Energy Industry

Saudi Arabia’s $50 Billion Education Revolution: Will Vision 2030 Deliver?

Saudi Arabia’s Vision 2030, launched as a transformative national plan to diversify the economy away from oil dependence, places significant emphasis on education and human capacity development. This survey...

Saudi Arabia’s Bold Plan to Attract 100 Million Tourists by 2030

Saudi Arabia's Vision 2030, introduced by Crown Prince Mohammed bin Salman in 2016, is a strategic framework to...

Al Ansari Financial Services completes $200 million acquisition of Bahrain’s BFC Group

Al Ansari Financial Services (AAFS), one of the UAE's leading financial services providers, has finalized its acquisition of...

Dubai Gold Rates Surge Amid Trump’s Tariff Relief

Dubai’s gold market witnessed a sharp price surge as global investors flocked to the precious metal following U.S....

Car Insurance Policies Evolve in Response to Extreme Weather Events

In recent years, the insurance industry has undergone significant changes due to the increasing frequency and severity of...

September Fuel Price Outlook 2024: UAE Drivers Expect Relief

UAE September Fuel Price Drop The UAE is set to experience a decline in fuel prices this September, a relief for motorists across the country....

Dana Gas H1-2024 Remarkable Profits Up 3% at Dh124 Million Amidst Challenges in UAE and KRI

The energy sector in the Middle East is a dynamic environment, and companies like Dana Gas play a crucial role in the region’s economic...

UAE Fuel Retailer ADNOC Distribution Net Profit Rise

ADNOC Distribution, the UAE's leading fuel and convenience retailer, has reported a significant rise in its net profit for the first quarter of 2024....

Aramco’s Dividend Strategy: Sustaining $31 Billion Payouts Amidst Crude Market Challenges

Aramco's Dividend: Aramco, the Saudi Arabian oil giant, has announced that it will maintain its quarterly dividend at $31 billion. Despite lower profits, this...

IBAT Paves the Way for Cheaper, Faster Lithium Supplies with Unique Filtration Tech for EV Battery Metals

Lithium Production for EV Batteries In the rapidly evolving world of technology, lithium has become the backbone of the energy revolution, particularly in the production...

Oil Prices Rise for Fourth Straight Week: Brent Crude Hits New Highs

Oil Prices Rise Brent Crude and WTI Futures Climb Oil prices rise for the fourth consecutive week, hitting their highest levels since late April. Brent...
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