Barka Desalination Company to launch IPO – Oman Barka Desalination Company (BDC), owner of Oman’s largest operating water desalination plant Barka IWP, announced its intention to launch its initial public offering (IPO). The company will offer 40 per cent of its share capital to the public through an IPO. Accordingly, BDC will offer 30,208,800 shares to the public through listing on the Muscat Stock Exchange (MSX). As anchor investors in the IPO, National Power & Water Co (an investment arm of Bahwan Engineering Group), and Bank Muscat have committed to invest upto 10 per cent of the […] Barka Desalination Company to launch IPO – OmanDME GmbH2022-01-12T13:57:08+01:00
Oman desalination plant operator set to launch IPO – Oman Barka Desalination Company, owner of Oman’s largest operating water desalination plant, has announced its intention to launch an initial public offering (IPO). The company said it will offer 40 percent of its share capital to the public through an IPO. BDC will offer 30,208,800 shares through a listing on Muscat Stock Exchange (MSX). As anchor investors in the IPO, National Power & Water Co, an investment arm of Bahwan Engineering Group, and Bank Muscat have committed to invest upto 10 percent of the IPO. Oman desalination plant operator set to launch IPO – OmanDME GmbH2022-01-11T14:46:00+01:00
Beijing looking toward Maldives, Horn of Africa – China China and the Maldives have stepped up cooperation across a wide range of areas following a meeting between State Councilor and Foreign Minister Wang Yi and Maldivian Foreign Minister Abdulla Shahid in the Maldives capital, Male, on Saturday. During their talks, the two foreign ministers agreed to strengthen bilateral and multilateral cooperation and communication, jointly uphold the purposes and principles of the UN Charter, oppose interference in the domestic affairs of other countries and safeguard international fairness and justice. They witnessed the signing of a number of agreements on […] Beijing looking toward Maldives, Horn of Africa – ChinaDME GmbH2022-01-10T15:03:23+01:00
Abadan Desalination Plant to Become Operational in Feb. – Iran A desalination plant is expected to be launched in Abadan, Khuzestan Province, in the near future to help address the pressing water problems of the southwestern oil city, said the director of Abadan Water and Wastewater Company. “The unit, with a capacity of 3,000 cubic meters of potable water per day, will become operational by February,” the Energy Ministry’s news portal also quoted Mohammad Reza Karami-Nejad as saying. “The facility will help meet water demand in Chavibdeh, a city in Shalahi rural district in Abadan County,” he […] Abadan Desalination Plant to Become Operational in Feb. – IranDME GmbH2022-01-09T14:36:38+01:00
Subsidies needed to offset high cost of Almeria’s desalinated water – Spain THE Mesa del Agua de Almeria committee wants to be included in possible government subsidies for desalinated water. The Mesa, which represents the irrigation syndicates that supply Almeria’s agricultural growers with water, pointed out that the Environment Ministry is contemplating subsidies for areas receiving water from the Tajo-Segura pipeline. With these transfers cut back, these grants would offset the “brutal” increase in desalinating water owing to the cost of electricity. Subsidies needed to offset high cost of Almeria’s desalinated water – SpainDME GmbH2022-01-13T13:00:25+01:00
SWPC and partners breaks ground on $826m desalination plant in Saudi Arabia – Saudi Arabia The Saudi Water Partnerships Company (SWPC) has announced the ground-breaking of the $826m Al Rayyis Independent Water Project, which is being developed in collaboration with Engie and Saudi groups Nesma and Mowah. The 450,000cu/m capacity desalination plant is expected to begin commercial operations in Q4 2023. According to SWPC, the project is the first water pipeline in Saudi Arabia developed under the public-private-partnership (PPP) structure and will achieve one of the most competitive specific power consumption levels in the kingdom. (LINK). SWPC and partners breaks ground on $826m desalination plant in Saudi Arabia – Saudi ArabiaDME GmbH2022-01-07T10:35:51+01:00
Nesma, Engie break ground on 450,000-cu-m Saudi desal plant – Saudi Arabia Saudi Water Partnerships Company has announced the ground-breaking of Al Rayyis Independent Water Project in co-ordination with energy major Engie and Saudi groups Nesma and Mowah. The 450,000-cu-m capacity desalination plant will be ready for commercial operations in Q4 2023. Saudi Water Partnerships Company has announced the ground-breaking of Al Rayyis Independent Water Project on the Red Sea coast of the kingdom, in co-ordination with French energy major Engie and Saudi groups Nesma and Mowah. (LINK). Nesma, Engie break ground on 450,000-cu-m Saudi desal plant – Saudi ArabiaDME GmbH2022-01-06T15:15:37+01:00
As OC Digs Deeper for Drinking Water, Worries About Contamination Arise – California Due to California’s ongoing drought, cities in North and Central Orange County have a greater risk of being exposed to drinking water pollution as they rely mostly from groundwater sources. According to attorney and water policy expert Felicia Marcus, who is also the William C. Landreth Visiting Fellow at Stanford University, regional officials hope to purify this groundwater and are also actively pursuing collaborations with local water districts in order to obtain clean drinking water for its residents. South Orange County, though, is not affected by this dilemma […] As OC Digs Deeper for Drinking Water, Worries About Contamination Arise – CaliforniaDME GmbH2022-01-05T14:46:19+01:00
Project in pipeline to build tourist attractions near Al Karameh Dam – Jordan The Jordan Valley Authority (JVA) has completed preliminary studies meant to implement a comprehensive investment project in areas adjacent to Al Karameh Dam. The Ministry of Water and Irrigation in a statement on Monday said that the JVA has identified four spots of 3,600 dunums that can be optimised to construct tourist attractions. The JVA has allocated two spots to establish two seafood restaurants, play areas, parking, small golf courses, agricultural nurseries as well as areas for water adventures outside the dam’s pool, in addition to bicycle […] Project in pipeline to build tourist attractions near Al Karameh Dam – JordanDME GmbH2022-01-04T15:00:59+01:00
Dewa supports innovation in clean and renewable energy – United Arab Emirates Dubai Electricity and Water Authority’s (Dewa) Innovation Centre at the Mohammed Bin Rashid Al Maktoum Solar Park received several high-level delegations headed by ministers and officials from several countries, over the past few weeks. Saeed Mohammed Al Tayer, MD and CEO of Dewa, emphasised Dewa’s commitment to exchange expertise with ministries and organisations worldwide in renewable and clean energy, environmental sustainability, innovation, smart cities, water, and other areas of common interest. “Through the centre, Dewa aims to support innovation in clean and renewable energy, develop skills and […] Dewa supports innovation in clean and renewable energy – United Arab EmiratesDME GmbH2022-01-04T15:05:31+01:00