Warface Hileleri

Global central banks maintain gold buying momentum in October: World Gold Council RIYADH: Central banks worldwide amassed 42 tons of gold into their official reserves in October, continuing their acquisition of the precious metal, the latest data showed.  According to the World Gold Council, central banks witnessed a 41 percent slowdown in gold buying in October compared to September. However, …

DUBAI: The International Atomic Energy Agency, the global overseer of the nuclear industry, says it is collaborating with Saudi Arabia to assist the Kingdom in developing its nuclear power production sector. Given its key role in the regional energy landscape, there is a pressing need for production to transition from fossil fuels to low-carbon or zero-carbon emitting sources. “We have …

RIYADH: Jordan’s clean energy mix is set to grow after Abu Dhabi Future Energy Co., also known as Masdar, signed an agreement with the country’s Ministry of Energy to develop a 1 gigawatt wind project.  The agreement will also see the development of a battery energy storage system and a memorandum to explore the feasibility of establishing a green hydrogen plant, …

DUBAI: The International Atomic Energy Agency, the global overseer of the nuclear industry, says it is collaborating with Saudi Arabia to assist the Kingdom in developing its nuclear power production sector. Given its key role in the regional energy landscape, there is a pressing need for production to transition from fossil fuels to low-carbon or zero-carbon emitting sources. “We have …

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Wednesday, gaining 30.19 points, or 0.27 percent, to close at 11,174.02. The total trading turnover of the benchmark index was SR5.78 billion ($1.54 billion) as 118 of the listed stocks advanced, while 95 retreated.  Similarly, the MSCI Tadawul Index rose 1.15 points, or 0.08 percent, to close at 1,435. The Kingdom’s …