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India’s energy consumption growing at three times global averageIndia’s energy consumption is growing at three times the global average with the nation's oil imports estimated at five million barrels of crude oil in a day, the Minister for Petroleum and Natural Gas, Hardeep Singh Puri, said. More… |
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Empower logs record 7.2pc consumption increase in H1Emirates Central Cooling Systems Corporation (Empower) has logged a record increase of 7.2% in the consumption volume of its district cooling services (Refrigeration Ton hours-RTh) during the first half of 2023 compared to last year. More… |
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UAE consumption of fruit and vegetables is growingConsumers in the UAE have begun to include more fresh fruits and vegetables in their diet with 50% of the consumers declaring that they increasingly choose foods that help strengthen their immune system. More… |
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Post-corona economy in 2021: Three demand scenariosA case where the world is back to normal in 2021, shift in consumer preferences due to the “Great Lockdown” and lockdowns rolling over because no cure is widely available are possible scenarios of a post-corona economy, a report said More… |
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Saudi economy to stay on recovery path: reportSaudi Arabian economy will remain on the recovery path, amid higher oil revenues and the government’s commitment to support the non-oil sector, said Al Rajhi Capital, a top financial services provider in the kingdom, in a new report. More… |
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Global raw materials consumption 'to double by 2060'The world’s consumption of raw materials is set to nearly double by 2060 as the global economy expands and living standards rise, placing twice the pressure on the environment that we are seeing today, according to a new OECD report. More… |
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UAE food consumption to hit 59.2m tonnes by 2025A growing population, increasing tourist numbers and rising incomes will all contribute to pushing UAE food consumption to 59.2 million tonnes annually by 2025, according to the latest UAE Food Industry Report 2017. The findings o More… |
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Saudi consumption improves says reportSaudi Arabia has reported improving economic indicators with the point of sale (POS) transactions rising 6.2 per cent year-on-year in March 2017, versus an increase of 5.1 per cent y-o-y in February, said a report. This indicated More… |
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India a key driver of global oil demand growthHaving doubled its oil demand growth in 2016, India outpaced China's growth in two quarters last year and is set to repeat this feat for the full year in 2017, a report said, adding that India is a key driver of global energy consumption. More… |
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GCC petchem consumption up 10pc in 10 yearsThe petrochemical consumption across the GCC region increased by 10 per cent per annum during the last decade, indicating the sector’s strong multiplier effect on regional industrial and economic development, said a report released ahead o More… |
