DUBAI, UAE -  Dubai Electricity and Water Authority (DEWA) has announced the registration of a new patent for an adhesive device for 3D printers. The device distributes the adhesive material on the 3D printing plate, ensuring that the printed material sticks securely to the build plate. This is the seventh...

Profit was affected as demand for steel fell and production hit.

Firm confirmed its 2023 outlook amid strong aviation demand.

DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer received a high-level delegation from the EDF Group (Électricité de France) headed by Luc Remont, CEO and Chairman of the Board of Directors. Al Tayer also received a delegation from Cuba headed by...

Large infrastructure projects -- mainly supported by the Public Investment Fund and National Development Fund -- are expected to boost the Kingdom's economy further.

RIYADH, SAUDI ARABIA - The General Authority for Statistics (GASTAT) published Tuesday on its official website the results of the Industrial Production Index (IPI). In November 2022, the Industrial Production Index (IPI) increased by 8.6 percent compared to November 2021. The IPI continued to show positive growth rates due to...

DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA) has announced that the production capacity of clean energy has reached 2,027 megawatts (MW) which is about 14 percent of Dubai’s total power production capacity of 14,517 MW. Saeed Mohammed Al Tayer made the announcement during his...

DUBAI, UAE -  The Dubai Electricity and Water Authority (DEWA) under-construction pumped-storage hydroelectric power plant site in Hatta is 58.48 percent complete. This is the first station of its kind in the GCC, with investments of up to US$387 million (AED 1.421 billion). The project is planned for completion in...

Iraq's prime minister appealed to visiting Italian counterpart Giorgia Meloni for closer economic ties with his oil-rich country suffering from power cuts and decaying infrastructure. Meloni, who leads the eurozone's third-largest economy, is on her first bilateral trip outside Europe. She is on a pre-Christmas visit to Italian troops posted...

Washington, United States— Oil giants have "greenwashed" their public image while locking in fossil fuel production for years to come, potentially foiling moves to prevent climate change, said a US House committee memo released Friday. The document follows an investigation on allegations that the fossil fuel industry has been misleading Americans...

TRIPOLI, LIBYA - Libya's state energy firm urged its foreign oil and gas partners to resume exploration and production Tuesday assuring them security had begun to improve dramatically after clashes earlier this year. Rival administrations in east and west have vied for power since March, in a standoff that has...

Abu Dhabi, UAE— The UAE's Ministry of Energy and Infrastructure has announced the approval of the federal law regulating the linkage of distributed renewable energy production units to the electrical grid. The new law aims to enable the production of electricity from renewable sources and achieve the UAE's objectives in...

The alliance had committed to phasing out oil and gas production when it was launched at UN climate talks in Glasgow last year, hoping to inspire a global movement toward ending fossil fuels. A year later it has just signed up two countries as new friends but no large fossil...

Increasing production should help "decrease volatility in energy markets" caused by the war in Ukraine, G7 foreign ministers said in a statement after talks in Germany. The 13-nation OPEC and its 10 allies headed by Moscow said in Oct. it would cut production by 2mbd a day from November, raising...

DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority Saeed Mohammed Al Tayer said DEWA had added 300 megawatts of photovoltaic solar energy in 2022 from the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park using the Independent Power Producer (IPP) model. The Solar...

Riyadh, Saudi Arabia—The stage is set for the Arab Broadcasting Festival to begin next month in Riyadh as preparations have nearly been completed for the event. President of the Arab States Broadcasting Union (ASBU) and CEO of Saudi Broadcasting Authority, Mohammad bin Fahd Al-Harithi, announced the completion of the ongoing...

Rallying behind Saudi Arabia, several Arab states have voiced their support for Saudi Arabia in the face of harsh criticism from the US over the kingdom’s decision to cut oil output. From the UAE to Oman, Algeria to Bahrain, the governments have condemned what they termed as the politicizing of...

Qatar plans to hike its imports of Jordanian food products during FIFA World Cup Qatar 2022 as demand is expected to increase at unprecedented rates due to influx of over 1.5 million fans and visitors.

French Prime Minister Elisabeth Borne starts a visit to Algeria with a top-level delegation, pushing for better ties with the former French colony and major gas exporter. Her two-day trip along with 16 ministers comes just six weeks after President Emmanuel Macron concluded a three-day visit aimed at ending months...

Dubai Electricity and Water Authority (DEWA) has invited international developers to send their Expressions of Interest (EOI) to implement the sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park based on the Independent Power Producer (IPP) model.

While Saudi Arabia has said it does not use oil as a political tool, US experts see this as a direct rebuff to the Biden administration.

The ceremony was attended by Dr. Majida Al Azazi, Chairman of the Board of Directors of M Glory Holding Group, and Saud Abu Al Shawareb, Executive Vice President - Industrial Leasing at TECOM Group PJSC, along with other top business leaders and media representatives.

