ADNOC launches XRG: An $80bln+ lower-carbon energy and
Nov 27, 2024 · Strategy to meet rising global demand for lower-carbon energy and chemicals required to power sustainable economic growth XRG aims to capitalize on three megatrends: transformation of energy, exponential growth of AI, and the rise of emerging economies. Ambitious growth strategy aims to more than ...
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Infrastructure Projects News - ZAWYA
Latest news on global infrastructure projects. WATER AND SEWERAGE SWPC announces preferred bidder for 600,000 m3/day Jubail 4 and Jubail 6 IWP
Ghitha Holding reports 11% revenue growth, totaling AED 3.67bln …
Oct 26, 2024 · Gross Profit increased by AED 188 million, +36% growth YoY; EBITDA remains strong, representing ~ 10% of Revenue (Excl fair value changes in investment); Total Assets increased to AED 9.4 billion (+33% vs. Dec 23)
Google announces AI Opportunity Initiative for the Middle East …
Oct 31, 2024 · Google's largest AI initiative in the region aims to equip half a million individuals in the first two years - including students, academics, developers, entrepreneurs and underrepresented groups - with essential AI skills, by working with local partners and Google.org funded organisations.
UAE retail giant LuLu to list 2.58bln shares on ADX - ZAWYA
Oct 20, 2024 · UAE retail giant LuLu will sell 2.58 billion shares, representing 25% of its stake through a three-tranche IPO that will start on October 28 and close on November 5.
SICO announces $500mln in new investment products at Gateway …
Nov 3, 2024 · SICO BSC (c) a leading regional asset manager, broker, and investment bank with a direct presence in Bahrain, Saudi Arabia, and the UAE, announced today an expanded product suite at Gateway Gulf 2024.
Italian firm awarded consultancy deal for Iraq's $17bln ... - ZAWYA
Nov 27, 2024 · Iraq on Wednesday signed an agreement with an Italian firm to prepare feasibility study and design of the rail portion of one of the Middle East’s largest multimodal projects.
Ethara announces Aggreko Middle East as official sustainability
Nov 21, 2024 · Abu Dhabi, UAE: Ethara has today announced Aggreko Middle East as their Official Sustainability Partner. The agreement sees Ethara extend its collaboration with Aggreko, which has been supporting operations at Yas Marina Circuit to monitor and minimise carbon emissions across the Abu Dhabi Grand Prix as well as …
SPPC prequalifies top firms for 1,500MW Saudi wind project
Nov 27, 2024 · Saudi Power Procurement Company (SPPC) has announced that a total of 11 utility project developers have been prequalified for the sixth round of Wind PV IPP projects coming up across the kingdom with a total capacity of 1,500 MWac. These projects are being implemented under the National Renewable ...