Tags :Renewables

Economy Energy Featured News Regional

Renewables Accounted 43% of Total Installed Power Capacity in 2023:

Global Business Magazine March 29, 2024

The UAE-based International Renewable Energy Agency (IRENA) has said that renewables accounted for 43% of global installed power capacity in 2023.Read More

Energy Business Featured News Regional

TAQA to Invest Over 20 billion to Expand UAE’s Water

Global Business Magazine November 14, 2023

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities in Europe, the Middle East and Africa, on Monday Read More

Energy Business News World

Sembcorp to Invest $7.7 Billion in Renewable Energy by 2028

Global Business Magazine November 7, 2023

Singapore-headquartered Sembcorp Industries on Monday said that it will invest around $7.77 billion, equivalent to 75% of the investments between 2024 and 2028 total investments in Read More

Business Energy Featured News Regional

Saudi Arabia and Greece to Launch Saudi-Greek Interconnection Grid

Global Business Magazine October 2, 2023

IPTO, the independent power transmission system operator of Greece, and Saudi Arabia’s National Grid, wholly owned by Saudi Electricity Company have Read More

Business Featured Mergers and Acquisitions News Regional

Saudi PIF-backed Nesma to Acquire Dubai-based Private Energy Firm

Global Business Magazine August 2, 2023

Nesma & Partners Contracting Company Ltd, which is partly owned by Saudi Arabia’s SWF Public Investment Fund, on Tuesday signed an agreement Read More

Finance Featured News Regional

Saudi Aramco post 90% Y-o-Y increase in net income to

Global Business Magazine August 15, 2022

The Saudi Arabian Oil Company (Aramco) has posted a 90% year-on-year (Y-o-Y) increase in net income and declared a dividend of $18.8 billion to Read More

Energy Featured News Regional

Qatar likely to further expand its LNG production

Global Business Magazine April 29, 2022

When Qatar announced expansion of its LNG project in 2019, it was met with skepticism from all around.Read More

Energy Featured News World

Global energy epending to reach $2.1 trillion in 2022

Global Business Magazine April 12, 2022

Global energy spending is set to reach a record $2.1 trillion in 2022, led by oil and gas as well as rising power prices 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

Business News World

BlackRock, Saudi asset manager Hassana sign deal for Aramco’s gas

Global Business Magazine December 7, 2021

Saudi Aramco (2222.SE) said on Monday it has signed a $15.5 billion lease-and-leaseback deal for its gas pipeline network with a consortium led Read More