Iranian-Russian trade may reach $10 billion in 3 years
The volume of bilateral trade between Iran and Russia may reach $10 billion in three years, Iranian Ambassador to Russia...
Energy
Bahrain, Saudi Arabia to sign projects worth $533m
Bahrain and Saudi Arabia will sign nine agreements on funding projects worth SR2 billion ($533 million) in the housing, roads,...
Dubai doubles EV charging stations to 200
Dubai Electricity and Water Authority (Dewa) will double its electric vehicles (EV) charging stations to 200 across Dubai to complete...
Tourism in Bahrain could eclipse $1 billion by 2020
Tourism is booming in the small gulf kingdom of Bahrain, with officials projecting that tourism in the country could be...
Middle East invested $8.7 billion in clean energies
Investment in renewable sources dominated the power generation industry in the Middle East and Africa in 2016, consulting firm EY...
Hyundai Engineering in $3.2 Billion Iran Deal
South Korea's Hyundai Engineering Co. (HEC) signed an agreement on Sunday for financing and constructing the second phase of Kangan...
Tehran and Prague agree on building 20MW waste-to-energy plant in Iran
A 20 MW waste to energy plant is to be constructed in Tehran, Iran following the signing of a deal...
Abu Dhabi awards the largest mega solar power project in the Middle East
Abu Dhabi has awarded a consortium of Japan's Marubeni Corporation and China's JinkoSolar Holding Co the contract to develop a...
Oil to average $50 to $70 through 2022: Bank of America Merrill Lynch report
Brent crude oil prices will average $50 to $70 per barrel (/bbl) through 2022, according to an annual medium-term supply/demand...
$84 billion utilities projects under way in UAE
There are currently 401 active projects in the UAE’s utility sector, with an estimated value of $84 billion, said a...
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