Fujairah will emerge as an important oil and trading hub in the coming years with the number of facilities coming up in the port, industry experts at the Tank Storage Middle East conference said.
The UAE and Egypt are expected to account for the highest demand for renewable energy in the region this year, according to Luc Grare, senior vice president of sales and marketing at REC Group, a global provider of s ...
The UAE has allocated $700 million (Dh2.5 billion) since 2009 in support of the renewable energy sector in developing countries, a top official said on Saturday.
Shares in Abu Dhabi rose to the highest level in three weeks, leading gains in Gulf Arab markets, after crude oil surged the most in more than two years.
Egypt has received six shipments of fuel from the UAE as part of the Gulf state's promised aid following the ouster of Islamist president Mohamed Morsi.
The United Arab Emirates is planning to get up to 25% of its power from nuclear energy by 2021 as it looks to reduce its domestic reliance on fossil fuels and ensure it has enough oil to export as its economy expands ...