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US strikes sparks oil shock, inflation fears, says expertThe market impact of President Donald Trump’s military strikes on Iranian nuclear facilities is already beginning to reshape investor expectations across asset classes, sectors and geographies, according to Nigel Green, CEO of financial advisory giant deVere Group. More… |
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Bvlgari inks deal with Eagle Hills for Abu Dhabi mansion projectItalian luxury hotel chain Bvlgari Hotels & Resorts has announced that it has signed a long-term agreement with Eagle Hills, a UAE-based private real estate development company, for a new resort and private mansions project located in Abu Dhabi. Set More… |
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Egypt starts $200m solar energy complex in Ain SokhnaEgypt's General Authority for the Suez Canal Economic Zone (SCZONE) has laid the foundation stone for a $200 million integrated industrial complex in the Ain Sokhna industrial zone, which focuses on the production of solar energy components. The project is More… |
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UAE chairs Global Energy Efficiency AllianceThe UAE, represented by the Ministry of Energy and Infrastructure (MoEI), announced that it is chairing the Global Energy Efficiency Alliance (GEEA) for the coming years, following the formation of GEEA’s General Secretariat, reported WAM. The UAE announ More… |
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2025 energy transition index up 1.1pc: WEFGlobal progress towards secure, equitable and sustainable energy is accelerating after years of sluggish gains, according to a World Economic Forum (WEF) report. However, rising geopolitical tensions, investment gaps, and a growing disconnect between clean energy innovation and deployment whe More… |
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Honeywell, Samsung E&A join global players for new SAF tech ventureGlobal industry leaders Honeywell and Samsung E&A have joined hands with Johnson Matthey, a leader in sustainable technologies, and Gidara Energy to bring a groundbreaking end-to-end global solution to market for producing sustainable aviation fuel (SAF) from biomass and municipal solid w More… |
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Kanoo Energy to showcase localisation at Saudi Industry ForumKanoo Energy, a division of Kanoo Industrial & Energy, part of the Yusuf Bin Ahmed Kanoo Company, has announced its participation in the upcoming Saudi Industry Forum 2025, to be held from June 23 to 25 at the Dhahran Convention and Exhibition Center, under the patronage of the Ministry o More… |
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Oman invites bids for two key substation projectsOman Electricity Transmission Company (OETC) has invited bids from leading utility project developer/ developer consortiums for the construction of 400kV and a 132kV substation projects. For the 400kV unit, the scope of work includes construction of Majan 400/ More… |
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Equinor’s first solar plant in Denmark starts productionEquinor's first solar plant in Denmark, the 65 MW Ingerslev Å, has started production, managed by Equinor's subsidiary BeGreen. “This is another step in our ambition to establish a profitable onshore renewables business in select markets ac More… |
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DNV launches SE-0696 to reduce risks in CCUS projectsDNV, the global independent energy expert and assurance provider, has released a new service specification (DNV-SE-0696) for the verification and certification of Carbon Capture, Utilization, and Storage (CCUS) facilities. The document provides a structured me More… |
