Daily brief
Saudi Arabia, July 15 – OPEC Secretary General Haitham al-Ghais warned on Wednesday that discouraging investment in oil and gas could lead to future energy shortages, urging continued funding for fossil fuel projects alongside renewables. The statement comes amid global debates over energy transition timelines and the role of hydrocarbons in meeting demand.
DP World added 35 electric tractors to Jeddah Islamic Port, boosting its green logistics capacity.
Aramco awarded Halliburton a contract for unconventional gas development, expanding Saudi Arabia's non-oil energy production.
The UAE and Saudi Arabia are emerging as AI infrastructure powerhouses as the Gulf region invests in long-term tech growth.
by WorldBrief & Maksim Micheliov | AI-generated summary