Energy - Global Business Magazine

AD Ports, Transmar and Orascom to Develop Green Methanol Unit in Egypt

Global Business Magazine May 29, 2024

Two global logistics firms and a leading construction group in the Middle East, on Tuesday signed a memorandum of Understanding (MoU) for Read More

Business Environment Featured News World

More Investments Needed to Achieve NZEs by 2050

Global Business Magazine May 15, 2024

Removal of Carbon dioxide (CO2) is a crucial step on the path to achieving net-zero emissions (NZEs). However, this requires hefty investments, Read More

Business Energy Featured News Regional World

ADNOC Drop Plans to Acquire Brazil’s Braskem

Global Business Magazine May 9, 2024

State-owned Abu Dhabi National Company (ADNOC), which has been buying several assets in the oil and gas sector across the world, has Read More

Technology Energy Featured News Regional

ADNOC, G42 and Presight Join Hands to Accelerate AI Solutions for Energy Sector

Global Business Magazine May 6, 2024

Two UAE-based technology firms – Presight Holding and G42 – along with Abu Dhabi National Oil Company (ADNOC), have formed a new shareholding structure Read More

Business Energy Featured News Regional

UNEZA to Increase Renewable Energy Capacity to 749 GW by 2030

Global Business Magazine April 22, 2024

The Utilities for Net Zero Alliance (UNEZA) has adopted the UNEZA Roadmap to 2030, which targets a total increase of renewable energy capacity Read More

Banking Featured News Regional

Saudi Banks’ Performance to Compensate for Declining Profits in Other Sectors

Global Business Magazine April 16, 2024

Saudi Arabia’s AlJazira Capital, which offers full range of modern investment products and services to the investors, said that a strong Read More

Economy Energy Environment Featured News World

US Announce Plans to Reduce GHG Emissions from Buildings by 2050

Global Business Magazine April 11, 2024

The US government is moving fast to minimise greenhouse gas (GHG) emissions from the buildings setting emission reduction targets of 65% by 2035 and 90% Read More

Economy Featured News Regional

Market Capitalisation of Saudi Arabia’s Tadawul Cross $3 Trillion Mark at End-2023

Global Business Magazine March 21, 2024

Amidst regional tensions and uncertain global economic conditions, the total market capitalisation of Saudi Arabia’s main market Tadawul grew by 13.98% and Read More

Economy Energy Featured News Regional

Barring UAE and Saudi Arabia, Growth Hits Other Countries in GCC Region in 2024

Global Business Magazine March 12, 2024

Facing a slowdown in 2024 owing to oil production cuts, the GCC growth forecast has been revised down to 2.7% from 3.9% three months ago, Read More

Finance Featured News Regional

DMCC Adds 2,692 New Companies in 2023