UAE Remains MENA Region Industrial Park Leader with 47 Zones
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Saudi Aramco makes two new oil and gas discoveries
The two fields are in the north of country bordering Jordan
Reopening begins, but COVID-19 economic shockwaves persist: PwC
Weaker oil and COVID-19 lockdowns squeeze economic activity and push down 2020 forecasts
Saudi Arabia sees 54% increase in new international companies in 2019
The final quarter of 2019 proved to be the busiest period of the year, with the number of new international companies increasing to 305 from 238 during the same quarter in 2018
Coronavirus threatens demand, says Saxo Bank commodity head
Ole Hansen, head of commodity strategy for Saxo Bank, comments on the turbulent start to 2020
APICORP signs deal with Yellow Door Energy for rooftop solar panels at headquarters
New fittings expected to generate 718 MWh of clean energy and cut carbon emissions by 2,000 tonnes in the first year
MENA power sector needs $209bn investments until 2023: APICORP
Close to 87GW of generation capacity is currently under execution, driven by the UAE (19%), followed by Saudi Arabia (17%) and Egypt (16%)
Iraq looking for alternatives in case Strait of Hormuz is closed: Iraqi PM
One-fifth of global oil consumption passes through the Strait of Hormuz
APICORP: $1trn in current and planned MENA energy investments over next five years
Saudi Arabia has the largest current and planned investments in the medium-term followed
by UAE and Kuwait
Honeywell opens Kuwait’s first in-country manufacturing and testing centre for oil and gas technologies
The centre builds ‘Made in Kuwait’ solutions for digital transformation initiatives across the country’s growing oil, gas and petrochemical sectors