Saudi-listed Mohammed Hassan Al Naqool Sons Company has announced that its wholly owned subsidiary Sadan Industrial Company has signed an agreement to purchase 50 Daewoo trucks for SAR14.9 million ( 4...

Bahrain s Electricity and Water Authority (EWA) has confirmed that the temporary power outage that affected several areas across the Kingdom has been fully resolved. The authority said its specialised...

Global oil markets are sending the wrong signal by treating the latest attacks on commercial shipping in the Strait of Hormuz as a contained geopolitical incident rather than a potentially significant...

Acwa has received government approval granting the company exclusive rights to export green hydrogen and its derivatives produced in Saudi Arabia to international markets including green ammonia green...

Qatar s Ministry of Commerce and Industry (MoCI) and QatarEnergy have signed Terms of Reference (ToR) to establish a joint governance framework for allocating hydrocarbon-derived resources to industrial...

Action Energy Company (AEC) Kuwait s local partner for integrated upstream services has partnered with global AI-led digital transformation firm Kellton to launch a joint venture aimed at accelerating...

XRG the international investment arm of Abu Dhabi National Oil Company (Adnoc) has announced that it has completed the acquisition of an additional equity interest in Trains 4 and 5 of Rio Grande LNG at...

Emarat Petroleum Company ( Emarat) has opened its first branded service station in Yerevan Armenia marking a key step in its international expansion strategy and reinforcing the UAE s goal of strengthening...

Saudi-listed Acwa has announced that its Board of Directors has recommended a cash dividend distribution of approximately SAR 352.6 million ( 94.5 million) for the financial year ended December 31 2025...

Kanoo Energy a division of The Kanoo Group has won the 22nd Sheikh Khalifa Excellence Award (SKEA) one of the UAE s highest honours for business excellence and private-sector impact. Presented under the...

Emirates Water and Electricity Company (Ewec) has opened registration for its 20th Clean Energy Certificates (CECs) auction supporting organisations in verifying their renewable and clean energy consumption...

Worley has secured a long-term five-year agreement as part of a pool of 11 contractors selected by Aramco to support major projects across Saudi Arabia. The contract will help deliver critical infrastructure...

Adnoc has launched a global liquefied natural gas (LNG) marketing and trading platform in Abu Dhabi Global Market (ADGM) integrating the commercial activities of Adnoc Gas XRG and Adnoc Trading into a...

Sustainability Forum Middle East (SFME) has announced the members of its Advisory Committee which will help shape the forum s 5th Edition taking place on January 26 and 27 2027 in Bahrain. Bringing together...

Acwa has signed a Public-Private Partnership (PPP) and Power Purchase Agreement (PPA) for the development financing construction and operation of the N diago 230 MW Combined Cycle Gas Turbine (CCGT) power...

BlueFive Capital among the world s fastest growing investment platforms announced today that it has acquired a 70% stake in Gulf Cobla a UAE-based dredging and land reclamation company with a track record...