Tuesday 21 May 2024
 
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Arab Energy Fund enters strategic partnership with Dussur

The Arab Energy Fund (TAEF), a multilateral impact financial institution focused on the MENA energy sector, signed a Memorandum of Understanding (MoU) with the Saudi Arabian Industrial Investments Company (Dussur) to fast-track and facilitate prospective financing opportunities for TAEF of up

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Prudent policies to lift Qatar economic growth: IMF

Prudent macroeconomic and financial sector policies will further strengthen Qatar’s resilience with average growth expected to be lifted to around 4.5 per cent in the medium term by the significant LNG production expansion and initial gains from implementing NDS3, an IMF report said.

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Sharjah provides power connection to 1,135 projects in Q1

Sharjah Electricity, Water and Gas Authority (SEWA) has announced that power connection has been provided to 1,135 projects spread across various parts of the city during the first quarter, with the total load exceeding 109 megawatts.   This comes following the

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Aramco inks deal with US firms for low-carbon energy solutions

Saudi oil giant Aramco has announced the signing of three Memoranda of Understanding (MoUs) with leading American companies - Aeroseal, Spiritus, and Rondo - in bid to advance the development of potential lower-carbon energy solutions.   The MoUs were signed in

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QFZ-Evonik to explore sustainable solutions for energy transition

Qatar Free Zones Authority (QFZ) and Evonik, a leading speciality chemicals company headquartered in Germany, have signed a memorandum of understanding on the sidelines of the Qatar Economic Forum (May 14-16) that is aimed at exploring specific investment opportunities focused on sustainable so

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Adnoc sets new industry standard at Ras Al Sadr

Adnoc has returned to the Ras Al Sadr field to start gas production, 75 years after the first exploration well was drilled at the field. Back in the 1950s, as the Middle East’s oil industry was being established, Abu Dhabi’s first ever exploratory well was drilled in Ras Al Sadr,

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Immensa enhances localised manufacturing presence in Oman

Immensa, Mena’s largest digital manufacturer, has announced a strategic alliance with Intaj Suhar for Advanced Manufacturing (ISAM) in Oman, via a Memorandum of Understanding (MoU) signed to boost in-country manufacturing.    In line with Immensa&rsqu

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State-of-the-art ACT Abu Dhabi is now open for business

Arabian Chemical Terminals in Abu Dhabi (ACTAD) has announced the start of operations at its newly built chemical tank storage terminal in Khalifa Port, Abu Dhabi, UAE. The terminal is the first commercial chemical tank farm of its kind in the Emirate.   Strateg

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Adnoc delivers first bulk shipment of low-carbon ammonia to Japan

Adnoc has delivered the world’s first certified bulk commercial shipment of low-carbon ammonia enabled by carbon capture and storage (CCS) to Mitsui for use in clean-power generation in Japan.   The low-carbon certification process, from production to deli

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​North field projects on track, LNG remains essential: QatarEnergy

Saad Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said Qatar’s LNG expansion projects are moving ahead on track towards an increased production capacity of 142 million tons per annum, adding that “with 18 million tons per annum coming f

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