A consortium of Orascom Construction and Abu Dhabi-based International Petroleum Investment Company (IPIC) has been awarded a contract to build a coal-fired power plant in Egypt. A development agreement was signed by ...
Nearly 80% of the GCC (Gulf Cooperation Council) region’s major petrochemical and chemical producers have made innovation strategy a key business priority, indicating that the advancement, improvement and modernisatio...
Cuts in public spending, the widespread introduction of taxation and rising levels of unemployment are set to hit Bahrain over the coming decade, said a report citing the UK-based international think tank Chatham Hous...
GCC economies should continue diversifying from hydrocarbons in the backdrop of volatile crude oil prices, and the City of London can offer all sort of instruments to finance infrastructure projects in case of any sho...
Realizing the renewable energy targets of the Gulf Cooperation Council region (GCC) will result in a 22% reduction in water consumption for power generation and associated fuel extraction, according to a new report by...