Environment & Energy | Sunday 8 March, 2015 1:39 pm

Dampened Middle East oil and gas transaction activity in 2014

While the Middle East has substantial oil and gas reserves and production, in the context of the global transactions market both current and historic levels of activity are relatively low, according to EY’s Global Oil and Gas Transactions Review 2014. In the Middle East, transaction activity in...

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Environment & Energy | Thursday 5 March, 2015 7:55 am

Yusuf bin Ahmed Kanoo inaugurates Solar Power Plant for sustainable energy

The Energy Division of Yusuf bin Ahmed Kanoo Company Ltd inaugurated a 60kW Solar Power Plant to provide a green energy to its facility, in the presence of South Korea’s Consul to Saudi Arabia Nakyoung Oh and Sheikh Khalid Bin Mohammed Kanoo, Group Deputy Chairman and Ahmed Fawzi, Kanoo Area...

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Environment & Energy | Thursday 5 March, 2015 7:42 am

Falling oil prices have global implications: Aon Political Risk Map 2015

Aon Risk Solutions, the global risk management business of Aon plc (NYSE: AON), today unveiled its 2015 Political Risk Map which portrays political risk in emerging markets. Topping the list of political risks facing emerging market investors is the increasing instability in already-fragile oil...

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Environment & Energy | Wednesday 4 March, 2015 12:57 pm

6000 students take part in environmental contest, 62 emerge winners

SABIC honored 62 winning students at the SABIC environment painting and photography contest, under the theme “Three Rs”, held in parallel with the Waste-Free Campaign organized by the company in collaboration with the Gulf Petrochemicals and Chemicals Association (GPCA) in Jubail, Riyadh, and...

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Environment & Energy | Tuesday 3 March, 2015 12:07 am

GE Lighting announces new lines of businesses to support region’s focus on driving energy efficiency

GE Lighting (NYSE: GE) has announced its new organizational structure for the Middle East, Africa and Turkey (MEAT) region with a focus on enhanced customer service delivery and promoting sustainable lighting solutions. The new organizational structure shifts from managing geographies to focus on...

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Environment & Energy | Sunday 1 March, 2015 12:21 pm

National Water Company sets Guinness world record with Jeddah water storage project

The NWC’s strategic drinking water storage facility in Jeddah is the biggest in the world – with a capacity of 2.064 million cubic meters. The achievement will be recorded in the Guinness Book of World Records, replacing the previous entry of 1.8 million cubic meters.The first phase of project ...

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Environment & Energy | Friday 27 February, 2015 2:55 am

Bahrain banking on infrastructure, private sector to ride out cheap oil

Bahrain’s economy is holding up in the face of low oil prices as policymakers bank on infrastructure spending and the private sector to offset shrinking energy sector revenues, officials and businessmen said this week.Bahrain is among the financially weakest of the Gulf oil exporters, lacking the ...

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Environment & Energy | Monday 23 February, 2015 6:06 am

Camels on Eastern Province roads pose danger to motorists

Camels have become a major concern for highway drivers in the Eastern Province due to the growing number of injuries and deaths from camel-related traffic accidents annually.Residents in the area are calling for urgent and immediate intervention from the Ministry of Transport to find solutions to...

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Environment & Energy | Monday 23 February, 2015 12:12 am

“InoChem” ANNOUNCES APPROVAL OF LARGEST SODA ASH AND CALCIUM CHLORIDE FACTORY

IDEA Soda Ash and Calcium Chloride Company (ISACC) has received approval from the Royal Commission in Yanbu to allocate one million square meters of land for the project the company is developing to build an industrial complex at Yanbu Industrial City. The industrial complex will include a factory...

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Environment & Energy | Sunday 22 February, 2015 10:05 am

Portucel Soporcel Group boosts growth in the Middle East with Premium products

The Portucel Soporcel group, Europe's leading manufacturer of UWF (uncoated woodfree) printing and writing paper, and Portugal's second largest exporter, selling to 127 countries, is set to take part for the third year running in Paperworld Middle East, in Dubai, from 2nd to 4th March, the largest...

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