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Innovation, collaboration key to sustainable growth: Sabic CEOSabic, a global leader in diversified chemicals, today (Martch 27) reaffirmed its advocacy for sustainable growth through innovation and collaboration at the Boao Forum for Asia (BFA)’s Annual Conference 2025 in China. Marking its sixth consecutive More… |
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thyssenkrupp Uhde lands big India chemical plant contractthyssenkrupp Uhde, a global leader in chemical technology solutions, has been awarded a contract by Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) for the construction of a third Weak Nitric Acid (WNA-III) plant at Bharuch, Gujarat in India. T More… |
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EHC Investment acquires Al Fanar Gas GroupEHC Investment, through its energy arm Emirates International Gas (EIG), has announced the full acquisition of Al Fanar Gas Group, Abu Dhabi’s largest gas distributor and maintenance provider and one of the most prominent gas service companies across the UAE. More… |
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AD Ports, Oylz in deal to set up petchem facility in Khalifa PortAD Ports, a leading facilitator of global trade, logistics, and industry, has announced the signing of a 50- year agreement with Oylz Terminals, a UAE based oil supply and distribution provider to develop a world-class clean petroleum storage facility in Khalifa Port. More… |
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Arab Energy Fund reports record income of $10.9bn in assetsThe Arab Energy Fund, a leading financial institution in the MENA energy sector, has reported its highest-ever net income for the fiscal year ending December 31, 2024. Total assets grew by 10.5% YoY to reach $10.9 billion. The fund's net income More… |
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Masdar acquires 234MW photovoltaic solar project in SpainMasdar, Abu Dhabi's future energy company, has invested in Spain's largest solar PV project, Valle Solar, through its subsidiary Saeta. The project, initially promoted by Genia Solar Energy and Solar Ventures, is the next step in Masdar's expansion in Spain and driving growth in t More… |
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Emirates Group co-locates to largest solar-powered data centreThe Emirates Group has joined forces with Moro Hub, a subsidiary of Digital DEWA, for co-location services at the Mohammad Bin Rashid Al Maktoum Solar Park. Moro Hub is the world’s largest solar-powered data centre, as certified by the Guinness World Records, reported WAM. More… |
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French firms eye Gulf's $1.68bn smart grid by 2026France will take center stage at Middle East Energy 2025, one of the region’s influential trade events dedicated to the global energy industry, from April 7 to 9, 2025. With a French Fab pavilion hosting 19 companies, France will present concrete solutions tailored to the modernization, More… |
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L&T snaps up mega $1.7bn QatarEnergy LNG contractIndia's top engineering and construction conglomerate Larsen & Toubro (L&T) has announced that its key unit - L&T Energy Hydrocarbon (LTEH) - has secured a ultra mega contract from QatarEnergy LNG for the North Field Production Sustainability Offshore Compression Project (NFPS More… |
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Saudi Electricity delivers solid 2024 results, revenue up 18pcSaudi Electricity Company (SEC) has delivered solid results for FY 2024, reporting total operating revenues of SAR88.7 billion ($24 billion), up 18% over the previous year, due to the sustained demand for electricity and increased power generation. This More… |
