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Dubai ranks first in Leading Maritime Cities reportDubai has once more showcased its appeal as an international maritime hub in the 2024 Leading Maritime Cities (LMC) report, securing the top spot in the Arab world and ranking 11th globally, moving up two places. Dubai’s impressive showing as a mar More… |
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Huge shortfall in investments in critical mineralsAs the climate emergency intensifies, demand is surging for minerals that are critical for renewable energy technologies like solar panels, wind turbines and electric vehicles (EVs). However, investments in these minerals are not keeping pace with escalating demand, says a report. More… |
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Nakilat 2024 Q1 net rises 6.1pc to $115.4mNakilat, Qatar’s premier LNG shipping company, has seen its first-quarter (Q1) 2024 net profit rise 6.1% to QR420 million ($115.4 million) compared to QR396 million during the corresponding period in 2023. For the period, the company achieved total reven More… |
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Rapid expansion of batteries 'key to meet climate goals'Growth in batteries outpaced almost all other clean energy technologies in 2023 as falling costs, advancing innovation and supportive industrial policies helped drive up demand for a technology that will be critical to delivering the climate and energy targets outlined at the COP28 climate co More… |
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Gulf Air to soon restart flights to Iraqi citiesBahrain's national airline Gulf Air has announced the resumption of its flights to the Republic of Iraq from its hub in Manama. Gulf Air’s first flight to Iraq was launched in 1974 and slowly it expanded to Baghdad, Najaf and Erbil cities. The More… |
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Aramco mulls Rongsheng JV, eyes China downstream dealsSaudi oil giant Aramco has announced plans to set up a new joint venture with Chinese group Rongsheng Petrochemical through its major refinery unit Sasref (Saudi Aramco Jubail Refinery Company). One of the world’s leading integrated energy and chemicals More… |
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Industry leaders to discuss future of plastics in DubaiHundreds of industry leaders, policy makers, academia and value chain partners will converge in Dubai next month to discuss the future of plastics and its role in solving modern day challenges. The 13th annual Gulf Petrochemicals and Chemicals Associatio More… |
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‘$3bn investment opportunities’ in transportation industriesThe Abu Dhabi Department of Economic Development (ADDED) has issued a new guide that allows domestic and international players to invest in a sector projected to reach a combined market size of AED11.04 billion ($3 billion) by 2027. Ahmed Jasim Al Zaabi, Chair More… |
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IMEX Frankfurt to see participation of 4,000 buyersThe 2024 edition of IMEX Frankfurt that will take place at Messe Frankfurt from May 14-16, will see the participation of more than 4,000 buyers, with the buyer, exhibitor and meeting numbers currently ahead of 2023. Carina Bauer, CEO of the IMEX Group, said: “We know that face-to More… |
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EWEC announces partners for 1.5 GW solar projectEWEC (Emirates Water and Electricity Company) has announced the award of its 1.5-gigawatt (GW) Al Ajban Solar PV Independent Power Project to an international consortium. The development of the utility-scale solar power plant was awarded to EDF Renewables and Korea Western Power Company (Kowe More… |
