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  • Nuclear Power Production by Country

    Nearly 450 reactors around the world supply various nations with nuclear power, combining for about 10% of the world’s electricity, or about 4% of the global energy mix.

  • Saudi Arabia gears to exploit uranium deposits to power nuclear program

    Saudi Arabia has stated that it will publish its energy strategy soon. However, its energy minister has already stressed that uranium mining and the development of a nuclear energy program will anchor the Kingdom’s clean energy initiative.

  • Iran seeks to grow naval power as it prioritizes asymmetric warfare

    In 2021 alone, Iran’s naval forces and Revolutionary Guard added the Alvand destroyer, four Martoob al-Sabehat 15 Type submarines and 110 combat speedboats. And a top official says there’s more to come. Iran has ambitious plans to build a 6,000-ton destroyer and giant submarines, Rear Adm. Amir Rastegari, who heads the Iranian Defence Ministry’s Marine Industries Organization, told the local Mehr News Agency in April.

  • Saudi ACWA Power shares stride higher after blockbuster debut

    On debut the stock recorded a 30-percent hike after striking Saudi Arabia’s first initial public offering exceeding $1 billion since the oil giant Aramco listed in 2019. With a $67.2 billion portfolio, ACWA Power was the largest utility company to enter the Saudi bourse after Saudi Electricity Co.

  • Indonesia bans coal exports in January on domestic power worries

    The Southeast Asian country is the world's biggest exporter of thermal coal, exporting around 400 million tonnes in 2020. Its biggest customers are China, India, Japan and South Korea.

  • Qatar, PA advance deal to supply Gaza power plant with Israeli natural gas

    Qatar, the Palestinian Authority and Gaza’s electrical company signed a deal on Sunday advancing a long-term project to supply Gaza’s only power plant with Israeli natural gas. Qatar’s envoy to the Gaza Strip, Mohammad al-Emadi, said in a statement that Doha had signed a memorandum containing a pledge to invest $60 million in laying the pipeline for the proposed project. But a final deal on the initiative, which has been in the works for years,

  • ACWA Power Secures $1.33 Billion for Red Sea Project Utilities

    The project is a joint venture, in which ACWA holds a 50 percent stake, with SPIC Huanghe Hydropower Development Company and Saudi Tabreed District Cooling Company.

  • Air Force Breakthrough Brings Space-Based Solar Power One Step Closer

    What’s the best way to power the remote bases of the future? The U.S. military has looked at all sorts of options, from algae-based diesel to small nuclear reactors. On Tuesday, the Air Force Research Lab, or AFRL, announced a breakthrough in a long-envisioned method: solar power collected in space and streamed to Earth in the form of microwaves.

  • Iran accuses Western powers of ‘blame game’ over 2015 nuclear deal

    In a pessimistic assessment of talks between Iran and major powers in Vienna, diplomats from Britain, France and Germany warned on Monday that "time is running out" to rescue the pact, which they said would very soon become "an empty shell" without progress in negotiations.

  • Here’s how the Middle East is set to become a powerhouse of innovation

    Along with the public sector, the private sector has also taken major steps in creating a robust digital infrastructure that fosters innovations and opens up new economic opportunities. Gartner predicts that IT spending in the Middle East and North Africa (MENA) region is forecast to total $1.7bn in 2022, an increase of 2.6 per cent from 2021.