Saudi Aramco has listed shares on the Saudi Stock Exchange (Tadawul) in the world’s biggest-ever initial public offering (IPO). Shares began trading on December 11, and Saudi Aramco’s stock rose by 10%, the Tadawul’s daily limit.
Energy
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Economic update | La Côte d’Ivoire renforce sa production énergétique en exploitant des blocs pétroliers offshore
6 Dec 2019
Le lancement d’une nouvelle série d’octroi de licences pétrolières offshore en Côte d’Ivoire constitue une étape supplémentaire du développement du secteur de l’énergie dans le pays.
Interviews & Viewpoints | Ahmad bin Shafar, CEO, Empower Dubai: Interview from The Report: Dubai 2020
Which markets present the highest growth potential worldwide for the district cooling industry in the near to mid-term?
Articles & Analysis | Dubai positions itself as a leader in solar energy from The Report: Dubai 2020
With the Dubai government allocating $163bn to diversify its energy sector until 2050, including a $27bn fund for renewables, the emirate is rapidly emerging as a global centre for research and innovation for solar and other green power projects.
Articles & Analysis | Dubai looks to boost local energy production to serve growing population from The Report: Dubai 2020
While upstream oil and gas revenue provided much of the financing for Dubai’s early development, the emirate’s road to modernisation has been built around economic diversification. In recent years the government has focused on the expansion of midstream and downstream industries, alongside fundamental changes to power generation. Having...