ACWA Power Co has announced its entry into China after securing more than 1 gigawatt (GW) of renewable energy projects, according to a stock exchange disclosure.
The global GDP is projected to surge 2.8% in 2026, led by stronger momentum in the US and resilient exports from China, while the euro zone benefits from targeted fiscal support despite longer-term challenges, said Goldman Sachs Research in its new report.
Ritchie Bros. closes 2025 on a strong note marked by record-breaking auctions and key anniversaries. Across EMEA and APAC, the company this year conducted 79 auctions, selling more than 101,800 lots from over 6,000 sellers and engaging 21,300+ buyers and 81,300+ bidders.
The total value of Bahrain's non-oil exports (national origin) increased to BD317 million ($836 million) over the last year's figures of BD316 million ($833 million), said a report. The top 10 countries accounted for 73% of the total exports (National Origin) value.
China National Offshore Oil Corporation announced Sunday that the secondary development project of the Liuhua Oilfield, the country's first deepwater oilfield, has fully commenced operation.
Chinese group TBEA has won the bid from Saudi Electricity Company (SEC) for the construction of a new 380/132kV substation in the kingdom's Namria region as well as expansion of two existing substations in the surrounding areas.
China's newly installed renewable energy power generation capacity surged 47.7 per cent year-on-year to 310 million kilowatts in the first three quarters of this year, the National Energy Administration (NEA) said.
Adnoc and its subsidiaries participated in the 8th China International Import Expo, showcasing energy products and signing agreements with CNOOC and others to strengthen partnerships and explore trading. Borouge also secured agreements for renewable energy materials and recycling infrastructure development.
Al Ghurair Mobility has signed an exclusive distribution agreement with Chery Group to introduce LEPAS, a new automotive brand, to the United Arab Emirates.
China’s affluent outbound audiences across tourism, investment and luxury sectors offer a $1 trillion opportunity for the Gulf Cooperation Council (GCC) to tap into the market, says a new report.