Blackstone has announced the final close of Blackstone Energy Transition Partners V (BETP V) at $8.7 billion, making it more than 50 per cent larger than its predecessor fund.
Abu Dhabi-based fertilizer producer Fertiglobe is studying plans to set up an integrated phosphate complex in Ain Sokhna region of Egypt. The complex will boast a production capacity of 1.3 million tonnes of diammonium phosphate (DAP) fertilizer per annum.
UAE oil major Enoc Group has recorded over AED478 million ($130 million) in cumulative savings through energy and resource management (E&RM) initiatives since 2014, alongside a 21.7% improvement in energy efficiency and a 11.5% cut in greenhouse gas emissions intensity, said a top official.
Bank of Bahrain and Kuwait (BBK) and Sustainability Forum Middle East (SFME) will host a high-level Sustainable Finance Roundtable on November 3, 2026, at the Sheraton Bahrain Hotel, bringing together stakeholders from the financial sector, government and industry to explore how sustainable finance can support Bahrain’s economic development and green transition.
Psychological consultancy IntrospeXion has appointed Dr Natalie Robson as Head of Corporate Psychology & Performance, GCC, as the company expands its mental health and workplace wellbeing support for high-pressure industries, including oil and gas and the wider energy sector.
Sparc Technologies Limited has signed a memorandum of understanding (MoU) with Levidian Nanosystems to develop and commercialise graphene-enhanced ecosparc coatings for protective and industrial applications across the GCC.
Sultan Qaboos University (SQU) has opened a Sustainable Energy Research Centre Laboratory, backed by an investment of nearly RO1.5 million ($4 million), to strengthen research, innovation and national expertise in sustainable energy.
Two of the major events in the Saudi construction sector - the 36th edition of Saudi Build and the 27th edition of Saudi Elenex - originally scheduled to be held from November 2 to 5 in the capital Riyadh have been postponed to next year due to the ongoing Middle East tensions.
Baker Hughes has announced a Power Frame Agreement with Venture Global and GE Vernova to support behind-the-meter power generation in the US, serving liquefied natural gas (LNG) production and potential future data centre projects.
The United Nations Development Programme (UNDP) will continue as a Strategic Partner of Sustainability Forum Middle East (SFME) for its fifth edition, scheduled for January 26–27, 2027, in Bahrain, as the platform expands its focus on sustainable finance, climate action and business resilience.
