The Middle East and North Africa (MENA) region faces severe climate change challenges, including water scarcity and extreme temperatures, with the area warming at twice the global average rate. This could lead to a temperature rise of 4 degrees Celsius by 2050, impacting daily life and the economy. While GCC...

Athens, Greece - Greece and Saudi Arabia announced their agreement to establish a jointly-owned company with the goal of connecting their power grids. This marks the initial phase of their ambitious plan to provide Europe with more affordable green energy, according to a statement from the Greek energy ministry, as...

Muscat, Oman--Oman has signed a memorandum of understanding (MoU) with South Korea in the field of green energy transition. The MoU reflects the advanced status of bilateral relations and the two countries’ keenness to consolidate cooperation in green transition. The MoU was signed by Eng. Salim Nasser Al Aufi, Minister...

PARIS, FRANCE - French Minister of Foreign Trade Olivier Becht said his country and the UAE share a common vision of accelerating the shift to green energy to tackle the growing threats posed by climate change. The two countries are working together on low-carbon energy solutions, he said,  expressing his...

"The shift to a clean energy economy is picking up pace, with a peak in global oil demand in sight before the end of this decade as electric vehicles, energy efficiency and other technologies advance," IEA Executive Director Fatih Birol said in a statement. "Oil producers need to pay careful...

Gita Gopinath said she believes there are grounds to provide subsidies to help stimulate innovation. Gopinath's intervention into the debate on subsidies follows frustration in Europe over US President Joe Biden's major climate plan, which grants generous subsidies to new electric vehicles manufactured in the United States.

Dhahran, Saudi Arabia -- The Saudi Arabian Oil Company (Saudi Aramco) denied reports that its plans for blue hydrogen were temporarily suspended.The company confirmed in a statement today that its goal to produce up to 11 million tons of blue ammonia, a carrier of blue hydrogen, by 2030, remains unchanged,...

As future job market will be affected by AI, digitization and economic developments, big data analytics, management technologies, and cybersecurity will drive employment growth.

Suhail bin Mohammed Mazrouei, Minister of Energy and Infrastructure, said the UAE was keen to widen ties with Uzbekistan in sectors such as transport and infrastructure. He disclosed that companies such as Mubadala, masdar, and Taqa currently operating in the country have plans to increase their investments in the future.

London, United Kingdom - Britain on Thursday warned against the threat of protectionism as it slammed the United States for leading a "distortive" green energy subsidy race. Finance Minister Jeremy Hunt's remarks came as his government updated its energy security plan to ramp up renewable and nuclear power. The Conservative government...

It will explore low-carbon ammonia value chain in Germany.

Abu Dhabi, UAE - UAE's Minister of Economy Abdullah bin Touq Al Marri said Wednesday that in 2022, the UAE economy recorded its fastest growth rate in over a decade despite the global economic slowdown, with the first half of 2022 witnessing unprecedented growth of nearly 8.5 percent. The country's...

Paris, France-- The electrification of the auto industry is gathering pace, particularly in Europe, where the sale of new cars running on petrol and diesel will end in 2035. But challenges remain around their production, affordability and whether enough infrastructure can be put in place to persuade drivers to make the...

Public resistance to a carbon tax has prevented many nations from establishing carbon pricing via taxation, but taxation is not the only way to deter emissions, she highlights, while pointing out to numerous barriers that have impeded the flow of private capital to decarbonization projects around the world.

Several EU leaders including Macron have said the US subsidies are enticing European companies to relocate to the United States.

The trading bloc also exported green energy products worth €6.5 billion to countries outside the EU.

AMMAN, JORDAN - Jordan's Minister of Energy Saleh Kharabsheh stressed on the importance of conducting an electrical interconnection project to supply Europe with green energy from the Middle East and North Africa (MENA) region. He made the remark during a meeting on Thursday with a British Group Inter-Parliamentary Union (BGIPU)...

Paris, France - The European Union threatened Monday to take retaliatory measures against the United States for electric car subsidies that favor domestic manufacturers. The 27-nation bloc is upset about Washington's "Inflation Reduction Act", which will see vast spending on green energy initiatives and includes tax breaks for US-made electric...

German Chancellor Olaf Scholz criticized US climate protection plans that would shield domestic companies from foreign competition, saying they could trigger "a huge tariff war". Unease has been growing abroad about US President Joe Biden's landmark "Inflation Reduction Act", which includes tax breaks for US-made electric cars and batteries.

Gas consumption will contract slightly this year due to high prices and Russian cuts to Europe, with only slow growth over coming years as consumers switch to alternatives, the IEA said Tuesday.

Global environmental, social, and governance assets are expected to hit $41 trillion by the end of this year, and $50 trillion by 2025, Yasir Al-Rumayyan, governor of the Saudi sovereign fund said. The growth in assets is due to the fact that Public Investment Fund continues to enhance ESG integration...

Cultivating alternative energy sources is an urgent priority in India, which burns coal to meet nearly three-quarters of the energy needs of its 1.4 billion citizens.

The EU, IEA, and NGOs stress that the development of renewable energy sources and biogas must be accelerated.

Cyprus hopes to boost its share of renewable energy to 23 percent by 2030 as part of its National Energy and Climate Plan.

Oman already has a roadmap ready for a green economy, one which it discussed with the UNEP earlier this month.

The bank will make the investment over the next two years.

Adnoc has been granted entry into the Hydrogen Council, through which it expects to produce greener fuel

A study led by the American University of Sharjah has claimed to have improved fuel cells for hydrogen-run cars that increases their efficiency and life manifold Current polymer-electrolyte fuel cells function at 800C,which leads to liquid build-up inside them A study led by the American University of Sharjah has claimed...

 GCC region, whose biggest export has so far been oil, is turning towards sources of clean energy Mohammed bin Rashid Al Maktoum Solar Park in Dubai the first of its kind in the MENA region to produce eco-friendly hydrogen using renewable energy “We believe that green hydrogen production will take...

AED275m towards the construction of an airport in Jebel and AED 92m for hybrid power plant

In its massive drive to lessen its dependence on hydrocarbons and make earth a better place to live, GCC region is moving fast in the direction of renewables. Right from building the world’s largest solar energy part, to using latest technologies in harnessing wind energy, to going big in the...

Clean energy and sustainability have gone beyond just being buzzwords for the Gulf Cooperation Council (GCC) nations. The governments in the region have laid down energy plans and huge investments are being made to meet set targets. This pursuit becomes even more relevant for the region due to the abundance...

A massive economic diversification exercise is underway in the Middle East to gradually end dependency on fossil fuels for a sustainable future. One sector that has immensely benefited from the exercise is that of renewable energy. Over the years, it has not only emerged as a reliable and viable means...