PPP progress for Saudi Arabia – Saudi Arabia Public-private partnership (PPP) and privatisation is one of the cornerstone policies of Vision 2030, the Saudi government’s strategy for transforming and growing the economy. In particular, they will deliver new infrastructure, improved services and increased participation of the private sector. The programme began to bear significant fruit in 2019: seven PPP tenders were closed, expected to generate $2.4bn (SR9.1bn) in new investment, as well as the first privatisation by strategic sale, of the Saudia medical service. (LINK). PPP progress for Saudi Arabia – Saudi ArabiaDME GmbH2020-08-25T15:22:42+02:00
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. (LINK). Kuwait utility Shamal Az-Zour makes market debut – KuwaitDME GmbH2020-08-16T20:06:31+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. (LINK). Kuwait PPP developer recommends cash dividends of 25 fils – KuwaitDME GmbH2020-08-12T18:09:23+02:00
Shamal Az-Zour to list on Boursa Kuwait – Kuwait Shamal Az-Zour Al-Oula Power and Water Company announced today that it received approval to list on Boursa Kuwait’s Premier Market on August 16. It is the first power generation and water desalination company and the first private public partnership (PPP) project to be listed in Kuwait. NBK Capital is the listing advisor. (LINK). Shamal Az-Zour to list on Boursa Kuwait – KuwaitDME GmbH2020-08-09T15:07:20+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. (LINK). Shamal Az-Zour Al-Oula gets nod for Boursa Kuwait trading – KuwaitDME GmbH2020-08-08T17:56:53+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 EmiratesDME GmbH2020-07-25T14:32:15+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 EmiratesDME GmbH2020-07-23T19:54:19+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 EmiratesDME GmbH2020-07-22T14:25:04+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 – QatarDME GmbH2020-07-20T17:16:34+02:00
Energy Ministry allows using 26 bcm seawater for industrial purposes – Tehran According to Ardakanian, coastal provinces such as Hormozgan, Sistan-Baluchestan, and Bushehr can use seawater in projects that do not require water desalination like aquaculture or for cooling the towers of thermal power plants. “Up to 26 billion cubic meters of seawater has been allocated for such uses, which can be used in coastal provinces as required,” the official said. He also noted that for those projects that need the seawater to be desalinated, necessary licenses have been issued in the mentioned provinces. (LINK). Energy Ministry allows using 26 bcm seawater for industrial purposes – TehranDME GmbH2020-07-18T17:53:59+02:00