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18 December 2025

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QIB to study funding plan for $5bn refinery

Qatar Islamic Bank (QIB) has agreed to study a plan to raise funds for a $5 billion (Dh18.35bn) refinery and

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Taiwan seeks more LNG from Qatar

  Taiwan's sole gas importer CPC Corp is keen to buy more liquefied natural gas (LNG) from top exporter Qatar beyond

Gasco, L&T sign Dh695m contract

Abu Dhabi Gas Industries Ltd (Gasco) on Tuesday signed a lump sum turnkey (LSTK) agreement with Larsen & Toubro Limited

Nvidia chips away at Intel, AMD turf in supercomputers

Nvidia Corp (NVDA.O) on Monday said it has worked with the U.K.'s University of Bristol to build a new supercomputer

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India to ease state controls on diesel prices

India will ease state controls on diesel prices, Prime Minister Manmohan Singh said on Tuesday, days after the

Empower signs new agreement with Mitsubishi Heavy Industries Thermal Systems to supply advanced chillers with a total capacity up to 100,000 RT

Emirates Central Cooling Systems Corporation PJSC (Empower), the world's largest district cooling services provider,

Abu Dhabi to splash $1B on films, digital media

Abu Dhabi Media Co, a state-owned firm, said on Wednesday it will invest more than US$1 billion in feature film and

Ambanis clash over gas prices

India's billionaire Ambani brothers are at loggerheads again – this time over a rich gas field – and the row has taken

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Dubai strengthens ties with China

China is an exciting development experience of many countries of the world. It has been able to boil down decades to

Dubai to slash carbon emissions by 5 million tonnes

The Dubai Green Economy Partnership today held their second seminar to discuss the role of strategic partnerships in

Moody's changes Dewa outlook to positive

Moody's Investors Service on Wednesday changed the outlook to positive from stable for Dubai Electricity and Water

Developers pass on cooling costs to owners

Developers are charging property owners hidden charges to offset District Cooling cost, real estate experts say. Gulf