Defense Minister discusses security, military developments
Defense Minister Major General Dr. Mohsen al-Daeri discussed Thursday with British Ambassador to Yemen Abda Sharif latest developments in security and military situations and ways to enhance cooperation in training and qualification.
Bulgaria Launches First Innovation Centre for Internal Security
Bulgaria's Prime Minister, Rosen Zhelyazkov, inaugurated the country's first innovation centre dedicated to internal security, AXON lab, at the Academy of the Interior Ministry on Friday. The centre focuses on training and applying modern technologies in law enforcement.
Foreign currency reserves in Egypt increase up to $49.036 billion
The Central Bank of Egypt announced an increase in the net foreign currency reserves to $49.036 billion by the end of July 2025, compared to approximately $48.700 billion at the end of June, with an increase of $336 million.
Saudi Al-Hilal FC Eliminated from FIFA Club World Cup After 2-1 Defeat to Fluminense
Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.
Last Update: ،
2025/08/08
Time
10:03:29
Latest News:
President al-Alimi meets with the leaders of the National Coalition of the Political Parties
United States Praises Yemeni Security Forces for Interdicting Large Quantity of Hashish
Presidential Council Member Reviews Efforts to Operate Aden Refineries and Secure Fuel for Electricity
Maj. General al-Zubaidi warns of cooperation between Houthi militias and Somalis Shabab movement, al-Qaeda
FM, South Africa Ambassador discuss joint cooperation
Latest News:
President al-Alimi meets with the leaders of the National Coalition of the Political Parties
United States Praises Yemeni Security Forces for Interdicting Large Quantity of Hashish
Presidential Council Member Reviews Efforts to Operate Aden Refineries and Secure Fuel for Electricity
Maj. General al-Zubaidi warns of cooperation between Houthi militias and Somalis Shabab movement, al-Qaeda
FM, South Africa Ambassador discuss joint cooperation
OAPEC : Arab countries have opportunities to be a leading producer, exporter of aviation fuel
[05/09/2024 12:12]
KUWAIT-SABA
The Secretary-General of the Organization of Arab Petroleum Exporting Countries (OAPEC), Jamal al-Loughani said "Arab countries have valuable opportunities to be among the leading countries in the production and export of sustainable and low-carbon aviation fuel."
He added in a statement to Kuwait News Agency (KUNA) on the occasion of the organization's release of a new study entitled (Sustainable and Low-Carbon Aviation Fuel) that "Arab countries have infrastructure and financing resources for renewable energy projects and a diversified list suitable for the production of sustainable fuels."
"Although most Arab countries have large oil and gas reserves, many of these countries are leading the way to diversify their energy mix and reduce carbon emissions", al-Loughani said.
He pointed out that oil refineries in the OAPEC member countries can play an important role in the production of low-carbon aviation fuel, benefiting from the services available at the refinery, such as warehouses, pipelines and others, in order to reduce investment costs for the production of sustainable and low-carbon fuels.
He noted that the main obstacle to the production of sustainable aviation fuel is the cost, as the price ranges from about two to eight times the price of conventional aviation fuel, and that stimulating the production of sustainable aviation fuel requires great political motivation to bridge the price gap between conventional aviation fuel and sustainable fuel.
al-Loughani affirmed that the Arab countries have a promising opportunity to produce electric fuel and export it to global markets at competitive prices due to its ability to produce electricity from renewable sources at low costs.
The Secretary-General of the Organization of Arab Petroleum Exporting Countries (OAPEC), Jamal al-Loughani said "Arab countries have valuable opportunities to be among the leading countries in the production and export of sustainable and low-carbon aviation fuel."
He added in a statement to Kuwait News Agency (KUNA) on the occasion of the organization's release of a new study entitled (Sustainable and Low-Carbon Aviation Fuel) that "Arab countries have infrastructure and financing resources for renewable energy projects and a diversified list suitable for the production of sustainable fuels."
"Although most Arab countries have large oil and gas reserves, many of these countries are leading the way to diversify their energy mix and reduce carbon emissions", al-Loughani said.
He pointed out that oil refineries in the OAPEC member countries can play an important role in the production of low-carbon aviation fuel, benefiting from the services available at the refinery, such as warehouses, pipelines and others, in order to reduce investment costs for the production of sustainable and low-carbon fuels.
He noted that the main obstacle to the production of sustainable aviation fuel is the cost, as the price ranges from about two to eight times the price of conventional aviation fuel, and that stimulating the production of sustainable aviation fuel requires great political motivation to bridge the price gap between conventional aviation fuel and sustainable fuel.
al-Loughani affirmed that the Arab countries have a promising opportunity to produce electric fuel and export it to global markets at competitive prices due to its ability to produce electricity from renewable sources at low costs.
Key words:
infrastructure - " "Although - organization's - opportunities - Organization - conventional - Sustainable - sustainable - electricity - stimulating -
Foreign currency reserves in Egypt increase up to $49.036 billion
GDP grows 0.1 percent in Eurozone
China's fiscal expenditure increases 3.4 pect in H1
Korea's exports shrinks 2.2 percent
Italian GDP rises 0.3 percent
China's Foreign Exchange Reserves Rise to $3.2853 Trillion in May
U.S. President plans to increase tariffs on steel, aluminum imports
Japan supports its small, medium enterprises with $15.5 billion to face U.S. tariffs
IsDB sings financing agreements worth over$1 billion
GDP grows 0.3 percent in Eurozone, EU in 1Q
