Environment & Energy | Monday 18 March, 2019 3:00 am

Falih optimistic about commitment to oil supply cut

Saudi Arabia’s energy minister said on Sunday he was optimistic about continued commitment to the supply cut agreement between OPEC and non-OPEC members. Saudi Arabia along with other oil producers such as Azerbaijan will continue to work together to manage oil market stability, Khalid...

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Environment & Energy | Friday 15 March, 2019 11:49 am

Saudi Acwa Power to pump $3bln in Egypt in 2019

Saudi Arabia’s Acwa Power revealed plans to invest around $3 billion in Egypt’s electricity projects this year, the renewable energy developer’s country development director said. This sum will be allocated for implementing investments in the Upper Egypt governorates...

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Environment & Energy | Monday 11 March, 2019 5:11 am

Saudi Arabia Will Internationally Excel in Producing Over 50% of Solar Energy Globally in Accordance with the 2030 Vision.

Businessman Khaled Sharbatly, the Executive Partner in The Desert Technology Company specialising in solar energy, revealed that Saudi Arabia will achieve international leadership in producing solar energy. He pointed out that Saudi Arabia will produce over 50% of Solar Energy globally by the year...

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Environment & Energy | Monday 11 March, 2019 4:33 am

Saudi Arabia’s energy minister Al-Falih says no OPEC+ output policy change until June

Saudi oil minister Khalid Al-Falih said on Sunday it would be too early to change OPEC+ output policy at the group’s meeting in April and that China and the US would lead healthy global demand for oil this year. The Organization of the Petroleum Exporting Countries and its allies such as...

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Environment & Energy | Sunday 10 March, 2019 3:20 pm

Empower receives Dubai Chamber CSR label for the fifth year consecutively

Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, has been awarded Dubai Chamber CSR label, for the fifth year consecutively, for its outstanding contributions in promoting Corporate Social Responsibility (CSR) initiatives and...

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Environment & Energy | Tuesday 5 March, 2019 2:26 pm

Joint task-force of Dubai government entities and ENOC make steady progress in curbing illegal diesel trade

 A joint task-force comprising six Dubai Government entities and ENOC Group is taking concerted efforts to curb illegal trade of diesel in Dubai, which have seen steady progress in recent months.   The task-force includes representatives of Dubai Economic Department, Ministry of...

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Environment & Energy | Thursday 28 February, 2019 3:26 pm

ASCOTT’s Citadines Metro Central Dubai goes green

The Ascott Limited (Ascott) continues to underline its ‘green’ commitments as Citadines Metro Central Dubai has been awarded the Green Key global standard of environmental excellence within the hospitality sector. The prestigious eco award certifies the property’s adherence...

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Environment & Energy | Thursday 28 February, 2019 2:10 pm

The Sustainable City to host ‘Greener Living’ festival

The Sustainable City, Dubai will host ‘Greener Living’, an environment-themed festival dedicated to promoting a modern and eco-friendly lifestyle through interactive activities and educative programmes for different age groups. To be held from February 28 to March 2, the festival...

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Environment & Energy | Tuesday 26 February, 2019 3:48 am

Jeddah to get new sewage treatment plant

Minister of Environment, Water and Agriculture Eng. Abdulrahman Al-Fadhli signed agreements to build the Jeddah 2 Independent Sewage Treatment Plant. The project, which has a design capacity of 500,000 cubic meters per day, will serve the Jeddah city to meet its increasing need. A consortium, ...

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Environment & Energy | Sunday 24 February, 2019 7:11 am

GCC petrochemicals sector to receive $50bln investments in 6 years

The GCC’s petrochemicals sector is expected to receive around $50 billion in investments in the coming six years. Total investments pumped into the sector have exceeded $150 billion in the GCC six countries, the Gulf Petrochemicals and Chemicals Association’s (GPCA) secretary general ...

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