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GME reports strong growth in 2024

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 ...

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UAE exceptional hub for renewable energy projects in region: Officials

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 ...

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UAE aims to reach 14.2 GW of renewable energy capacity by 2030

ABU DHABI/WAM Ahmed Al Kaabi, Assistant Undersecretary for the Electricity, Water, and Future Energy Sector at the Ministry of Energy and Infrastructure (MoEI), stressed that the UAE continues to lead the global energy transition through its ambitious strategies and initiatives that contribute to shaping a better world. His remarks came during his participation in the High-level Panel on ‘Energy Transition ...

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