Saudi oil minister Khalid Al-Falih said on Sunday it would be too early to change OPEC+ output policy at the group’s meeting in April and that China and the US would lead healthy global demand for oil this year.
The Organization of the Petroleum Exporting Countries and its allies such as...
Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, has been awarded Dubai Chamber CSR label, for the fifth year consecutively, for its outstanding contributions in promoting Corporate Social Responsibility (CSR) initiatives and...
A joint task-force comprising six Dubai Government entities and ENOC Group is taking concerted efforts to curb illegal trade of diesel in Dubai, which have seen steady progress in recent months.
The task-force includes representatives of Dubai Economic Department, Ministry of...
The Ascott Limited (Ascott) continues to underline its ‘green’ commitments as Citadines Metro Central Dubai has been awarded the Green Key global standard of environmental excellence within the hospitality sector. The prestigious eco award certifies the property’s adherence...
The Sustainable City, Dubai will host ‘Greener Living’, an environment-themed festival dedicated to promoting a modern and eco-friendly lifestyle through interactive activities and educative programmes for different age groups. To be held from February 28 to March 2, the festival...
Minister of Environment, Water and Agriculture Eng. Abdulrahman Al-Fadhli signed agreements to build the Jeddah 2 Independent Sewage Treatment Plant.
The project, which has a design capacity of 500,000 cubic meters per day, will serve the Jeddah city to meet its increasing need.
A consortium, ...
The GCC’s petrochemicals sector is expected to receive around $50 billion in investments in the coming six years.
Total investments pumped into the sector have exceeded $150 billion in the GCC six countries, the Gulf Petrochemicals and Chemicals Association’s (GPCA) secretary general ...
Minister of Energy, Industry and Mineral Resources Khalid Al-Falih signed on Wednesday several memoranda of understanding (MoUs) pertaining to Saudi Arabia’s joining of the International Solar Alliance (ISA), industrial and commercial projects in fertilizers, pharmaceuticals and medical...
State-owned Saudi Aramco has signed an agreement to form a joint venture with Chinese defence conglomerate Norinco to develop a refining and petrochemical complex in Panjin city, saying the project is worth more than $10 billion.
The partners will form a new company called...
Many Indian businesses that already operate in the Kingdom are interested in expanding as part of Vision 2030. Retail company Lulu Group International, for example, plans to open 12 new hypermarkets and five malls in Saudi Arabia by next year.
It already employs more than 2,700 Saudi...