The UAE has the potential to invest up to $76 billion in projects to develop its hydrocarbon sector over the next five years to become the second largest Arab energy investor after Saudi Arabia, ov

Canada and the European Union are embroiled in a dispute over a key piece of EU climate legislation which Ottawa claims discriminates against one of its key exports—crude from the oil sands of Albe

The Kingdom of Saudi Arabia, through the Saudi Fund for Development (SFD) donated $1.8 million to the United Nations High Commissioner for Refugees (UNHCR) to support the agency’s efforts in buildi

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), may invest over $1.5 billion in exploring for oil in a block that was awarded to it by the erstwhile Saddam Hussein

Many traders and hedge funds are nursing losses after a whiplash reversal in one of the biggest commodity trading trends of the year – a bet on a widening spread between different types of crude oil.

Is this the face of future water conflicts? China, India and Saudi Arabia have lately leased vast tracts of land in sub-Saharan Africa at knockdown prices. Their primary aim is to grow food abroad using the water that African countries don't have the infrastructure to exploit. Doing so is cheaper and easier than using water resources back home. But it is a plan that could well backfire.

Expressing

South Africa expects to seal a deal with buyers in Saudi Arabia and India for about 1,00,000 tonne of its surplus maize before the end of February, a senior government official said on Monday.

Africa

Saudi Arabia, the top oil exporter, is planning to host the world's largest gold factory by the end of 2011, Arab News reported on January 4.

Dust storms scour Iraq. Freak floods wreak havoc in Saudi Arabia and Yemen. Rising sea levels erode Egypt's coast. Hotter, drier weather worsens water scarcity in the Middle East, already the world's most water-short region.

The Arab world is already suffering impacts consistent with climate change predictions.

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