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Tag Archives: Abu Dhabi

Theme parks rise in Dubai amid shifting sands of tourism

Dubai at night as seen from the tallest building in the world. (Image: Crazy Diamond via Flickr)

DUBAI, United Arab Emirates (AP) — Sweating and hopeful, the performers lined up once more and received instructions mirroring the aspirations of the soon-to-open massive amusement parks they hoped to join: dance three-eighths Bollywood with a stiff shot of hip hop and a touch of whimsy. And one more thing: “Does anyone tumble?” This cross-cultural collage will be Dubai Parks ...

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Oil majors press Iran for sweeter oil terms post-sanctions

ABU DHABI – Iran will have to offer lucrative contracts terms to draw back international oil companies at a time when the oil industry is more focused on profitability as it gears up for a longer period of low oil prices, executives said on Tuesday. Iran said in September it had approved a draft of international oil and gas contracts ...

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Oil majors see low prices persisting for months ahead

ABU DHABI – The global oil glut is likely to take longer than expected to clear and may depress oil prices for many more months if not years despite steep investment cuts and project cancellations around the world, executives from oil majors said on Tuesday. The views from the top ranks of Exxon Mobil, BP and Total were given at ...

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Arab energy investments to hit $685 billion over next 5 years

JEDDAH — Energy capital investments in the Arab world will total $685 billion over the next five years, according to a new report by the Arab Petroleum Investments Corporation (Apicorp), which was presented to officials and delegates at the 10th Arab Energy Conference in Abu Dhabi. Set against the backdrop of continuing regional turmoil, uncertainty in many global and regional ...

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Jordan’s future lies in renewable energy — int’l agency

green energy

ABU DHABI — Renewable energy is the most viable approach for the future of Jordan and regional countries, according to International Renewable Energy Agency (IRENA) Director General Adnan Amin. “Jordan is a very interesting market because it has a very developed institutional structure in terms of government agencies dealing with energy issues,” Amin said in a recent interview with The ...

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Water, energy ‘not cheap anymore’

water

ABU DHABI — Neither our water nor our energy can be considered cheap anymore and the significant increase in the price of natural gas in the GCC has made water costlier too, delegates at the closing conference session of the World Future Energy Summit (WFES) and International Water Summit (IWS) in Abu Dhabi heard on Wednesday. Opening final day’s last ...

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UAE, Denmark to cooperate on renewable energy

green energy

ABU DHABI — The United Arab Emirates (UAE) wants to boost its clean energy technologies and investment through cooperation with global leaders in the industry, such as Denmark On Monday, the two countries signed an agreement to cooperate in nine areas to advance renewable energy and sustainability globally. The agreement was signed by Sultan Al Jaber, UAE minister of state ...

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UAE, New Zealand agree to boost cooperation

sunflower

The UAE and New Zealand have agreed to accelerate the cooperation in the field of renewable energy particularly in Pacific Island countries. The Ministry of Foreign Affairs and Abu Dhabi Future Energy Company, or Masdar, have signed a partnership arrangement with New Zealand Ministry of Foreign Affairs and Trade in this regard, during Abu Dhabi Sustainability Week. Potential project financing ...

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