Suheil al-Mazrouei (centre) addreses the 24th World Energy Congress in Abu Dhabi on Tuesday. Agence France-Presse
Opec and its allies agreed on Thursday to keep current production cuts until further review in December, with the Kingdom of Saudi Arabia pledging to further strengthen its voluntary production adjustment to 9.890 million bpd in October.
Saudi Arabia’s new Energy Minister, Prince Abdulaziz Bin Salman, said on Monday that oil production cuts would benefit all exporting nations. The minister signalled no major change in approach in Saudi Arabia.
Saudi Crown Prince Mohammed Bin Salman plans to visit South Korea this week as the two countries seek to bolster economic ties, officials in Seoul said on Monday.
Swedish solar energy company Azelio has partnered with Abu Dhabi Future Energy Company (Masdar) and Khalifa University of Science and Technology (KUST) to run a pilot project evaluating new technology in power storage.
"Instead of going to jewellery showrooms, they (customers) can come here directly and they can get the coins here," GoldSikka Vice President Pratap, who only gave his first name, said.
Saudi Arabia and China showcased deepening ties with a series of strategic deals on Thursday during a visit by President Xi Jinping, including one with tech giant Huawei.
The UAE was ranked first in the Arab region in the IMD World Talent Ranking (WTR 2022), and 21st globally, advancing two places. The country was ranked among the top ten in nearly 30 per cent