Browsing: Energy

As the Gulf region continues its rapid development, while simultaneously addressing the imperative of sustainable growth, the relentless demand for cooling stands as the single largest energy consumer, accounting for an astonishing 60-70% of total building energy use. Recognizing this critical challenge and opportunity, LG Electronics (LG) is proud to position itself not merely as an […] The post POWERING A NET-ZERO FUTURE: HOW LG’S CHILLER AND VRF SOLUTIONS REDEFINE COOLING IN EXTREME CLIMATES appeared first on Web-Release.

 As the Gulf region approaches its hotter months, maintaining air conditioning systems becomes essential for both comfort and efficiency. Regular proactive AC maintenance not only ensures cooler spaces but also leads to notable energy savings. Industry data indicates that consumers can cut their annual energy use by approximately 30-40% by choosing well-maintained systems over neglected […] The post PREPARING FOR SUMMER: LG EXPLAINS THE BENEFITS OF PROACTIVE AC SERVICING FOR COMFORT AND EFFICIENCY appeared first on Web-Release.

Grandweld Shipyards, a leading fully integrated shipyard serving the maritime and offshore industries, demonstrated its unwavering commitment to sustainability in 2025, achieving a reduction of 920 tonnes of CO? emissions and saving 374 tonnes of standard coal. The company’s sustainability latest report also showed an environmental impact equivalent to planting 48,537 trees through the installation […] The post Grandweld records 920 tonnes of CO? emission reduction and 374 tonnes of standard coal savings, in 2025 appeared first on Web-Release.

Revelry Dubai, the city’s modern Indian tapas bar known for its upbeat atmosphere and social energy, is adding a new experience for guests this season. For the first time, Revelry will be streaming live cricket throughout the World Cup 2026. Designed as a lively social space, Revelry will offer guests a relaxed yet vibrant setting […] The post Revelry Dubai Introduces Live Cricket Screenings for the First Time – World Cup 2026 appeared first on Web-Release.

I Squared Capital (“I Squared”), a leading global infrastructure investment manager, announced today the launch of Radiant Energy Solutions (“Radiant”), an investment from I Squared’s Middle East infrastructure strategy, which is focused on targeting transformational, mid-market investments in the region. Reflecting I Squared’s platform-building approach of starting with a core initial investment and scaling over […] The post I Squared Announces Launch of Radiant Energy Solutions appeared first on Web-Release.

During Abu Dhabi Sustainability Week (ADSW), ADQ, an active sovereign investor focused on critical infrastructure and global supply chains, showcased the growing impact of its sustainability agenda. ADQ is among the region’s largest sovereign wealth funds, with a strategic focus on sectors critical to long-term economic resilience. ADQ has achieved tangible progress across a range […] The post ADQ advances sustainability across core sectors of the economy appeared first on Web-Release.

Equity performance across the Middle East and North Africa is increasingly being determined by structural and policy-specific factors rather than movements in energy markets. Recent trading activity confirms that the region has entered a phase of divergence, where market behavior reflects domestic reforms, capital flow mechanics, and macro positioning rather than a common external driver. […] The post MENA Equity Markets: Structural Drivers Replace the Oil Cycle By Mohanad Yakout, Senior Markets Analyst, Scope Markets appeared first on Web-Release.

Nextpower (Nasdaq: NXT, formerly Nextracker) and Abunayyan Holding today announced the completion of the incorporation of the previously announced joint venture, Nextpower Arabia, headquartered in Riyadh, Kingdom of Saudi Arabia. The new joint venture will accelerate the deployment of utility-scale solar power plants across the Middle East and North Africa (MENA) region, supporting national and […] The post Energy Leaders Abunayyan Holding and Nextpower Complete Formation of Joint Venture, Nextpower Arabia appeared first on Web-Release.

As the winter season rolls into the GCC and daily temperatures drop to a gentler range, the constant hum of air conditioners finally quiets. It is during this calm, cooler period that LG Electronics (LG) encourages residents to give their cooling systems some well deserved attention and prepare for the sizzling summer months ahead. With […] The post Winter Is the Ideal Time to Care for Your AC: LG Encourages GCC Residents to Prepare and Upgrade appeared first on Web-Release.

In a major signal of Libya’s return to the global energy stage, three state-backed powerhouses, TPAO (Turkey), MOL Plc. (Hungary), and ORLEN Group (Poland), have officially confirmed their participation in the Libya Energy & Economic Summit 2026. The summit, scheduled for January 24-26, 2026, arrives as Libya moves to aggressively reopen its upstream sector, lift […] The post Global Energy Giants Confirm Participation at Libya Energy & Economic Summit 2026 appeared first on Web-Release.