• China’s economic recovery stalls as growth flags

    The country's national bureau of statistics said that GDP grew 5.2 percent to hit 126 trillion yuan ($17.6 trillion) as the country battled a crippling property crisis, sluggish consumption and global turmoil. Official GDP figures remain a key source of insight into the health of the world's second-largest economy.
  • Faster hydrogen production needed for energy transition: WTO

    Abu Dhabi, UAE-- In order to speed up the energy transition there must be a fast increase in the production of green hydrogen, according to a joint report by the International Renewable Energy Agency (IRENA) and World Trade Organisation (WTO). The report published on December 9 provides insights into global...
  • Tabreed 9M profit at $218m

    This is due to the steady growth in its consumption volumes.
  • IMF to exhort China to shift growth model toward consumption

    Washington, US--The International Monetary Fund plans to tell China to boost weak domestic consumption, address its troubled real estate sector, and rein in local government debt, problems that are dragging down both Chinese and global growth, IMF Managing Director Kristalina Georgieva told a media outlet. The Fund will strongly urge...
  • Egypt energy-saving measures evoke satirical reaction among citizens

    Sweltering without air conditioning during the day and plunged into darkness at night, many Egyptians have responded with anger and ridicule to government measures for reducing energy consumption. Hours-long power cuts across Egypt, several times a day, prompted the directives as record temperatures hit the Mediterranean region this month.
  • DEWA exhorts customers to adhere to its safety standards

    Dubai, UAE--Dubai Electricity and Water Authority (DEWA) has exhorted community members to ensure that safety standards are always in place in their homes, especially before traveling or being away for long periods. DEWA urged its customers to follow its tips and guidelines to improve the efficiency of electricity and water...
  • UAE aims to drive sustainable development with its new policy on energy market

    Dubai, UAE-- The UAE has set its sights on regulating the energy providers market as a step toward developing the country's energy infrastructure and enhancing environmental sustainability. The initiative is a vital component of a new policy that aims to ramp up investments in the energy sector, encouraging innovation, and...
  • Bahrain free of India-made ‘contaminated’ cough syrup

    Manama, Bahrain - Bahrain has taken steps to ban from its markets the contaminated cough syrups made in India in response to recent reports of the death of many children who consumed them in some countries.   The National Health Regulatory Authority (NHRA) on Sunday confirmed that the Kingdom's markets are...
  • Inflation set to shape holiday shopping season

    Even as the retail industry is facing unprecedented challenges, the stars are aligning to deliver another "unprecedented" holiday season, a latest report points out.
  • EU decides to cut power use, levy energy firms

    The EU executive believes it can raise €140 billion from the levies on non-gas electricity producers and on energy majors that are raking in outsized profits from the global energy demand.
  • ‘Jordan not affected by India’s decision to restrict rice exports’

    President of Foodstuff Traders Association (FTA), Khalil Haj Tawfiq, said India's decision to restrict its exports of some rice varieties will not affect the Kingdom, as Jordanian traders do not import the types covered by the new restrictions.
  • Dubai’s RTA reduces energy consumption by 18 percent

    Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority said that RTA had achieved the targeted energy efficiency performance indicators 2021 and reduced total energy consumption.
  • Jordan industries’ use 24m cubic feet gas daily in 2021

    The average natural gas consumption for Jordan's industries amounted to 24 million cubic feet (CF) per day during 2021, according to data released by Ministry of Energy and Mineral Resources.
  • DEWA smart services receive wide praise from customers

    Dubai Electricity and Water Authority (DEWA) smart services have helped customers raise the efficiency of their electricity and water consumption and reduce waste and leakages.
  • French economy posts zero growth in first quarter

    The French economy reported zero growth in the first quarter as households reduced their consumption due to rising inflation and the war in Ukraine, the national statistics agency said Friday. The French annual inflation rate also accelerated to 4.8 percent in April, up from 4.5 percent the month before.
  • Earth Hour: ENOC group stresses on lesser energy consumption

    All service station forecourts including Service Station of the Future at Expo 2020 Dubai remained dark for an hour.
  • High taxes take fizz out of Turkey’s cafes

    In a waterfront Istanbul neighborhood that once buzzed with cafe and pub life, there are now only empty tables after nearly 50 percent tax hikes on alcohol.
  • High gas prices to hit demand in 2022: International Energy Agency

    IEA said the demand for natural gas is expected to fall sharply in Europe and slow in Asia. Gas demand rebounded last year as the world economy recovered from the Covid pandemic and restrictions were eased, while an unusually cold winter also drove up consumption.
  • Iran urges people to dress warmly to cut gas use

    Iran has the world's second largest gas reserves after Russia, and the fourth largest oil reserves. Gas is almost free in Iran because it is heavily subsidized.
  • Iran detects 5,380 illegal energy-guzzling crypto farms

    The power consumption of the farms equaled that of 2 million people.
  • Demand for food in GCC to shoot up by 2025

    Demand for food in the Gulf Cooperation Council (GCC) will reach 52.4 million metric tons (MT) by 2025, up from 46.8 million in 2020.