GulfBase Live Support
The King Abdullah Petroleum Studies and Research Center (KAPSARC) held a workshop in Hong Kong to focus on the Future of Energy Demand for Freight Movement and explore the long-term markets for the Kingdom’s oil exports.
The workshop has gathered 30 energy economics experts to share and discuss their insights of the impact of major international economic undertakings, such as the Chinese Belt and Road Initiative, and potential impacts on future demand for fuel and energy in developing economies.
The discussion also covered other key issues such as challenges of sourcing reliable data in developing countries, modeling fast changing economies and key factors shaping the movement of freight in Asia, however, the participants have shared insights and perspectives into future energy demand for freight transportation – one of the major drivers of diesel demand in the long term.
The workshop was attended by representatives from the Saudi government and energy international organizations such as king Abdulaziz University, International Energy Agency, International Transport Forum, the Massachusetts Institute of Technology (MIT), US China Green Energy Council, China Academy of Railway Science,the Energy Research Institute (ERI) of the NDRC and Tsinghua University.
KAPSARC is dedicated to research into energy economics, policy, technology and the environment, across all types of energy. The Center is focused on finding solutions for the most effective and productive use of energy, creating added value that contributes to the welfare of both energy exporting and consuming societies. As the case for all its workshops, a summary of key discussion points, insights and recommendations will be posted at the Center’s website www.kapsarc.org.
The Saudi Arabian General Investment Authority (SAGIA), represented by the Deputy Governor for the Development of Investment Environment, Dr. Ayedh bin Hadi Al-Otaibi, participated in the Sixth Saudi
Lower oil prices are expected to boost profits at Middle East airlines in 2019 as a decade of double-digit growth starts to slow. The 2019 industry outlook from the International Air Transport Associ
A forum organised by the Oman Banks Association was attended by a large number of senior bankers from the different banks operating in the Sultanate. The forum was held under the auspices of Tahir Sa
Oman Daily Observer
The UAE Central Bank has started work on a digital currency, together with the Saudi Arabian Monetary Authority (SAMA), in an effort to speed up financial transactions between the two countries.
The Central Bank of the UAE, CBUAE, today hosted a workshop with the Central Bank of China and the Agricultural Bank of China on ‘Improving the Renminbi Clearing in the UAE’.
The aim of th
The Gulf Today