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Industry News

Explore the industries creating new opportunities for cooperation across both markets.

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Industry News
Source: Gulf Business

G7 Agrees on 100-Million-Barrel Oil Release to Stabilise Energy Markets

Group of Seven leaders have agreed to release 100 million barrels of crude oil and fuel reserves over four months to address surging energy prices and market volatility. The coordinated plan, executed through the International Energy Agency, frontloads a substantial volume of diesel during the first 20 days. The group also committed to synchronising refinery maintenance schedules and urged the full restoration of navigation in the Strait of Hormuz.

Industry News
Source: oilandgasmiddleeast.com

UAE Energy Project Pipeline Hits $210 Billion Across 136 Developments, EIC Reports

The UAE has 136 energy projects under development with an estimated capital expenditure of $210 billion, according to data presented by the Energy Industries Council (EIC). Oil and gas projects account for the majority of the pipeline, led by upstream developments representing nearly 40% of planned capex. The council noted that not all tracked projects have yet reached a final investment decision.

Industry News
Source: gulfnews.com

Dubai to Host Inaugural Global EV World 2026 Exhibition in November

Dubai will host the inaugural Dubai International Electric Vehicle Exhibition and Conference (EV World 2026) from November 10 to 12 at the Dubai World Trade Centre. Organised by Dubai's Roads and Transport Authority, the event will gather over 300 companies and organisations and more than 10,000 visitors. The exhibition will feature advancements across electric and hydrogen vehicles, battery systems, charging networks, and autonomous mobility.

Industry News
Source: UrduPoint

UAE Human Rights Body Urges Rights Integration Across Climate Tech Lifecycle

The UAE National Human Rights Institution (NHRI) has recommended incorporating human rights and environmental assessments across all stages of climate technology development. Submitted to the UN Special Rapporteur on Climate Change, the report emphasizes worker protections, community participation, and data privacy. It also stresses that low-carbon technology decisions must be grounded in science and support a just economic transition.

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