The Middle East Economy in 2025: From Oil Dependence to Diversified Growth The Middle East has long been associated with oil wealth,…
Saudi ACWA Power Secures $700M Loan for Suez Wind Farm Project Saudi Arabia's utility company ACWA Power has signed a $700 million…
ADNOC Drilling Forms New Partnership in Unconventional Energy with SLB and Patterson-UTI ADNOC Drilling Company has teamed up with SLB and Patterson-UTI…
Qatar expects to earn $53.8 billion in revenue for its 2025 budget but will have a $3.6 billion shortfall Qatar expects to…
ADNOC Gas has given a contract to Worley to design the Bab Gas Cap Project, which aims to increase gas processing capacity…
Oil prices jump over 2% as OPEC+ plans output cuts; Israel-Hezbollah tensions boost prices further Oil prices rose by over 2% on…
Saudi Aramco has finished buying a 10% share in the joint venture between Renault and China's Geely, which focuses on powertrains Saudi…
Saudi Arabia's non-oil exports increased by 22.8% in September, mainly due to growth in the re-export sector Saudi Arabia's non-oil exports, including…
Saudi Aramco, Sinopec Break Ground On Refining, Petrochemical Facility In Southeast China Saudi Aramco and China Petroleum and Chemical Corporation (Sinopec) have…
TAQA Group reports a 13% increase in its net income for the first nine months, reaching $1.7 billion, thanks to strong performance…
UAE's IntelliGrid wins a $480 million contract from SOCAR to improve Azerbaijan's energy systems using AI technology IntelliGrid, based in Abu Dhabi,…
ACWA Power reports a 16% increase in nine-month profit, reaching $334 million, thanks to strong progress in projects Saudi Arabian utility developer…
For June, 2024