Saturday, March 23, 2019
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Infrastructure

Can Oil Reinvent Itself? Shell’s Power Push Divides Investors

(Bloomberg) -- When a few hundred Royal Dutch Shell Plc shareholders piled into a Methodist church in Westminster for their 2018 annual meeting, they...
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Saudi Arabia to Raise $36 Billion for Transportation Investment

Saudi Arabia plans to raise 135 billion riyals ($36 billion) for transportation-infrastructure projects over the next 11 years, as part of a sweeping plan...
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Saudi Launches $23bn Riyadh Beautification Program

(Bloomberg) -- Saudi Arabia plans to pour 86 billion riyals ($23 billion) into beautifying its capital, Riyadh, with projects expected to create tens of thousands...
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Saudi Arabia Follows Abu Dhabi to Invest in India Infrastructure

Saudi Arabia is considering investing in India’s infrastructure fund as the kingdom’s crown prince plans his debut visit to the South Asian nation next...
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Nama appoints advisors for privatising five subsidiaries

Nama Holding, a government-owned holding company of Nama Group which is engaged in generation, transmission, distribution, supply and procurement of electricity in Oman, has appointed...
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Sohar port breaks container volume record

Despite on-going issues in the maritime industry and the continued lull in global oil prices, container volumes at Sohar port in the second quarter...
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ACWA Power wins $302mn solar project in KSA

ACWA Power, a global leader in developing, constructing, and operating power generation and water desalination plants, has won the Skaka independent power producer photovoltaic...
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Setting standards

A round-table discussion on the Distribution Code Review Panel (DCRP) organised by Nama Group and OER underlines the need for safeguarding the rights of electricity consumers in...
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Saudi Arabia to Begin Building Homes in Futuristic City Neom

Saudi Arabia said it will start building the first residential area in a proposed $500 billion futuristic city that’s become a symbol of Crown...
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OETC has no plans to raise fund, says Nama group

Nama Holding said that its subsidiary Oman Electricity Transmission Co. has no plans to raise additional fund this year as the firm has already...
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