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DEWA s full-year revenue up 7% on water, electricity demand

DEWA said the demand for power surged to 56.5 TWh in 2023 while water demand grew by 5.2 per cent to reach 144.1 billion imperial gallons.

Dubai electricity companyUnited arab emiratesSaeed mohammed alChristopher pike gettyDubai water departmentDubai clean energy strategyDubai net zero emissions strategySaeed mohammed al tayer

Saudi Arabia poised for new Aramco share sale -sources

The government has lined up Citigroup, Goldman Sachs and HSBC for Aramco sale, which could take place in the second or third quarter of 2024.

Saudi arabiaChristopher pike gettyPublic investment fundGoldman sachsCrown prince mohammed

UAE s Aldar Properties unveils Dhs5bn investment plan

The office and retail assets are part of the Aldar Investment portfolio, which houses the group’s Dhs25bn of income-generating real estate assets.

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ADNOC Gas signs 10-year LNG supply deal with GAIL India

ADNOC Gas maintained a strong sales momentum in 2023, signing LNG deals valued between $9.4bn (Dhs34.5bn) and $12bn (Dhs44bn).

Saudi arabiaAhmed mohamed alebriChristopher pike gettyJapan petroleum exploration companyIndian oil corporationPetrochina internationalTotalenergies gasMiddle eastNorth africa

Hub71-backed ABHI to move headquarters to Abu Dhabi

The fintech platform, Hub71-backed ABHI, is currently in discussions with multiple UAE banks about rolling out its solutions.

Abu dhabiAbuz abyUnited arab emiratesSouth koreaSouth koreanChristopher pike gettyBadr al olamaOmair ansariGlobal entrepreneurship networkAbu dhabi investment officeStartup genomeGlobal entrepreneurshipFalcon economy

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