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Big oil’s influx of cash opens door to clean-energy deals

Europe's largest green hydrogen plant

Bloomberg Europe’s oil and gas giants, flush with cash from soaring prices, are considering whether to turbo-charge their transition to clean energy with multibillion-dollar acquisitions of major renewable energy producers. Shell Plc, TotalEnergies SE and Equinor ASA are among the companies that have evaluated the suitability of European utilities for takeovers. Potential targets include some of the region’s largest wind ...

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Ras Al Khaimah non-oil foreign trade rises 14%

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  RAS AL KHAIMAH / WAM The emirate of Ras Al Khaimah has seen a 14% increase in non-oil foreign trade in 2021, surging from AED 14.78 billion in 2020 to AED 16.83 billion in 2021, according to RAK Centre for Statistics and Studies. Exports accounted for the largest portion of the emirate’s total non-oil foreign trade, reaching 57%, at ...

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Young Emiratis urged to boost digital skills for jobs of future

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  Dubai / WAM Zayed University and the Al Ghurair Foundation for Education announced that over 2,500 Emirati students have been enrolled in online programmes to equip them better for the workplace, as the two entities mark World Youth Skills Day, celebrated on July 15. The two entities celebrated the achievement, after marking the second anniversary of their successful partnership, ...

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