Abu Dhabi / Emirates Business Krypto Labs, a world-class ecosystem for groundbreaking start-ups, will officially inaugurate its custom-built all-in-one incubator, accelerator and co-working space in the heart of Masdar City, Abu Dhabi, helping bridge the gap between innovators and investors. The new 2,600 square-metre facility comprises state-of-the-art resources including an advanced computing and 3D printing lab, technical workshop, audio-visual studio, ...

Bloomberg Saudi companies are looking to solar electricity to hedge the risk of rising power prices if energy subsidies are cut, according to one of the Kingdom’s biggest plant developers. “Everybody is very convinced that electricity prices are going to be reformed over the next three years,’’ ACWA Power International Chief Executive Officer Paddy Padmanathan said in an interview in ...

Bloomberg Egypt is paring down its requests for liquefied natural gas. State-run Egyptian Natural Gas Holding Co. is seeking 12 LNG cargoes for delivery in the first quarter of 2018 in a tender, according to two people with direct knowledge. That compares with more than 100 cargoes it planned to purchase via tenders or government-to-government contracts for this year. Traders ...