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Oil sector needs $640bn annual investment: Opec chiefThe oil sector will need substantial investments to reliably meet the expected growth in demand, with cumulative investment requirements estimated at $17.4 trillion between 2024 and 2050, or approximately $640 billion annually, said Haitham Al More… |
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Global gold demand hits new high as prices soar in 2024The World Gold Council’s Q4 and Full Year 2024 Gold Demand Trends report reveals that total annual gold demand hit a new, record high of 4,974 tonnes, driven by strong, sustained central bank buying and growth in investment demand. More… |
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Gas as a transition fuel, a shift towards sustainabilityNatural gas has emerged as a pivotal transition fuel at a time the world grapples with the urgent need to mitigate climate change while still meeting growing energy demands. Within the energy sector, its More… |
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Global air cargo demand rises 9.8pc in October: IATAGlobal air cargo demand, measured in cargo tonne-kilometres (CTKs), rose by 9.8% compared to October 2023 levels (10.3% for international operations) capping a 15th consecutive month of growth. According to the More… |
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Global air cargo demand rises 9.8pc in October: IATAGlobal air cargo demand, measured in cargo tonne-kilometres (CTKs), rose by 9.8% compared to October 2023 levels (10.3% for international operations) capping a 15th consecutive month of growth. According to the More… |
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Talabat increases IPO size by 5pc to meet investor demandTalabat Holding, a leading online food ordering, delivery, takeaway and groceries and convenience retail marketplace in the Mena region, has increased its initial public offering (IPO) size from 15% of its issued share capital to 20%. More… |
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Talabat increases IPO size by 5pc to meet investor demandTalabat Holding, a leading online food ordering, delivery, takeaway and groceries and convenience retail marketplace in the Mena region, has increased its initial public offering (IPO) size from 15% of its issued share capital to 20%. More… |
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Program HQ driving demand for prime office space in RiyadhThe total amount of Grade A office space in Riyadh is expected to grow by 1 million sq m to hit 6.3 million sq m by the end of 2026 ion sq m, thanks to the ‘Program HQ’ which is contributing to increased demand for office space in More… |
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Global passenger demand at all-time high for SeptemberInternational Air Transport Association (IATA) has released data for September 2024 global passenger demand and indicated 7.1% growth in total demand, measured in revenue passenger kilometers (RPK), compared to last year, an all-time high for More… |
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Global passenger demand hits all-time high in SeptemberThe total passenger demand (measured in revenue passenger kilometers), surged by 7.1% in September over last year, hitting an all-time high for the month, according to a report by International Air Transport Association (IATA). More… |
