As one of the world’s largest consumers of water and electricity on a per capita basis, Qatar is looking to reduce its utilities usage, according to an Oxford Business Group (OBG) report.
Read MoreSaudi Arabia, the largest Arab economy with the highest population in the GCC region, has plans to invite private participation in its fast-growing power sector in
Read MoreAbu Dhabi-based energy company TAQA has announced that the Ruwais Power Company power and desalination plant (Shuweihat 2) has completed an issuance of USD 825 mn of project bonds. The plant is 54 percent owned by
Read MoreQatar Petroleum International (QPI) and GEK Terna have signed an agreement to acquire an interest in the Heron II power plant, signalling QPI's first investment in Greece. Heron II is currently Greece's most efficient power plant
Read MoreThe GCC is expected to shell out an estimated USD 250 bn over the next five years on investments in the power sector. A study, titled ‘Power UAE,’ published by research specialists Global Business Reports (GBR) said that the next five to 10 years would be crucial in shaping not only the UAE power sector, but also change the power industry in the GCC and Middle East
Read MoreA meeting of the GCC Committee on Economizing on Water and Electricity Consumption was held in Riyadh on Tuesday, June 11 which reviewed the enforcement of joint programmes aimed at lowering the increasingly-growing consumption of electricity and water. The meeting was chaired by Bahrain’s Electricity and Water Authority (EWA) CEO Sheikh Nawaf bin Ibrahim Al Khalifa.
Read MoreGDF Suez on Sunday, June 2, announced the completion of the sale of 10 percent of its 45 percent stake in Sohar Power Company to an investment holding company of MENA Infrastructure Fund.
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