Carbon markets to play crucial role in energy transition: IEF 

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RIYADH: Carbon markets are set to play a pivotal role in achieving climate goals, with efforts from Saudi Arabia and the UAE, paving the way for a smooth energy transition.  According to a new report from the International Energy Forum, carbon markets are capable of effectively lowering the costs associated with greenhouse gas removal by … Read more

Saudi Arabia can become a leader in carbon capture technology: IEF

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RIYADH: Saudi Arabia’s Tadawul All Share Index rose to gain 5.38 points, or 0.04 percent, to close Thursday’s trading session at 12,728.53. The total trading turnover of the benchmark index was SR14.36 billion ($3.89 billion) as 126 stocks advanced, while 93 retreated.  The Kingdom’s parallel market, Nomu, rose 308.5 points, or 1.16 percent, to close … Read more