Saudi Arabia is rapidly emerging as a prime destination for Web3 startups seeking investment. According to a recent report by Adaverse, the kingdom has captured...
Egypt’s Updated Vision Creates Climate for Investment in Renewable Energy
Egypt’s Vision 2030 has been updated to foster a more attractive climate for investment in renewable energy. This strategic move aims to enhance the country’s...
Egypt’s Oldest Pyramid May Have Been Built Using Water-Powered Elevator
Recent studies suggest that Egypt’s oldest pyramid, the Step Pyramid of Djoser, may have been constructed using an innovative water-powered elevator system. This groundbreaking theory,...
OPEC Oil Output Rises in July on Saudi Rebound
OPEC’s oil output saw a notable increase in July, driven primarily by a rebound in Saudi Arabian supply. According to a recent survey, the Organization...
Egypt Signs Agreements to Boost Oil and Gas Production
Egypt has recently signed significant agreements with international companies to enhance its oil and gas production. The Ministry of Petroleum and Mineral Resources has finalized...
Greening the Desert: Is Sisi’s Grand Plan Using Up All of Egypt’s Water?
Egypt’s ambitious “Future of Egypt” project, spearheaded by President Abdel Fattah al-Sisi, aims to transform vast tracts of desert into fertile farmland. This grand plan...
KPC & Saudi Aramco Set to Float Durra Gas Field Tender
Kuwait Petroleum Corporation (KPC) and Saudi Aramco are preparing to float a tender for the development of the Durra offshore gas field. This joint venture...
Saudi Arabia’s Coastal Mangrove-Growing Program on Success Track
Saudi Arabia’s ambitious coastal mangrove-growing program is making significant progress, with the Kingdom on track to meet its target of planting 100 million mangrove trees...
Israel Longevity Industry Ecosystem Shows 14x Growth Since 2019
Israel’s longevity industry has experienced remarkable growth, expanding 14-fold since 2019, according to a new analysis and the launch of an open-access IT platform. This...
Saudi Arabia Celebrates Birth of Cheetah Cubs with New Conservation Strategy
Saudi Arabia’s National Center for Wildlife (NCW) has announced a significant milestone in its cheetah conservation efforts with the birth of four cheetah cubs. This...
Electric Cars Gain Traction in Fuel-Guzzling Saudi Arabia
In a country known for its vast oil reserves and fuel-guzzling vehicles, electric cars are beginning to capture the interest of Saudi Arabian consumers. The...
Saudi Arabia’s Sovereign Wealth Fund Bolsters Renewable Investments
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is making significant strides in renewable energy investments as part of the Kingdom’s Vision 2030...
Putin and Saudi Crown Prince Emphasize Continued OPEC+ Cooperation
In a recent phone call, Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman underscored the importance of maintaining close coordination within the...
Saudi-China Energy Cooperation Strengthened by Uzbek Wind Project Sale
In a significant development for international energy cooperation, Saudi Arabia and China have further solidified their partnership through the sale of a stake in an...
Egypt Announces Operation of Electrical Interconnection Network with Saudi Arabia Next Summer
Egypt has announced that its long-awaited electrical interconnection network with Saudi Arabia will commence operations next summer. This ambitious project, valued at $1.8 billion, aims...
Egypt’s 8 Policies to Diversify Energy Mix
In a bid to enhance energy security and sustainability, Egypt has unveiled eight strategic policies aimed at diversifying its energy mix. These policies are designed...