Fed Cuts and China’s NPC in Focus as Investors Brace Pre-US Election Tension
Besides the US election, investors will also focus on the NPC of China standing committee meeting. ...
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UAE Doubles Renewable Energy Capacity in 3 Years, Targets 30% by 2030
To reach net-zero emissions by 2050, the UAE, the third-largest producer in Opec, has been making ...
Global Oil Demand Growth Is At its Slowest, Driven by China’s Decline
Oil prices fell below $70 per barrel in London on Wednesday for the first time since ...
UAE Completes Arab’s First Nuclear Plant: A New Milestone in Energy
The UAE is committed to diversifying its energy source and reducing its reliance on fossil fuels ...
Saudi Arabia Plans $1 Trillion Investment in Non-Oil Sectors, Intends to Cut Down Oil Spending
According to Goldman Sachs analysts, “The capex super-cycle will likely remain an important theme in Saudi ...
Venezuela’s Controversial Election and Its Global Impact on Oil Markets
Venezuela made efforts to boost their oil capacity and conduct the leadership of Opec with Saudi ...
Saudi Arabia Plans to Raise Nearly $12 bn in Aramco Share Sale
As part of its plan for economic change, Saudi Arabia has already lowered its goals for ...
Aramco Increases Dividend Payout by 30%, Despite Production Cuts
Being the world’s biggest crude oil exporter, Aramco is a major source of income for the ...
IMF Downgrades MENA Growth Forecasts Due to Gaza Conflict, Lower Oil Output
The fund projects that if the Israel-Gaza conflict slows down in Q1 2024, then the growth ...
Saudi Aramco Ordered to Lower Production Capacity Target
Saudi Aramco was asked by the Ministry to step back to the previous target of 12 ...
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