Wednesday, April 24, 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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Sohar-3 Power Plant to be operational in Q1 2019

Oman’s second largest power plant with a net capacity of 1,710 megawatts will be commissioned in the first quarter of 2019 The commercial operations of...
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Saudi Arabia Plans Spate of Water Project Privatizations in 2019

Saudi Arabia plans to tender or award six water-related projects in 2019 as it pushes ahead with a privatization program that got off to...
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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 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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Saudi Arabia’s Long-Delayed Banking Hub Gets a Trendy Makeover

There might not be any banks yet in the King Abdullah Financial District, but on a sunny afternoon, the once-stalled development in Riyadh is...
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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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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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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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