and South projects from 2026 to...QatarEnergy's partner, US firm ConocoPhillips, will supply the gas from Qatar's North Field East and South projects from 2026 to the Brunsbuttel LNG terminal
Negotiations with European countries had previously struggled as Germany and others balked at signing the type of long-term deals made with Asian nations
GENEVA, SWITZERLAND - All regions of the world saw water extremes last year - both floods and droughts - and...Large areas of the planet recorded drier than normal conditions in 2021, the UN's World Meteorological Organization said.
Some 3.6 billion people face inadequate access to freshwater at least one month per year.
The trading bloc also exported green energy products worth €6.5 billion to countries outside the EU.The trading bloc also exported green energy products worth €6.5 billion to countries outside the EU
The EU imported €11.2 billion worth of solar panels and €3.4 billion worth of liquid biofuels from countries outside the bloc
- During Q3-2022, non-interest income declined to a four-quarter low of $7.4 billion as compared to $7.8 billion during Q2-2022.
During Q3-2022, non-interest income declined to a four-quarter low of $7.4 billion as compared to $7.8 billion during Q2-2022
The aggregate GCC gross banking loans reached a new record of $1.93 trillion, increasing by 1.2 percent or $23.5 billion during the quarter
The new securities bear a maturity term of six months and a return rate of 4.25 percent.The new securities bear a maturity term of six months and a return rate of 4.25 percent.
Earlier on November 2, the Central Bank of Kuwait held its policy rate at 3 percent
- Saudi Arabia announced plans for a new airport in Riyadh while advancing the kingdom's ambitious aviation goals. The airport, set...
The airport is set to accommodate 120 million travelers by 2030 and 185 million travelers by 2050.
The new airport is expected to be able to process 3.5 million tons of cargo by 2050, local media said.
- DUBAI, UAE - UAE's Ministry of Health and Prevention (MoHAP) has launched the National Nutrition Strategy 2022-2030 to establish sustainable...
National Nutrition Strategy comes as part of MoHAP’s ongoing efforts to support the UAE’s visions aimed at improving the health of younger generations.
The strategy was launched during an event hosted by the ministry at the Etihad Museum.
- ALMATY, KAZAKHSTAN - Kazakhstan warned Monday it could nationalize struggling energy companies in the oil-rich Central Asian country after the...
Kazakhstan is a net exporter of energy, but high gas prices this year fueled historic and bloody protests.
Last month, Kazakh authorities said 65 percent of regional electricity networks needed repair.
- ABU DHABI, UAE - Abu Dhabi Islamic Bank (ADIB) announced that its retail customers were able to conveniently participate in...
ADIB said that 80 percent of clients subscribed to IPOs that were issued in 2022 through ADIB Mobile app.
ADIB is providing a quick and easy end-to-end process for IPOs subscriptions through mobile app.
