ABU DHABI/WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, highlighted the UAE’s leading position in clean and renewable energy, emphasising its crucial role in stabilising global energy markets and driving sustainable development through significant domestic energy investments. He noted that the UAE’s energy strategy prioritises a balanced approach, integrating traditional and clean energy sources, a cornerstone of ...

DUBAI/WAM Gulf Mercantile Exchange (GME), the premier international commodity exchange in the Middle East, has announced its continued growth for 2024, demonstrating robust growth across key metrics and reinforcing its position as a leading platform for commodity trading in the region. Total trading volume increased by 12% year-on-year, from 1,176,055 contracts in 2023 to 1,318,466 contracts in 2024. Front-month contract ...

ABU DHABI/WAM International officials participating in the 15th session of the IRENA Assembly have emphasised the UAE’s exceptional leadership in energy transition projects and initiatives that contribute to achieving the global target of tripling renewable energy capacity by 2030. In statements to the Emirates News Agency (WAM) on the sidelines of the meetings, which began yesterday in Abu Dhabi as ...