Staff Writer

  EBITDA increased by an impressive 184% to AED 458.5 million in 2025, up from AED 161.4 million in 2024 – marking the company’s highest EBITDA performance since ADX listing in 2022 Revenue rose to an all-time high of AED 13.3 billion in 2025 from AED 8.9 billion in 2024 Net profit reached AED 227.6 million in 2025, up 37% year-on-year Commodity transaction volumes increased by 73% year-on-year to 14.2 […]

  Venezuela’s long-dormant oil and gas sector is rapidly reactivating in early 2026, sharpening the relevance of Caribbean Energy Week (CEW)’s First Mover Advantage in Venezuela’s Frontier session. Recent developments – including a visit by U.S. Energy Secretary Chris Wright to assess the country’s oil-sector overhaul, alongside new U.S. licensing measures enabling foreign companies to handle Venezuelan crude – signal a renewed pathway for commercial engagement with the world’s largest […]

  The Youth Charter (www.YouthCharter.org) has welcomed the outcomes of the 39th Ordinary Session of the Assembly of the African Union, held in Addis Ababa, and is calling for immediate implementation mechanisms that translate Summit commitments into grassroots impact. The Assembly adopted the 2026 Theme of the Year: “Ensuring sustainable water availability and safe sanitation systems to achieve the goals of Agenda 2063.” Alongside this, African leaders reaffirmed the importance of youth […]

  Across Africa, the rapid rollout of solar generation is shifting the challenge from simply adding capacity to integrating power reliably into weak and unstable grids. Diesel dependence, frequency instability and limited transmission infrastructure are driving demand for battery energy storage systems (BESS) not as optional hardware, but as core infrastructure for resilient power systems. In markets from East to West Africa, storage is increasingly deployed not for arbitrage but […]

  With governments and operators from across Africa’s gas frontier confirmed to participate, the Invest in African Energy Forum (Paris, April 22–23, 2026) arrives as the continent’s LNG sector enters a new phase of growth. Major export projects are moving into expansion, emerging producers are scaling floating liquefaction capacity and several large undeveloped gas discoveries are advancing toward commercialization. Together, these developments are shaping where capital, partnerships, and infrastructure investment […]

  The Special Representative of the Secretary-General and Head of the United Nations Office for West Africa and the Sahel (UNOWAS), H.E. Mr. Leonardo Santos Simão, met on Friday 13th February 2026, with the ECOWAS Permanent Observer to the United Nations, H.E. Ambassador Kinza Jawara-Njai, and the Chair of the ECOWAS Group at the United Nations, represented by the Deputy Permanent Representative of the Republic of Sierra Leone to the […]

  At an activity assessment meeting conducted on 17 and 18 February in the port city of Assab, it was reported that, as a result of growing public awareness on health issues, the utilization of health facilities in the Southern Red Sea Region has significantly increased. At the meeting, in which Ms. Amina Nurhusein, Minister of Health, and Ambassador Mohammed-Seid Mantai, Governor of the Southern Red Sea Region, took part, […]