A visiting Qatari official on Monday announced a multi-million dollar aid package for Lebanon, primarily to support the country's crumbling...
AI, geopolitics, climate, and demographics are reshaping the Middle East’s growth model beyond oil.
Now, the region is turning its attention to newer innovations, including hydrogen production, small modular reactors (SMRs), and compact nuclear...The approach is to combine gas-based and power-based low-carbon technologies, creating a balanced energy portfolio that capitalizes on each solution's unique strengths
This strategy ensures a more sustainable energy future that aligns with global climate commitments and contributes to the GCC’s economic diversification goals
In a big move, Saudi Arabia appoints Aiman al-Mudaifer as NEOM’s interim CEO, a strategic choice to advance the futuristic...The company said that Mudaifer brought with him a "deep and strategic understanding of NEOM" after serving as head of a property arm of the Saudi sovereign wealth fund since 2018
NEOM is a planned futuristic megacity in northwestern Saudi Arabia meant to feature a ski resort and twin skyscrapers 170 kilometres (105 miles) long
Dozens of world leaders convene in Azerbaijan on Tuesday for COP29 but many big names are skipping the UN climate...Heads of some of the most powerful and polluting economies are not attending
Top priority at COP29 is boosting funding for climate action in developing countries
he COP29 climate talks open Monday in Azerbaijan, under the long shadow cast by Donald Trump's re-election. Trump has pledged...Fears of an imminent US departure from the landmark Paris Agreement
US$100 billion-a-year target to help developing nations prepare for worsening climate impacts
Stablecoins account for the largest share of crypto activity in the UAE (51%), which stands significantly higher than both Bitcoin...Value of stablecoins received by services in the country totaled over US$9.8 billion
between July 2023 to June 2024, just 47 percent of overall crypto transactions took place on centralized exchanges
Upstream investments in the oil and gas industry are still healthy and dwarf those made in low carbon projects and...Countries are turning towards renewables such as solar PV and wind following a 40 percent drop in their costs
The global upstream industry is projected to maintain its hydrocarbon investment level of about US$580 billion in 2024
- Asian markets mostly rose Tuesday a day before results from the US presidential election rolled in, with opinion polls showing...
Uncertainty about the outcome led to warnings that investors could be in for a period of volatility
Wall Street's three main indexes ended in the red
Supply cuts seek boosting oil prices amid uncertain demand and accelerating supply, with an eye on the imminent US presidential...Persistent downside pressure on oil prices due to sluggish Chinese and weakening global demand outlook
"The US presidential election will have a significant impact on the oil market"- Analyst with Rystad Energy
- 35 percent of CEOs worldwide identify #inflation as the most critical #economic issue facing their countries, followed by boosting #consumer...
The majority of CEOs (77 percent) say the U.S. presidential election will impact their 2025 business strategy
Nearly 80 percent of global CEOs describe the current investment environment in the Gulf as very or somewhat attractive
The surge in the price of bitcoin is seen as a bet on a Republican victory, as Donald Trump has...The leading digital currency was trading around US$72,400 at 0300 GMT, after climbing as high as US$73,563.63 in late US trade.
The surge in the price of bitcoin is seen as a bet on a Republican victory, as Donald Trump has emerged as the pro-crypto candidate.
