Energy - Global Business Magazine

UAE firm-led consortium eyes $1.5 Billion Solar Powered Desalination Plant

Global Business Magazine February 18, 2022

STANDFIRST: The UAE-headquartered Metito Holdings Ltd., Norway’s Scatec Solar and Egypt’s Orascom Construction are in talks with Egypt to construct Read More

Environment Energy News World

Facing Texas pushback, BlackRock says it backs fossil fuels

Global Business Magazine February 18, 2022

At the risk of being dropped from Texas pension funds, BlackRock Inc (BLK.N) has ramped up its message that the world's Read More

Business Featured News Regional

UAE Leads MENA Region’s M&A Activity In 2021 with 303

Global Business Magazine February 16, 2022

The UAE led Middle East and North Africa (MENA) region as far as Merger & Acquisition (M&A) activity was concerned Read More

Energy Featured News Regional

UAE Energy Firm Plans Water And Power Projects in Egypt

Global Business Magazine February 15, 2022

The UAE’s energy company AMEA is planning to set up one each water desalination and green hydrogen project in Egypt. AMEA Read More

Energy Featured News Regional

Hassyan Power Complex Adds 1,200 MW To Its Production Capacity

Global Business Magazine February 14, 2022

Dubai Electricity and Water Authority (DEWA) has disclosed that the current production capacity of Hassyan Power Complex reached 1,200 megawatts (MW), using the Read More

Business Featured News Regional

UAE Ranked Third Globally In Agility Emerging Markets Logistics Index

Global Business Magazine February 10, 2022

The United Arab Emirates (UAE) has been ranked first in the MENA region and third globally for its performance in both the Read More

Energy News World

Oil hits seven-year highs as U.S. storm heightens supply concerns

Global Business Magazine February 4, 2022

Oil prices reached seven-year highs on Friday as geopolitical tensions and a winter storm in the United States fuelled concerns over supply Read More

Business Economy News Oil & Gas World

Oil forward curves signal tight market, supporting price rally

Global Business Magazine January 31, 2022

The risk of geopolitical disruption to oil supply at a time of already tight inventories due to the strong post-pandemic recovery has Read More

Business News Oil & Gas Regional

Oil rises on elevated geopolitical risks in Europe and Middle

Global Business Magazine January 24, 2022

Oil prices rose on Monday on worries about supply disruption amid concerns about Russia-Ukraine discord and rising tensions in the Middle East, Read More

Business Economy News World

Analysis: Governments no match for markets in European energy crunch

Global Business Magazine January 19, 2022

European governments have spent tens of billions of euros trying to shield consumers from record high energy prices, and themselves from voters' Read More

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