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Sunday, May 19, 2024

Major Infrastructure Projects

Gas Monetisation a Strategic Focus as Libya Increases Exports to Europe

Libya has allocated USD 1.23 billion to develop the Hamada NC-7 concession in its latest budget, which was approved by Libya’s eastern-based parliament last month, according to a recent MEED report.

How PPP is Increasing Efficiencies Across Saudi’s Gigaprojects

UK legal firm Ashurst Senior Associates Jason Gouveia and Joanne McGuire discuss why concerns about whom ultimately bears the payment risk in a PPP arrangement becomes highly relevant in gigaprojects.

Cross-Border Co-ordination a Must to Meet Future Clean Energy Demand

According to Taqa CEO Omar Al Hashmi, the global demand for renewable energy is increasing. However, the windiest and sunniest parts of the world are not where the need for energy is highest. This is where transmission plays a big role, linking energy generation to energy use as a product of global interconnection, and diversifying production from renewable sources to create a steadier supply of clean power. 

Tender Now Open for 400MW Wind Project in Morocco

Morocco has opened a pre-qualification round in a tender for the construction and operation of a 400-MW wind farm complex in the northern part of the North African Kingdom today.

TotalEnergies Deploys a Multi-Energy Strategy from Oman to Malaysia

TotalEnergies CEO Patrick Pouyanné met with His Majesty Sultan Haitham bin Tariq Al Said and Minister of Energy HE Eng. Salim bin Nasser Al Aufi to reaffirm the long-term partnership between TotalEnergies and the Sultanate of Oman as well as launch the Marsa LNG Project during a meeting in Muscat this week.

Record-Breaking FDI for Major Infrastructure Development in Egypt

The agreement between Egypt and consortium ADQ is the largest FDI in Egypt's history, with USD 35 billion allocated for infrastructure development in Cairo.

Hungary Looks to Partner with UAE for Investment in Priority Sectors

Hungary signs an economic cooperation agreement with the UAE aimed at stimulating trade and investment flows between the two countries in Budapest this month.

USD 31.4 Billion in Non-Oil Trade Between UAE and USA in 2023

US-UAE Business Council Chairman Danny Seabright says the volume of non-oil trade between the UAE and the United States of America rose to USD 31.4 billion in 2023 and is expected to continue to grow at the same pace in 2024.

Latest news

HAQQ Network Confirms the Launch of its RWA, the Gold Token by Q2 2024

A key part of HAQQ Network’s expansion project is the launch of its Gold token in June, marking a significant step in the network’s larger goal of tokenizing Real-World Assets. HAQQ Network Co-Founder and CEO Alex Malkov shares their exciting and bumpy ride from inception to date.
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Russia Launches Roskachestvo Halal Certification

Certification body Roskachestvo Halal recently launched a Muslim-friendly certification standard for hoteliers and tourism service operators to cater to a growing market segment of Muslim tourists across major Russian cities.

Dubai Police Parades its First Tent Pegging Team

The Dubai Mounted Police has established the UAE's first "Tent Pegging" police team, an officially recognised equestrian sport that showcases riders' high-level skills and abilities in horse handling.

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Ant International Kicks Off Global Fans Campaign for UEFA EURO 2024

Singapore based Ant International, the Official Partner of UEFA Euro 2024 kicks off a global pre-comp events and prizes campaigns to drive fan engagement.

UAE Economy Driven Largely by Non-Oil Growth

MEED Analyst John Bambridge says that the UAE has demonstrated remarkable economic resilience in recent years, with its non-oil sector bouncing back from Covid-19 and emerging as the real driving force behind the country’s growth. 
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Gas Monetisation a Strategic Focus as Libya Increases Exports to Europe

Libya has allocated USD 1.23 billion to develop the Hamada NC-7 concession in its latest budget, which was approved by Libya’s eastern-based parliament last month, according to a recent MEED report.

Uzbekistan Receives Delegation of The World Council of Muslim Communities

In a whirl-wind tour of diplomacy, the two parties discussed means to further enhance cooperation between the Republic of Uzbekistan and the World Council of Muslim Communities.

The Middle East is a Thing of Beauty

Australian Strategic Policy Institute Fellow and CQ University Lecturer Saba Sinai says that in all the analysis and portrayals of conflict and strife in Western Media, we should not forget that the Middle East is a region with a rich history and a vibrant cultural and intellectual life. Sinai urges the Western media to take responsibility and present the region in its totality.