Rapid growth of the global hydrogen economy can bring significant geoeconomic and geopolitical shifts giving rise to a wave of new interdependencies, according to new analysis by the International Renewable Energy Agency (IRENA). The ‘Geopolitics of the Energy Transformation: The Hydrogen Factor’ report sees hydrogen changing the geography of energy trade and regionalising energy relations, […]Read More
The value of real estate transactions in Dubai on the first working Friday following the adoption of the new weekly work system in the country exceeded AED2.53 billion, with 227 real estate transactions. The total value of real estate transactions recorded in the first week of the new year exceeded AED7.24 billion, with 1,766 transactions. […]Read More
Abu Dhabi Ship Building (ADSB), the regional leader in the design, new build, repair, maintenance, refit and conversion of naval and commercial vessels, today marked a major milestone in serving the naval and maritime industry in the UAE and beyond for 25 years. ADSB commenced operations with the vision of becoming a trusted naval defence […]Read More
The price of OPEC basket of thirteen crudes stood at $71.61 a barrel on Friday, 3rd December, compared with $70.03 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran […]Read More
The UAE with its abundant solar power has the potential to become an exporter of renewable hydrogen to Europe in the future, a top European Union (EU) official told Emirates News Agency (WAM). “What is important for us, in addition to scaling up renewable hydrogen in the EU, is to create a global hydrogen market […]Read More
The relationship between France and the UAE is based on “friendship, truth, quest and willingness” to build the future, a French minister said on Sunday. “We want to open a new era in the economic cooperation between the two countries. Since we now have a very quick and solid economic recovery, this is time to […]Read More
The price of OPEC basket of thirteen crudes stood at $79.37 a barrel on Thursday, compared with $81.10 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Iran), […]Read More
ENOC Group, the official integrated energy partner of Expo 2020 Dubai, today signed an agreement with Air Chateau, a helicopter service provider offering charter and transportation services. The announcement was made during a signing ceremony at the Dubai Airshow 2021. The agreement was signed by Farid Al Bastaki on behalf of ENOC Group, and Dr […]Read More
On the second day of Dubai Airshow 2021, the Ministry of Defence announced the conclusion of 5 deals at the value of AED11,284,837,000.00 with local and international companies. The total number of deals in these two days have been 10 contracts with a total value of AED16,524,044,000.00. The deals of the first day amounted to […]Read More
Dubai SME has extended AED75.6 million in financial facilities to the Global Village under an agreement to support Emirati business initiatives. The agreement, signed for the 26th season of Global Village, which runs until 10th of April 2022, aims to provide emerging national projects with an exclusive space in one the best business platforms in […]Read More
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