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29.07.26 - 04:12
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Crude prices climb over 4% as Middle East tensions, inventory draw fuel supply fears (Times of India)
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Oil prices rebounded sharply on Wednesday due to renewed Middle East tensions. Concerns over global crude supplies and lower US inventories supported the market. Military developments in the region and air strikes on militant targets heightened worries. Shipping companies operating in the Gulf remain on alert amid fears of attacks. Expectations of OPEC+ pausing production increases also lent support to prices....
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28.07.26 - 08:00
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CATL, BYD battle for supremacy in Middle East energy-storage market (SCMP)
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Competition among Chinese energy-storage firms is intensifying in the Middle East, as a massive deal that was expected to go to global electric vehicle (EV) battery king Contemporary Amperex Technology Ltd (CATL) was ultimately won by BYD and Sungrow Power Supply.
Shenzhen-headquartered BYD, which makes EVs and batteries, announced early this month that it would provide 11.275 gigawatt-hours (GWh) of energy storage to Round-The-Clock (RTC), a solar project being built by United Arab Emirates......
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27.07.26 - 16:12
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Saab Bags SEK 10.1 Bln Order From Middle East (AFX)
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STOCKHOLM (dpa-AFX) - Saab AB (SAABF, SAABY, SAABb.ST), a Swedish aerospace and defense company, said on Monday that it has received an order of SEK 10.1 billion for two GlobalEye aircraft from a ......
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