Sunday 28 April 2024
 
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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

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Gulf Air to soon restart flights to Iraqi cities

Bahrain'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

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Aramco mulls Rongsheng JV, eyes China downstream deals

Saudi 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

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Industry leaders to discuss future of plastics in Dubai

Hundreds 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

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‘$3bn investment opportunities’ in transportation industries

The 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

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IMEX Frankfurt to see participation of 4,000 buyers

The 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

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EWEC announces partners for 1.5 GW solar project

EWEC (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

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Inaugural future mobility event DRIFTx kicks off in Abu Dhabi

Some 80 international mobility experts and innovators and 75 global exhibitors are taking part in Abu Dhabi’s inaugural DRIFTx, an international platform and exhibition for smart, autonomous, and sustainable urban mobility applications. The event ignited discussions on the latest trends

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Abu Dhabi plans to deploy sea gliders with Regent

The Abu Dhabi Investment Office (ADIO) has signed a memorandum of understanding (MoU) with electric pioneering sea glider maker, Regent, to develop technology that is targeted at drastically reducing the time and cost of moving people and goods between coastal cities, a report said. Th

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Maalexi signs deal with ECI to help agri-trade SMEs

Maalexi, a UAE-based dynamic risk management platform for SME agri-businesses, has signed a strategic credit insurance agreement with Etihad Credit Insurance (ECI), the UAE's Federal export credit company.   Maalexi will leverage ECI’s robust suite of

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