M Glory Group laid the foundation stone for the United Arab Emirate’s first industrial facility to manufacture electric vehicles (EV) at Dubai Industrial City, one of the largest industrial hubs in the region, and worth an investment of AED1.5 billion. The factory’s official opening on 28 March was presided over byHis Excellency Omar Suwaina Al […]

The Gulf Cooperation Council Interconnection Authority (GCCIA) in conjunction with the Electric Power Research Institute (EPRI), the world’s preeminent independent, non-profit energy research and development organization, have announced the holding of the ‘Energy Storage Forum,’ a three-day activity-filled event that aims to explore the potential role of grid scale energy in the ongoing efforts to […]

The geopolitical conflicts and energy supply crises impacting world economies have underscored the need for greater resilience in energy supply and the need for smarter carbon transition policy, Majid Jafar,the CEO of Crescent Petroleum,told industry and policy leaders gathered for the Atlantic Council Global Energy Forum in Dubai on Monday. Jafar, who leads the Middle […]

CarbonX, an Indonesian high impact Carbon asset developer, has signed a Memorandum of Understanding (MoU) with the world’s first fully digital carbon exchange, AirCarbon Exchange (ACX) to jointly develop a carbon marketplace in Indonesia. Director of CarbonX, Dessi Yuliana stated that the partnership will provide Indonesian carbon project developers with a domestic carbon market linked to ACX’s international […]

New research report by enterprise data cloud company Cloudera reveals more than one-quarter of business decision-makers in the United Arab Emirates (UAE) are now increasingly investing in environmental, social, and corporate governance (ESG) ahead of developing new products/services (24%) or growing shareholder value (15%). Most knowledge workers also believe as much as 49% of the […]