Company Insights Saudi Aramco Oil & Gas Saudi Aramco News Energy Saudi oil giants lead on march to net zero Aramco and Sabic commit to big investments in technology to combat emissions from hydrocarbons Oil industry heavyweights from Saudi Arabia have pledged to pursue a green energy transition against a backdrop of robust energy prices, with Brent currently hovering at around $110 a barrel of oil. Officials from Saudi Aramco and Saudi Basic Industries Corporation, […] May 25, 2022 Energy Abu Dhabi and Britain sign deal to fuel global hydrogen push Adnoc’s deal to develop clean hydrogen with British giant BP and renewable energy firm Masdar is a “landmark agreement” that will accelerate the global transition towards a sustainable future, industry experts have said. As part of the partnership announced on Tuesday, Adnoc (Abu Dhabi National Oil Company) and BP have advanced to the design phase […] May 24, 2022 Energy ‘We’re serious about net zero’ says Saudi’s PIF chief PIF establishing new hydrogen company Fund plans to develop 70 percent of renewable energy targets Kingdom to phase out almost all liquids Saudi Arabia’s Public Investment Fund (PIF) is committed to achieving its goal of developing 70 percent of the kingdom’s renewable energy by the end of the decade, PIF’s governor confirmed today. Despite it […] May 20, 2022 Analysis Energy Abu Dhabi’s $2bn green energy splash will deepen India ties Abu Dhabi-based International Holding Company PJSC’s (IHC) AED 7.3 billion ($2 billion) investment in Indian multinational conglomerate Adani Group takes the UAE-India partnership to “a different level” with more deals on the horizon, market observers said. IHC provided capital to Adani Green Energy, Adani Transmission, and Adani Enterprises, which are all listed on the Bombay […] May 18, 2022 Energy Aramco takes bite out of Apple as world’s most valuable company Saudi Aramco overtook US tech giant Apple as the world’s most valuable company yesterday, fuelled by a rise in oil prices The same global economic drivers that are buoying the energy company’s profits are adding to an inflation surge, dampening demand for technology stocks. Aramco traded near its highest level on record, with a market capitalisation […] May 12, 2022 Analysis Markets ‘Savvy’ investors snap up DEWA shares Plenty of mystery surrounds the listing of Dubai utilities giant DEWA, the Middle East’s largest IPO since the floating of Saudi Aramco in late 2019. When CNBC’s Dan Murphy organised an interview with DEWA’s CEO, he hoped to extricate some details from the infamously secretive boss. Amid surging shares following news of the float, Saeed […] May 9, 2022 Insight Markets DEWA IPO bodes well for Dubai’s asset sale A further nine government and state-owned companies are now set to be listed on the DFM Optimism is growing over government plans to monetise state assets following the hugely successful Dubai Electricity & Water Authority (DEWA) initial public offering (IPO). DEWA debuted on the Dubai Financial Market (DFM) on April 12 in the UAE’s largest […] May 9, 2022 Tech Saudi agtech startup Red Sea Farms raises $18.5m Saudi Arabian agriculture technology startup Red Sea Farms has raised an additional $18.5 million to help expand its fresh produce line, and also to sell its technology to users in harsh, water scarce environments. The funding was raised from Saudi Aramco’s Wa’ed, The Savola Group, KAUST Innovation Fund and OlsonUbben, the company said. Red Sea […] April 25, 2022 Markets Oil drives rise in Gulf stock markets Major Gulf bourses closed higher on Wednesday, with a rise in oil prices driving the Saudi index up more than one per cent, while geopolitical tensions weighed on sentiment in Egypt. Oil prices rose 1.4 per cent on a drop in US oil inventories and concern over tighter supplies from Russia and Libya. Saudi Arabia’s […] April 20, 2022 Posts navigation Previous 1 … 55 56
Energy Saudi oil giants lead on march to net zero Aramco and Sabic commit to big investments in technology to combat emissions from hydrocarbons Oil industry heavyweights from Saudi Arabia have pledged to pursue a green energy transition against a backdrop of robust energy prices, with Brent currently hovering at around $110 a barrel of oil. Officials from Saudi Aramco and Saudi Basic Industries Corporation, […] May 25, 2022
Energy Abu Dhabi and Britain sign deal to fuel global hydrogen push Adnoc’s deal to develop clean hydrogen with British giant BP and renewable energy firm Masdar is a “landmark agreement” that will accelerate the global transition towards a sustainable future, industry experts have said. As part of the partnership announced on Tuesday, Adnoc (Abu Dhabi National Oil Company) and BP have advanced to the design phase […] May 24, 2022
Energy ‘We’re serious about net zero’ says Saudi’s PIF chief PIF establishing new hydrogen company Fund plans to develop 70 percent of renewable energy targets Kingdom to phase out almost all liquids Saudi Arabia’s Public Investment Fund (PIF) is committed to achieving its goal of developing 70 percent of the kingdom’s renewable energy by the end of the decade, PIF’s governor confirmed today. Despite it […] May 20, 2022
Analysis Energy Abu Dhabi’s $2bn green energy splash will deepen India ties Abu Dhabi-based International Holding Company PJSC’s (IHC) AED 7.3 billion ($2 billion) investment in Indian multinational conglomerate Adani Group takes the UAE-India partnership to “a different level” with more deals on the horizon, market observers said. IHC provided capital to Adani Green Energy, Adani Transmission, and Adani Enterprises, which are all listed on the Bombay […] May 18, 2022
Energy Aramco takes bite out of Apple as world’s most valuable company Saudi Aramco overtook US tech giant Apple as the world’s most valuable company yesterday, fuelled by a rise in oil prices The same global economic drivers that are buoying the energy company’s profits are adding to an inflation surge, dampening demand for technology stocks. Aramco traded near its highest level on record, with a market capitalisation […] May 12, 2022
Analysis Markets ‘Savvy’ investors snap up DEWA shares Plenty of mystery surrounds the listing of Dubai utilities giant DEWA, the Middle East’s largest IPO since the floating of Saudi Aramco in late 2019. When CNBC’s Dan Murphy organised an interview with DEWA’s CEO, he hoped to extricate some details from the infamously secretive boss. Amid surging shares following news of the float, Saeed […] May 9, 2022
Insight Markets DEWA IPO bodes well for Dubai’s asset sale A further nine government and state-owned companies are now set to be listed on the DFM Optimism is growing over government plans to monetise state assets following the hugely successful Dubai Electricity & Water Authority (DEWA) initial public offering (IPO). DEWA debuted on the Dubai Financial Market (DFM) on April 12 in the UAE’s largest […] May 9, 2022
Tech Saudi agtech startup Red Sea Farms raises $18.5m Saudi Arabian agriculture technology startup Red Sea Farms has raised an additional $18.5 million to help expand its fresh produce line, and also to sell its technology to users in harsh, water scarce environments. The funding was raised from Saudi Aramco’s Wa’ed, The Savola Group, KAUST Innovation Fund and OlsonUbben, the company said. Red Sea […] April 25, 2022
Markets Oil drives rise in Gulf stock markets Major Gulf bourses closed higher on Wednesday, with a rise in oil prices driving the Saudi index up more than one per cent, while geopolitical tensions weighed on sentiment in Egypt. Oil prices rose 1.4 per cent on a drop in US oil inventories and concern over tighter supplies from Russia and Libya. Saudi Arabia’s […] April 20, 2022
