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150,000 MT PRODUCTION CAPACITY
EnerTech consortium wins Oman’s first hydrogen blocks
Kuwait-based EnerTech Holding has announced that its consortium, has been awarded one of Oman’s first hydrogen blocks located in the Dhofar region which is set to produce 150,000 metric tonne per annum green hydrogen by leveraging 4GW renewable energy.
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LOWER ZAKUM FIELD
Adnoc L&S wins $975m deal to build artificial island
Adnoc Logistics and Services, a global energy maritime logistics leader, has been awarded a $975-million artificial island construction contract by Adnoc Offshore.
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Q1 NUMBERS UP 15% OVER 2019
Mideast first global region to top pre-Covid tourist arrivals
International arrivals to destinations in the Middle East during the first quarter of 2023 were 15% higher than in the same period of 2019, making it the first global region to exceed pre-pandemic numbers, according to UNWTO data.
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Hitachi wins contract for NEOM power transmission system
Hitachi Energy, a global leader in sustainable energy solutions, has secured a major contract from Enowa and Saudi Electricity Company to design, develop and commission a ground-breaking HVDC Light transmission system in Saudi futuristic city NEOM.
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Sharjah agriculture and livestock unit signs coop deal with Carrefour
Sharjah Department of Agriculture and Livestock (SDAL) has signed a co-operation agreement with Majid Al Futtaim's Carrefour to establish a partnership supporting local agricultural and animal products and developing marketing strategies.
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Adnoc L&S wins $975m deal to build Lower Zakum island
Adnoc Logistics and Services, a global energy maritime logistics leader, has won a $975-million artificial island construction contract by Adnoc Offshore.
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Saudi economy booming; surplus at decade-high: IMF
The Saudi economy is booming, spurred by high oil prices, a strong pick up in private investment and reform implementation, says a finding by IMF staff.
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The IMO 'must take the bull by the horns'
To supercharge the green shift, a clear zero-emissions target by 2050, a market-based levy on CO2 emissions and an improved set of efficiency measures are needed and as the industry’s global regulator the IMO is the body to do it.
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MoIAT, Sinaha Platform in deal to promote UAE-made products
The Ministry of Industry and Advanced Technology (MoIAT) and Sinaha Platform have signed a memorandum of understanding (MoU) at the Make it in the Emirates Forum last week to promote UAE-made products.
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Business travel recovery ‘set to overtake leisure’
The recovery in global business travel is set to overtake leisure in July, according to the latest research from ForwardKeys, which has the most comprehensive and up to date flight ticketing data available.
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Falcon 40B to reward most creative use cases
Falcon 40B, the world’s top-ranked open-source AI model on the Hugging Face leaderboard for large language models (LLMs), is registering an overwhelming response to a Call for Proposals.
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IGY to develop Sindalah luxury marina at NEOM
IGY Marinas, a worldwide network of luxury marinas, has will develop and operate the prestigious marina at Sindalah, the luxury island destination at NEOM, the global development taking shape in northwest Saudi Arabia.
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85pc automotive makers ‘plan to maintain or increase workforce’
Some 85% of automotive manufacturers expect to maintain or even increase their current workforce due to technology adoption, said a study.
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DIFC mobilises action on climate finance in the run up to COP28
Dubai International Financial Centre (DIFC), a leading global financial centre, is building momentum on the critical role of finance in addressing global sustainability challenges ahead of COP28 at the second Sustainable Finance Summit.
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Google brings flagship event Saudi Arabia
Google announced a range of new AI-powered solutions to benefit advertisers and shared new insights about consumers in Saudi Arabia at its flagship event for ads and commerce, Google Marketing Live, in Riyadh today.
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Aldar Academies’ fresh identity unveiled
Aldar Education, a leading education provider in the UAE, has unveiled a new brand identity for Aldar Academies, which reflects the education group’s commitment to innovation.
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Cost of living ‘adjusts in UAE amid rapid economic growth’
Dubai and Abu Dhabi have moved up in the rankings to the 18th and 43rd spots respectively in Mercer’s Cost of Living 2023 survey.
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