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DEWA’s Green Charger sees 23.6pc rise in EV charging by Q1Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), announced that DEWA’s Green Charger initiative has witnessed a 23.6% increase in electric vehicle (EV) charging use at the end of Q1 2025, compared to the same period in 2024, reported WAM. More… |
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EU needs $277 billion for nuclear investment by 2050The European Commission has projected a need for €241 billion ($277 billion) in nuclear investments by 2050 to deliver on EU Member States’ nuclear energy plans and achieve long-term energy decarbonisation goals, reported WAM. This estimate, publish More… |
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Nigerian president to bring bold energy reforms to African Energy WeekNigerian President Bola Ahmed Tinubu is set to address African Energy Week (AEW) 2025 in Cape Town, bringing his country's bold reforms in the oil and gas sector to the big industry event aimed at attracting foreign investment and revitalising domestic production. More… |
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Saudi group MGC seals Jubail–Buraidah pipeline dealSaudi-based Mutlaq Al-Ghowairi Contracting Company has announced that it has secured the engineering, procurement and construction (EPC) contract for the Jubail-Buraidah Independent Water Transmission Pipeline Project. This project is a significant boost to th More… |
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Al Ramz appointed as liquidity provider to Adnoc DistributionAl Ramz Capital has been appointed as a liquidity provider for Abu Dhabi National Oil Company for Distribution (Adnoc Distribution), the largest retailer in the UAE and the leading fuel distributor. Following regulatory approvals, Al Ramz will begin independen More… |
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Aramco tops Forbes Middle East 100 Biggest Players listForbes Middle East has published its annual list of the Top 100 Listed Companies in the Middle East, highlighting the public corporations that are driving the region’s capital markets and shaping economic growth. Despite a slight dip in net profits More… |
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VCM, Enowa to deliver over 30m tonnes of carbon creditsThe Voluntary Carbon Market Company (VCM), a carbon credit company established by PIF and Saudi Tadawul Group, and Enowa, the energy and water subsidiary of NEOM, have announced a long-term agreement to facilitate the delivery of approximately 30 million tonnes of carbon credits within this d More… |
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African Development Bank readies $476m loan for Egypt solar plantThe African Development Bank has teamed up with European Bank for Development and Reconstruction (EBRD), and the British International Investment (BII), the UK’s development finance institution and impact investor, to provide $479.1 million in funding to Obelisk Solar Power SAE, a speci More… |
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Global gas fired real estate generator market set for solid growthThe global gas fired real estate generator market is witnessing solid growth mainly driven by ongoing infrastructure development and urbanization efforts, alongside an increasing demand for reliable power generation solutions, according to a report by Global Market Insights. More… |
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Adnoc Drilling appoints Al Messabi as CEOAdnoc Drilling has announced that the Board of Directors has appointed Abdulla Al Messabi as the new Adnoc Drilling Chief Executive Officer (CEO). Abdulrahman Al Seiari, the Company’s current CEO, will retire at the end of the year following more than 45 More… |