The OPEC+ oil cartel will meet in Vienna next week for the first time since Covid curbs were introduced in 2020, the organization said.

Jordan Prime Minister Dr. Bisher Khasawneh has a joint meeting with the agriculture ministers of Iraq, Syria and Lebanon.

Oil giant Saudi Aramco's chief blasted "unrealistic" energy transition plans, calling for a "new global energy consensus", including ramped-up investments in fossil fuels to address painful shortages. Speaking at a conference in Switzerland, Amin Nasser lamented a "deep misunderstanding" of what caused the current energy crunch.

Dutch firm will provide water desalination technology

A study by an Emirati researcher has shown that wheat growth can be accelerated and production improved using treated sewage water.

The move could irk the United States as it has pressed the group to increase output in order to bring down energy prices that have fuelled decades-high inflation. OPEC+ had agreed to huge cuts in output in 2020 when the Covid pandemic sent oil prices crashing, but it began to...

Abu Dhabi National Oil Company (ADNOC) Monday announced the award of a US$548 million (AED2.01 billion) contract to build a new main gas line at its Lower Zakum field offshore of Abu Dhabi.

Innovative technologies to produce green hydrogen using clean and renewable energy are witnessing rapid developments and studies indicate that green hydrogen production will increase by 57 percent annually to reach 5.7 million tonnes in 2030.

Egypt has posted a record in pumping out 2.7 billion cubic meters of gas per day at Zohr gas field during the 2021-2022 financial year.

The increased production is consistent with announcements made by Kuwait Petroleum Corporation.

The government is committed to expanding the management consulting services sector's participation in enhancing industrial production processes and facilitating access to global markets, said Youssef Shamali, Jordan's Minister of Industry, Trade and Supply.

The news of the loss of $6.4m in H1 led to a slide in firm's stock.

Oil prices slipped in Asian trade, with both main contracts down around two percent as the stuttering Chinese economic recovery added to concerns about demand.

Food prices dropped significantly in July, marking the fourth consecutive monthly decline since record highs earlier this year in the wake of the situation in Ukraine, the Food and Agricultural Organization said. FAO published its latest Food Price Index, which tracks monthly changes in global prices of cereals, vegetable oils,...

The cartel led by Saudi Arabia and Russia decided to raise production by 100,000 barrels per day for September, much lower than previous increases, according to a statement issued after a ministerial videoconference. Oil prices seesawed following the announcement, rising before falling more than two percent in afternoon trading, with...

Saudi Arabia will pour in $5 billion in the poultry industry in order to boost production as the kingdom looks to achieve  self-sufficiency in the sector. The Saudi Minister of Environment, Water and Agriculture Abdulrahman Al-Fadley said that in targeting 1.3 million tons of broiler chickens per year, the ministry...

Saudi Arabia's Industrial Production Index (IPI) in April 2022 increased by 26.7 percent compared to the same month last year. The General Authority for Statistics (GASTAT) said the IPI continued to show positive growth rates due to the high production in mining, quarrying and manufacturing activity. The IPI is an...

The country’s National Center for Statistics and Information has announced that the country’s production of natural gas at the end of last March rose 0.8 percent.

The Department of Agriculture and Water Resources in the Wilayat of Adam in the Governorate of A'Dakhiliyah has started harvesting wheat crop in various villages, Omani media reports said. The cultivation of wheat crop begins in Adam in November until March each year. Wheat is harvested in a number of...

The 13 members of the Saudi-led OPEC and 10 countries spearheaded by Russia backed an increase of 432,000 barrels per day in May, marginally higher than in previous months.

The firm plans to produce 30m hatching eggs by 2023 from 11m in 2021.

A 150-strong task force is working feverishly to keep supply flowing.

Elon Musk to hand over first 'made in Germany' Model Y car.

The production started by Abu Dhabi-based Mubadala Petroleum.

The United Arab Emirates on Thursday reaffirmed its commitment to OPEC+ alliance agreements, a day after an envoy said it would urge the cartel to boost oil output. "The UAE is committed to the OPEC+ agreement and its existing monthly production adjustment mechanism," Energy Minister Suhail al-Mazrouei wrote on Twitter....

However, Gulf countries have an interest in acting in coordination — both within OPEC, and with Russia-led allies in the OPEC+ group — to avoid a price war and keep control over the market.

The surge in energy costs is a consequence of Russia's invasion of Ukraine, which prompted Washington and its European allies to impose tough sanctions on Moscow, including a US ban on Russian oil imports that was announced by President Joe Biden on Tuesday.

Brent had spiked to $139 on Monday — about $8 short of an all-time record — in expectation of the US embargo on Russian oil and gas.