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UAE reaffirms commitment to energy cooperation at BRICS summit
MENA Newswire News Desk: The United Arab Emirates, represented by the Ministry of Energy and Infrastructure,…
IFC’s $56 billion financing boosts climate projects in 2024
IFC secured $56B in financing in 2024, allocating 40% to climate-related projects, marking a record-breaking year…
Kuwait oil price soars $4.5, reaches $75.40 per barrel
Kuwait’s crude oil price surged by $4.5 on Wednesday, reaching $75.40 per barrel, driven by concerns over Middle…
ADX sees AED2.66 billion in large transactions for Modon and ADNOC
MENA Newswire News Desk: The Abu Dhabi Securities Exchange (ADX) executed 15 large direct transactions today,…
New WEF platform aims to unlock capital for clean energy in emerging markets
The World Economic Forum launched a platform to boost clean energy investment with 100 solutions from 47 countries,…
IEA report highlights growth in low-emissions hydrogen, but policies lag
A new IEA report highlights growing investment in low-emissions hydrogen projects but stresses the need for…
Masdar finalizes acquisition of 50 percent stake in Terra-Gen
MENA Newswire News Desk: Abu Dhabi Future Energy Company, also known as Masdar, has officially closed its…
EU’s coffee imports reach 2.7 million tonnes valued at €10.6 billion
The EU imported 2.7 million tonnes of coffee from non-EU countries in 2023, valued at €10.6 billion, with Brazil…
Fed Chair Powell signals smaller rate cuts to keep economy in solid shape
Federal Reserve Chair Jerome Powell emphasized a cautious approach to future rate cuts, noting that the Fed will…
Global rice prices drop as India resumes non-basmati white rice exports
MENA Newswire News Desk: Global rice prices declined on Monday following India’s decision to resume non-basmati…