The initiative, which began in 2014, aligns with Dubai’s ambitious goals to reduce carbon emissions and promote green mobility as part of the UAE’s vision for a sustainable future

The project, which has secured substantial financial backing, includes $200 million from the European Bank for Reconstruction and Development (EBRD) and $170 million from the African Development Bank (AfDB)

The project, set to be completed by 2029, will significantly contribute to Qatar's infrastructure, meeting 16% of the country's electricity demand and 17% of its desalinated water needs

The surge in oil prices follows an announcement on Sunday by Syrian rebels, who claimed on state television that they had successfully overthrown President Assad, ending more than five decades of rule by his family

The sharp decline in prices was driven by the relief that Israeli airstrikes, launched in response to Iranian missile attacks earlier this month, targeted military installations instead of energy assets such as oil fields or nuclear facilities

Sources close to government circles have revealed that Gulf nations are adamantly refusing to allow Israeli aircraft to traverse their airspace for any strikes against Iran, seeking to mitigate their risk of becoming embroiled in a wider conflict

The event, held at the Crowne Plaza, was officially launched by Mohamed Alkooheji, the second vice chairman of the Bahrain Chamber, marking a pivotal moment in the country’s commitment to clean energy, in line with its Vision 2030 framework

The plan was disclosed by Turkish Energy and Natural Resources Minister Alparslan Bayraktar during an interview with "Millet" media in Filyos, where the infrastructure from Turkey’s Black Sea Sakarya gas field is being developed

Egypt has been struggling with power shortages, leading to frequent load-shedding to manage the electricity grid. In a bid to mitigate these issues, Egypt has had to import around $1.18 billion worth of natural gas and mazut fuel oil

Lebanon faced a new wave of crises as the last operational power plant, the Zahrani facility, ceased operations on Saturday, according to a report from Sawt Beirut International on X, citing Lebanon's state electricity corporation, Électricité du Liban

The EV market in Saudi Arabia has indeed been growing, albeit from a low base. According to Al-Iqtisadiyah, the number of electric cars sold in the Kingdom tripled last year to nearly 800 units

Egypt is increasingly anxious as Ethiopia nears the final filling of the Grand Ethiopian Renaissance Dam (GERD) by July's end. The 94% complete project could worsen Egypt's water shortages, intensifying the diplomatic standoff between the two countries