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Kuwait utility Shamal Az-Zour makes market debut – Kuwait

DUBAI- Kuwait’s Shamal Az-Zour Al-Oula Power and Water Company made its stock market debut on Sunday.

At 0845 GMT, the shares were trading at 0.388 dinar ($1.27) per share, below their opening price of 0.4 dinar, and after briefly rising to as high as 0.5 dinar, according to Refinitiv data.

The company, Kuwait’s first listed public private partnership (PPP), supplies about 10% of Kuwait’s installed power capacity and 20% of water desalination capacity in the country.

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Kuwait utility Shamal Az-Zour makes market debut – Kuwait2020-08-16T20:06:31+02:00

Kuwait PPP developer recommends cash dividends of 25 fils – Kuwait

Shamal Az-Zour Al-Oula Power and Water Company, the first power generation and water desalination company and the first Public-Private Partnership (PPP) project to be listed in Kuwait, said its board of directors has recommended a cash dividend payout of 25 fils per share.

This will be the company’s first dividend and relates to the retained earnings for the period from 2017 to 2019 and is subject to lenders’ approval, said the statement from the Kuwait group. 

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Kuwait PPP developer recommends cash dividends of 25 fils – Kuwait2020-08-12T18:09:23+02:00

Shamal Az-Zour Al-Oula gets nod for Boursa Kuwait trading – Kuwait

Shamal Az-Zour Al-Oula Power and Water Company said it received regulatory approval for its listing debut on Boursa Kuwait’s premier market on August 16.

The company is the first power generation and water desalination firm and the first private-public partnership project to be listed in Kuwait, it said in a statement on Saturday.

NBK Capital served as the company’s listing adviser.

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Shamal Az-Zour Al-Oula gets nod for Boursa Kuwait trading – Kuwait2020-08-08T17:56:53+02:00

One year after the drought: Has Chennai learned from its water crisis? – India

One year ago, Chennai suffered a historic drought. For nearly 200 days, the metropolis of 7 million people facing the Bay of Bengal in eastern India went without a drop of rain, pushing it to breaking point.

Already strained by a burgeoning population, water supply eventually hit rock bottom, upending the economy and the lives of the city’s residents.

As families across Chennai struggled to find water to wash, cook and keep businesses afloat, the state of Tamil Nadu came under fire for failing to prepare for and deal with the […]

One year after the drought: Has Chennai learned from its water crisis? – India2020-07-28T15:23:03+02:00

Abu Dhabi’s water sector ‚vital for energy transformation‘ – United Arab Emirates

Abu Dhabi’s water sector is playing a pivotal role in energy transformation, with desalination technology through nine major plants, thus enhancing the emirate’s security of water supply.

Pioneering the transformation of the energy sector in the UAE capital, Abu Dhabi Department of Energy (DoE) is leading the process of developing the water sector through enacting policies and regulations to reform its operations.

Since its establishment in February 2018 to be the new regulator of the energy sector in the Abu Dhabi, DoE has implemented new work mechanisms and adopted […]

Abu Dhabi’s water sector ‚vital for energy transformation‘ – United Arab Emirates2020-07-25T14:32:15+02:00

PUB: Pandan-smelling water from Malaysia ‚isolated‘, local water production ramped up to meet demand – Malaysia

SINGAPORE – Singapore has ramped up local production of water to meet demand after some water from Malaysia had to be „isolated“ following reports from some households here about an unusual scent of pandan in boiled tap water.

The cause of the scent is an organic compound known as tetrahydrofuran (THF), which is commonly used as a solvent in industries.

National water agency PUB said its investigations have traced the source of the issue to water imported from Malaysia.

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PUB: Pandan-smelling water from Malaysia ‚isolated‘, local water production ramped up to meet demand – Malaysia2020-07-24T11:36:00+02:00

23 July, 2020 Abu Dhabi’s water sector ‚vital for energy transformation‘ – United Arab Emirates

Abu Dhabi’s water sector is playing a pivotal role in energy transformation, with desalination technology through nine major plants, thus enhancing the emirate’s security of water supply to ensure business continuity and wellbeing of the community.

Pioneering the transformation of the energy sector in the UAE capital, Abu Dhabi Department of Energy (DoE) is leading the process of developing the water sector through enacting policies and regulations to reform its operations.

Since its establishment in February 2018 to be the new regulator of the energy sector in the Abu […]

23 July, 2020 Abu Dhabi’s water sector ‚vital for energy transformation‘ – United Arab Emirates2020-07-23T19:54:19+02:00

UAE to get largest water desalination plant in the world – United Arab Emirates

Water security has been a major priority for Abu Dhabi. The emirate has always been seeking the  best methods to optimize the use of water resources.

Now, the Abu Dhabi Department of Energy (DoE) is enhancing the water security of the emirate by developing fresh policies and regulations to support the sector.

The DoE will also improve the performance of its desalination plants to ensure secure and sustainable water supplies through nine of its plants which have a production capacity of around 1.3bn cubic metres of water per year.

UAE to get largest water desalination plant in the world – United Arab Emirates2020-07-22T14:25:04+02:00

Qatar’s Industrial Production Index increases 6% in May – Qatar

The monthly Industrial Production Index (IPI) of Qatar for May 2020 reached 104.2 points, an increase by 6.0% compared to the previous month, and decrease by 2.0% when compared to the corresponding month of 2019.

Issued by the Planning and Statistics Authority, this index details the growth of various industrial sectors in economy such as mining, manufacturing, electricity production, and water production and desalination.

The Industrial Production Index consists of three main components: ‘Mining’, with a relative importance of 83.6%, ‘Manufacturing’ with a relative importance of 15.2%, […]

Qatar’s Industrial Production Index increases 6% in May – Qatar2020-07-20T17:16:34+02:00
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