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Energy & Sustainability

Oil and gas, renewables, storage and environmental industries

Industry News
Source: Utilities Middle East

UAE Explores Nuclear Expansion Tender and Small Modular Reactors for Industrial Power

The UAE is evaluating a commercial tender that could double its nuclear reactor fleet while exploring small modular reactors for data centres, ports, and hydrogen production, according to an analysis by law firm Stephenson Harwood reported by Utilities Middle East. The expansion builds upon the fully operational 5.6 GW Barakah Nuclear Energy Plant to support projected power market growth from 54.15 GW to 68.08 GW. Advanced reactor initiatives include partnerships on GE Vernova Hitachi's BWRX-300 SMR and NANO Nuclear Energy's KRONOS micro-modular reactor.

China–UAE News
Source: UAE-China Chamber of Commerce

Chinese Direct Investment in UAE Hits $2.6 Billion as Financial Footprint Expands

China's outbound direct investment to the UAE reached $2.6 billion, more than tripling the previous year's total as overall Middle East flows doubled. In parallel, Beijing-based China Securities secured regulatory approvals to open a regional office in the Dubai International Financial Centre. Chinese banking institutions now account for over 30 percent of total assets in DIFC's Banking and Capital Markets sector.

Industry News
Source: Chosunbiz

Reports Detail Iranian Training and Chinese Commercial Parts in Houthi Arsenal

Yemen's Houthi rebels have expanded territorial control along the Red Sea coast using weapons assembled with Iranian training and imported commercial parts from China, according to media reports cited by Chosunbiz. The military expansion has impacted critical maritime transit routes, contributing to volatility in global oil prices. Intercepted cargo shipments inspected in July reportedly contained commercial dual-use components adaptable for missile and drone manufacturing.

Policy & Legal Updates
Source: thenationalnews.com

UAE Petrol Prices to Rise by Up to 16% in October 2026

UAE fuel prices will increase for the third consecutive month in October 2026 amid elevated global oil benchmark prices. Super 98 will rise to Dh4.40 per litre and Special 95 will increase to Dh4.28 per litre. Diesel will also rise by 11.6 per cent to Dh4.80 per litre.

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