The owners of the Borouge polyolefin plant in the UAE have signed a $3.5 billion contract to extend the site, which will make it the biggest plastics plant of its kind in the world, Arab News reports. Italian oil and gas engineer Maire Tecnimont has been awarded the contract to work on the Borouge 4 […]
The signing of new investment deals reportedly worth $30 billion between Saudi Arabia and Oman is no doubt a positive development for solidifying cooperation between the member countries of the Gulf Cooperation Council. Yet the first questions that spring to mind are: Why Oman and why now? Let’s find the answer together with Arab News. […]
The Middle East is not the same region the US defined it as several decades ago. This is the main idea of Sarah Elzeini article. She’s a founder and CEO of SMZ International Group, a boutique strategic advisory and activities firm. Her clientele includes law firms, nonprofits, the private sector and sovereign states. *** In […]
Despite all the challenges, 2021 has been a remarkable year for the UAE’s nuclear energy industry and the nation’s future as a whole. On the UAE’s fiftieth anniversary, the Emirates Nuclear Energy Corporation (ENEC) reflected upon the key initiatives that the country has embarked upon to safeguard the next fifty years, WAM reports. ENEC has […]
We are starting to lose today. The world is changing radically, and the countries worldwide have to refocus its energy and industrial policies on the development of renewable energy sources and the replacement of fossil fuels, says energy expert and eco-activist Oleh Savitsky in his article for the European Truth. With the entry into force […]
The COP26 climate conference tried to live up to the world’s expectations. However, the climate summit did not force the world to firmly move on a path that will save from the worst impacts of climate change. Nonetheless, COP26 gave up hope that countries would heed the call to return a year later with more […]
Everyone wants to save the planet from climate change, but no one wants to increase energy prices. The energy transition, which many countries have announced, is too slow. This is the most significant long-term infrastructure project in the history of humanity, so governments should plan it in moderation and detail, Financial Times reports. According to […]
The Central Bank of Bahrain (CBB) expressed keenness to raise awareness within the financial and banking institutions in Bahrain about climate-related risks and include them in the institutions’ annual training plans, BNA reports. CBB Governor Rasheed Mohammed Al Maraj said the moves would be within a drive to develop directives related to the environment and […]
What are the prospects for the commitments of countries after the CPC26? Let’s get to know. Due to the active interest of the participants in the COP26, there is a sense of risk this year – something must happen soon with business and our homes. But there is a second feeling – of opportunities. There […]
A deal has been signed to promote eco-tourism in the Kingdom, the Saudi Press Agency reported. It was signed between the Ministry of Tourism, the Imam Abdulaziz bin Mohammed Royal Reserve Development Authority, and the Saudi Tourism Authority. It aims to raise the readiness of tourism and environmental sites and initiate opportunities based on development […]
