Abu Dhabi's agricultural production in 2020 was valued at AED13.7 billion ($3.72 billion) in 2020, with an increase of 12 percent compared to 2019, growing at a compound annual growth rate of 6.5 percent for 2017-2020. Statistics collected by the Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) in collaboration...

The United Nations’ World Food Programme warned Friday about a looming food crisis in Ukraine in conflict areas, while disruptions in production and exports could lead to food insecurity globally. “In a year when the world is already facing an unprecedented level of hunger, it’s just tragic to see hunger...

The country has been able to overcome the hurdles that stood in the way of achieving food security by implementing comprehensive strategies and plans.

Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Proman, one of the world's leading producers of methanol, to develop the UAE's first methanol production facility at the TA'ZIZ Industrial Chemicals Zone in Ruwais, Abu Dhabi.

PP5 will increase Borouge’s PP annual production capacity by 25 percent.

Six African countries have been chosen to establish their own mRNA vaccine production, the World Health Organization said Friday, with the continent largely shut out of access to Covid jabs.

Big oil companies said their 2021 profits were $66.7 billion.

A total of 98 new economic activities have been added to several sectors of Dubai in 2021, bringing the total number of economic activities to more than 2,200. In 2020, the Business Registration and Licensing (BRL) sector at the Department of Economy and Tourism (DET), Dubai, had added 52 new...

The production capacity of the first project of the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park has increased from 300 megawatts to 330 megawatts, CEO of Dubai Electricity and Water Authority Saeed Mohammed Al Tayer said in a statement. The increased production results from using the...

Kuwait will increase its crude production by 27,000 barrels per day (bpd) to 2.6 million bpd from 1 Feb. 2022 in compliance with its new crude output quota after the OPEC and non-OPEC alliance's decision to upwardly adjust output level by 400,000 bpd as of next month. Deputy Prime Minister...

The Algerian firm will make the investments over five years.

The oil production in Majnoon Oil field will be increased to 450,000 barrels per day, said the Oil Minister of Iraq, Ihsan Abdul Jabbar Ismail.

Saudi Arabia will see a strong economic growth in the fourth quarter of 2021, due to a high oil production not seen since April 2020.

The OPEC+ alliance led by Saudi Arabia and Russia had so far resisted US-led pressure to significantly boost output to rein in surging energy prices.

The OPEC+ alliance led by Saudi Arabia and Russia has so far resisted US-led pressure to significantly boost output to rein in surging energy prices.

Iraq's oil Minister Ihsan Abdul-Jabbar has said that Iraq has worked on a vision that emphasizes the importance of finding a balance in the energy market, ahead of the new OPEC + meeting next month to study market conditions. "Iraq is a major member of OPEC and we have repeatedly...

Saudi Arabia has unveiled two initiatives to help the country boost its production and manufacturing.

Abu Dhabi's national oil company announced Tuesday a $6 billion investment in crude oil drilling as it ramps up production capacity. The announcement comes a day after the United Arab Emirates (UAE) said a recent UN climate summit in Glasgow was a "success" but that the world needs to keep...

The global aviation sector has begun to emerge from the Covid pandemic, its worst-ever crisis, and the "outlook is starting to brighten", Airbus CEO Guillaume Faury told journalists Monday. A large order of 255 of Airbus' single-aisle A231 planes announced Sunday at the Dubai Airshow "completely justifies" a shift to...

Emirates Global Aluminium (EGA) has increased the production capacity at Abu Dhabi's Al Taweelah smelter by 78,000 tons per year. As part of the expansion at the plant, which is one of the largest aluminum smelters in the world, a total 66 new reduction cells were added to the three...

The deal is valued at AED1.1 billion ($300 million).

Eight oil storage tanks and five other tanks for oil and chemical products were damaged and were leaking, while the transformer of the power supply system was also knocked out.

KOC plans to hike capacity to 3.2 million bpd by 2025.

Apple is unlikely to meet production goals for its new iPhone before the holidays because of a global electronic chip shortage, a report said Tuesday. The firm had planned to produce 90 million iPhone 13s before the end of the year, but will have to settle with 80 million as...

Following the discovery of gas by Turkey in the Black Sea, the European Union's gas production capacity is likely to increase by 25 percent.

Dragon Oil to double output by 2026

Russia, the largest exporter of wheat in the world, has been looking to enter the market for quite some time.

The investment is a step towards achieving the 5 million barrels per day oil production capacity target by 2030, the company said.

Saudi Arabia has reported a sharp rise in its Industrial Production Index (IPI) to 11.9 percent in June 2021 from a year earlier and by 3.6 percent from May, official data showed today.

JPMC recently set a new record for exports totaling 554,762 tons in June, the highest since the opening of the new phosphate export port

UAE objects to extending of cuts to the end of 2022 as it seeks to grow production Members consider whether to continue reviving crude supplies gradually Major oil-producing countries on Thursday failed to agree to boost output in August to meet growing demand and limit recent price rises, adjourning their...

Aramco tech chief says blue hydrogen production can’t be scaled up before 2030 He believes it works very similar to the LNG industry Production of blue hydrogen cannot be scaled up before 2030, and that it works very similar to the LNG industry. This is the assessment of Aramco’s Chief...