Category: Business

OPEC+ Approves 206,000 bpd Output Hike

Vienna: The eight member countries of the OPEC+ group, including Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman, have approved an adjustment in production levels, increasing output by 206,000 barrels per day (bpd). This adjustm…

Read More ...

GCC Sees Surge in Renewable Energy

Doha: Gulf states recorded a sharp rise in renewable energy output in 2024, driven by rapid expansion in solar and wind capacity, according to a GCC Statistical Center’s report. The report highlighted major shifts in climate and sustainability efforts…

Read More ...