Egypt signs green energy deal with Saudi ACWA – Egypt – Egypt The Egyptian Electricity Transmission Co. will this month sign a deal to purchase wind energy of 1,100 megawatts from Saudi Arabia’s ACWA Power. Sources at the EETC said that the project would cost over $1.2 billion and would be implemented in stages. According to the sources, the EETC will pay 2.85 cents per kilowatt-hour. The Egyptian Cabinet had agreed to proceed with talks for the Saudi company to replace the Hanadi village, Luxor governorate project that has a current total capacity of 2,250 megawatts. Egypt signs green energy deal with Saudi ACWA – Egypt – EgyptDME GmbH2022-03-08T14:15:19+01:00
UAE-based Gulf Capital to invest $250 mln in Egypt in 2022 – Egypt Gulf Capital, which has been investing in Egypt for five years now, opened its office in the country last week and announced its plans to expand in the domestic market. It currently has assets under management with a total value exceeding $2.5 billion across seven funds and investment vehicles. Its key investment markets are the UAE, Saudi Arabia, and Egypt. Speaking to Ahram Online, El-Solh noted that Egypt has made significant strides over the past five years in terms of its economy and the improvement of the […] UAE-based Gulf Capital to invest $250 mln in Egypt in 2022 – EgyptDME GmbH2022-03-07T11:50:40+01:00
Minjur desalination plant under maintenance – Chennai – India According to a release from the Chennai Metropolitan Water Supply and Sewerage Board, water supply from the plant will be stopped from 8 a.m. on March 8 to 10 a.m. on March 11. Areas such as Madhavaram, Manali, Tiruvottiyur, Ernavoor, Kathivakkam, Patel Nagar and Vyasarpadi will not get supply from the desalination plant. Alternative arrangements have been made to supply water from the Puzhal water teatment plant for these areas. (LINK). Minjur desalination plant under maintenance – Chennai – IndiaDME GmbH2022-03-06T17:12:11+01:00
Nizar Baraka: Morocco Will Lose 30% of Water Resources by 2050 – Morocco Rabat – Minister of Equipment and Water, Nizar Baraka called for the urgent prioritization of water efficiency measures, in order to combat the water stress that currently engulfs Morocco. During a meeting organized by the Press Club Morocco on the topic of „Water as a Moroccan Wager“ in partnership with the higher institute of Information and Communication, Baraka highlighted that improving water efficiency in Morocco must be at the center of concerns, in addition to the construction and management sectors. The minister stressed that Morocco has moved […] Nizar Baraka: Morocco Will Lose 30% of Water Resources by 2050 – MoroccoDME GmbH2022-03-05T14:43:09+01:00
A new drinking water supply system supplies 45,000 people in Obock – DJIBOUTI The new drinking water supply system (AEP) has been operational since February 17, 2022. The system located in Obock Province, Djibouti was made possible by a grant from Saudi Arabia, through the Saudi Fund for Development (SFD). The $10 million in funding provided to the Djibouti government has enabled the construction of various facilities in Bissidiro. In the town located in the north of Obock province, eight reservoirs store water pumped from boreholes. This water is distributed to the population via 105 km of pipes. A new drinking water supply system supplies 45,000 people in Obock – DJIBOUTIDME GmbH2022-03-04T12:14:50+01:00
Acciona to showcase its key utility sector expertise at Saudi forum – Saudi Arabia Spanish infrastructure major Acciona will be presenting its main activities and projects developed to date in Saudi Arabia and in the Middle East in general, at a key industry event which kicks off in capital Riyadh next week. The Saudi Water Forum will be held from March 6 to 8 under the theme of „Water Sustainability. A Responbility for all“. Acciona will be outlining its other planned initiatives for the water sector in Saudi Arabia, in line with the 2030 Vision of the Kingdom and its National […] Acciona to showcase its key utility sector expertise at Saudi forum – Saudi ArabiaDME GmbH2022-03-03T13:54:19+01:00
Seawater desalination is set to take off in Egypt in a big way – Egypt Doosan Heavy Industries & Construction recently signed a memorandum of understanding on a project in Egypt, signalling the company’s entry into the North African desalination market. The South Korean corporation announced they had signed a MoU with Hassan Allam, a large-sized construction/developer firm in Egypt, and Almar Water Solutions, a company formed through a Saudi Arabia-Spain joint venture, agreeing to cooperate on a reverse osmosis(RO) desalination project. At the MoU signing in Cairo, Egypt Inwon Park, CEO of Doosan Heavy’s Plant EPC Business Group said: “We will endeavor […] Seawater desalination is set to take off in Egypt in a big way – EgyptDME GmbH2022-03-02T15:51:47+01:00
Metito, Scatec and Orascom to invest in solar desalination – Egypt Three companies want to invest in the supply of drinking water in Egypt. They are the Emirati company Metito Holdings, the Norwegian group Scatec and the Egyptian company Orascom Construction, gathered in consortium. The partners are currently in talks with the Sovereign Wealth Fund of Egypt (TFSE) for the construction of a new seawater desalination plant in the country. The capacity of the future plant will be between 1 and 2 million m3 of water per day. (LINK). Metito, Scatec and Orascom to invest in solar desalination – EgyptDME GmbH2022-03-01T14:20:58+01:00
11 companies to bid on $2.8B desalination projects in Egypt – Egypt Nearly 11 Arab and International companies are planning to officially submit their offers to bid on desalination projects in Egypt, government sources told Al Borsa News. These projects are set to be carried out with a total estimated investment of up to $2.8 billion, the sources highlighted. The companies include ACWA Power, Hassan Allam, Al Nowais Group, Schneider Electric, Orascom Construction, and Matito, in addition to, other Chinese, Japanese, American, French, and German companies, they added. (LINK). 11 companies to bid on $2.8B desalination projects in Egypt – EgyptDME GmbH2022-02-28T15:39:27+01:00
Oman least at risk of freshwater depletion – Oman Even as many countries will probably face water stress in the coming years, the Sultanate of Oman is among the Arab countries least at risk of depleting freshwater. No more MoH registration for inbound passengers XO in This is revealed in a new classification in a report on Arab countries most vulnerable to the dangers of depleting freshwater resources forever issued by the Arab Gulf Centre for Studies and Research in Kuwait. „The Sultanate of Oman ranked nineteenth, Somalia ranked twentieth, and Comoros came at the bottom […] Oman least at risk of freshwater depletion – OmanDME GmbH2022-02-27T14:29:44+01:00