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Oman initiates competitive process for 5 new Wind IPPs
MUSCAT: In alignment with Oman Vision 2040 and Oman’s commitment to achieve Net Zero by 2050, Nama Power and Water Procurement (PWP), the exclusive procurer of power is set to announce the initiation of the...
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Oman affirms support for UN Convention on Climate Change
Oman said it is making tireless efforts to meet the challenges of climate change as it affirmed its commitment to the United Nations Framework Convention on Climate Change and the 2015 Paris Agreement. In a...
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DME posts strong growth in trading volumes in 2023
MUSCAT: Dubai Mercantile Exchange (DME), the premier international energy futures exchange in the Middle East, recorded an impressive increase in total volume and physical delivery in 2023 compared to last year, cementing its position as...
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Saudi Tadawul acquires strategic stake in DME which is rebranded as Gulf Mercantile Exchange
DUBAI: Saudi Tadawul Group Holding Company (STG), a leading diversified capital markets group in the MENA region, has entered into a binding agreement with existing shareholders of DME Holdings Limited to acquire a 32.6% stake...
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