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The UAE logistics industry is undergoing a transformation revolution with top distribution players moving into electric mobility to help the country reach its Net Zero 2050 goals.
Crescent Petroleum, the Middle East’s oldest and largest private oil and gas company, is pleased to announce the completion of the first phase of its 3D seismic campaign at the Khashim Ahmer block in Diyala Governorate in Iraq.
Aramco, a global leader in energy and chemicals, has launched Saudi Arabia’s first Direct Air Capture (DAC) test unit, marking a significant advancement in the nation’s carbon reduction strategy. Developed in collaboration with Siemens Energy, this pilot facility can remove 12 tons of carbon dioxide (CO₂) annually from the atmosphere, positioning Saudi Arabia as a […]
Hitachi Energy, a provider of power grid solutions and electrification technology, is accelerating its global expansion efforts with an additional $250 Million Investment to boost transformer production, the company announced at CERAWeek. The investment builds on Hitachi Energy’s announced $6 billion commitment to expanding its manufacturing and supply chain capabilities. The funding will enhance production […]
Utility services in the Northern Emirates Etihad Water and Electricity (EtihadWE), has introduced its new corporate and brand identity during a ceremony held at the Etihad Golf Championship.
PV inverter and energy storage solutions provider Sungrow, unveiled its latest innovation, the SG150CX high-power string inverter, at the World Future Energy Summit (WFES) 2025 IN Abu Dhabi.
UAE-based energy management solutions provider, Emrill Energy, has signed a Memorandum of Understanding (MoU) with the Institute of Real Estate Management (IREM),
Luxury EV automobile company SERES has opened its first showroom in the UAE in partnership with Green Motors, a prominent car distributor in the region. The showroom, located on Sheikh Zayed Road in Dubai, marks a significant step for luxury EVs in the Gulf and aligns with the UAE’s green economy and sustainable mobility initiatives. […]
Saudi-based conglomerate Rawabi Holding has announced a joint venture with sustainability fintech company World Wide Generation (WWG), alongside a multimillion GBP investment in WWG. The partnership aims to streamline sustainability reporting and fast-track the Kingdom’s sustainability performance, aligning with the Saudi Vision 2030 goals and focusing on hard-to-abate sectors. The venture will utilise WWG’s G17Eco […]
The Arab Energy Fund (TAEF), a leading energy-focused financial institution in the MENA region, announced a 37% year-over-year increase in net income for the first half of 2024. The fund, formerly known as APICORP, reported a net income of USD 121 million for the period ending June 30, 2024, up from USD 88 million in […]
Electric services company General Electrics Vernova announced the successful rollout of its first H-class gas turbine unit at the GE Saudi Advanced Turbines (GESAT) facility in Dammam on Friday. This turbine will power the Jafurah Cogeneration Independent Steam and Power Plant (ISPP), which is anticipated to be the most efficient power plant in Saudi Arabia. […]
Advanced Energy Management Company (AEMACO), on Friday, successfully deployed its innovative energy management system at Servhub’s labour camp in the UAE, resulting in a 20% reduction in energy consumption. AEMACO, established in 2020, initially focused on air conditioning systems and developed a unique hardware and software solution for monitoring and controlling A/Cs, marking a first […]
