Saudi's NWC says $693m saved by plugging water leaks

Saudi's NWC says $693m saved by plugging water leaks

National Water Company outlines network repairs in Riyadh, Jeddah, Makkah and Ta'if

Swiss power firm wins $55m solar power deal in Dubai

Swiss power firm wins $55m solar power deal in Dubai

State utility awards company contract to build substation to integrate power from the Mohammed bin Rashid Al Maktoum solar park

Don't panic over oil price collapse, says OPEC chief

Don't panic over oil price collapse, says OPEC chief

Steep drop in oil prices has raised the question of whether OPEC will cut its output to support the market

Kuwait emir says oil price fall shows need to diversify economy

Kuwait emir says oil price fall shows need to diversify economy

Sheikh Sabah al-Ahmed al-Sabah urges the government to issue legislation to protect country's national wealth

Goldman Sachs slashes 2015 oil price forecast

Goldman Sachs slashes 2015 oil price forecast

US investment bank says rising output will outstrip demand; forecast comes after recent 25% slump in oil price

Kuwait says technical, not political, reasons behind oilfield closure

Kuwait says technical, not political, reasons behind oilfield closure

Senior official makes statement on closure of Khafji oilfield which is run jointly by Kuwait and Saudi Arabia

Saudi's power utility posts 6.5% drop in Q3 net profit

Saudi's power utility posts 6.5% drop in Q3 net profit

Saudi Electricity Co says it made $711m in the three months to September 30

Saudi SABIC's CEO says oil price decline is temporary

Saudi SABIC's CEO says oil price decline is temporary

Mohamed Al Mady says population growth will ultimately lead to higher consumption and prices

Power and profits

Power and profits

The most influential members of the Gulf’s largest expatriate community

UAE's Masdar plans $125m wind farm in Oman

UAE's Masdar plans $125m wind farm in Oman

Abu Dhabi’s renewable energy company inks deal to build first large-scale wind farm in the Gulf region


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