NEOM Green Hydrogen Company (NGHC) today announced the signing of facility agreements with local, regional and international banks along-with execution of a commitment letter with Saudi Industrial Development Fund (SIDF). The financing for the world’s largest green hydrogen production facility located in NEOM is structured with significant participation from SIDF and the National Infrastructure Fund […]

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Rolls-Royce and GulfstreamAerospace Corp. are leading the way towards sustainable business aviation by conducting the first original equipment manufacturer test flight of an ultralong-range business jet powered by 100% Sustainable Aviation Fuel (SAF). The test took place on the BR725-powered Gulfstream G650twin-jetover Gulfstream’s headquarters in Savannah, Georgia. Demonstrating that current Rolls-Royce engines for business jet […]

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Admiral Mobility, a leading company in providing accessible eMobility and energy management solutions, has announced the commitment to bring 5000 electric commercial vehicles to the Middle East. The commitment comprises of 3000 Electric Commercial Trucks, split between 6T and 8T, and a further 2000 Electric FarizonSuperVANs. The order is the result of a strategic partnership […]

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Middle East Energy, the region’s leading energy event, will turbo-charge the sector’s transition when the 48th edition of the exhibition and conference powerhouse opens at the Dubai World Trade Centre in March. For the first time, the event will host a strategic conference, the only high-level forum exclusively focused on unpacking today’s complex opportunities and […]

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Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced a partnership with Aramco (Tadawul:2222), one of the world’s leading integrated energy and chemicals companies,that positions AspenTech to introduce a unique, integrated modelling and optimization solution that will enable capital intensive industries to achieve practical and economic solutions for Carbon Capture and Utilization(CCU). […]

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