Search results

A $3bn deal to generate conventional and renewable power in Libya and export it to Europe is the latest project to capture the imagination of Abu Dhabi’s financial and business community

Water and electricity minister Abdullah Al-Hussayen has said that construction

A cluster of new financing facilities has raised well over $10bn, boosting the GCC’s project finance market

The civil nuclear plans of GCC and neighbouring states point to a new assertiveness among Gulf economies, whose need to diversify energy sources is greater than the temptation to keep up with regional nuclear leaders Iran and Israel

The UAE's civil nuclear programme is notionally a federal affair, but it is being driven forward with some gusto by Abu Dhabi, confirming its position as the dominant driver of federal energy policy.

Engaging international oil companies in projects at home is essential to meet long-term demand, but MPs’ failure to agree on the way forward means Kuwait is having more success abroad

Backed by one of the world’s wealthiest governments, Abu Dhabi National Energy Company is already a major player in ten countries in the GCC, Europe, North America and Africa. Iraq will soon become its next play, chief executive Peter Barker-Homek told GSN

Russia and Oman have signed an agreement on nuclear energy co-operation

Al-Ghanim & Sons has signed a MoU with Russian state-owned power trader Inter Rao and VTB Bank to invest up to

Indonesian energy firm Valco is at the heart of a $1bn investment in two coal-mining firms in a deal that shows Gulf SWFs are still hard at work.

Abu Dhabi Water & Electricity Authority (ADWEA) is reportedly evaluating Shuweihat and Taweelah as potential locations for its next independent water and power project. According to

Taqa profits down as oil price stays low. Oxy deal to raise output. Qatar to build 100MW solar power plant

Saudi Arabia has an estimated $500bn “stashed away in US treasuries” (bonds), as one expert puts it. And the view being ordered from above – from King Abdullah Bin Abdelaziz down – is that “more of this will be invested at home, as was signalled by lifting the limits on the amount the PIF [Public Investment Fund, chaired by Finance Minister

Russia’s Gazprom has made a deal with Kuwait’s Noor Financial Investment Company to set up a joint venture targeting exploration and production work in Russia and the Middle East. The signing of a bilateral agreement on civil nuclear co-operation with George W Bush’s administration prior to the Republican president’s departure from office has raised some eyebrows in the United States, for fear that it will spark a ‘nuclear arms race’ in the region.

The government’s alternative energy arm is teaming up with foreign players to lead the way in sustainable development. With Abu Dhabi’s enormous petrodollar wealth and its enthusiasm for renewable energy, its strategy to partner with foreign companies who can offer technical expertise looks set to create powerful partnerships that will bring