Friday, September 21, 2018
Directory Directory Subscribe
Login
 

Orascom Construction, Siemens to rebuild power plant in Iraq

 
 

Please, enter data

Please, enter data

Zawya, 8 July 2018

Orascom Construction Egypt will partner up with German industrial conglomerate Siemens to rebuild Baiji power plant in Iraq after it was destroyed by ISIS, Iraq's commercial attaché to Cairo Haidar Nouri Al-Jabr said.

He added that both firms will work on boosting the production capacity of the power plant to 1,500 megawatts, according to Almal News.

In April 2012, the Iraqi electricity ministry had signed a deal with Orascom to set up a 960-megawatt power plant at a total cost of $363 million.

Orascom Construction last posted it turned to losses in the first five months of 2018, recording a standalone loss of $537,600, versus a net profit of $6.48 million in the same period a year earlier.

Zawya
08/07/2018

  COMMENTS
Login to Add Your Comment  (for subscribers) | Subscribe

 

Latest News

Cyprus, Egypt sign deal for gas pipeline in Mediterranean
The Daily Star, 20 September 2018

Cyprus and Egypt signed an agreement paving the way for the Mediterranean’s first subsea pipeline to carry Cypriot natural gas to the Arab country for ...

Read full story
Cyprus, Egypt sign deal for gas pipeline in Mediterranean
Siemens to boost power output at Al-Sadder
Iraq Business News, 19 September 2018

In line with Iraq’s goal to improve the efficiency and availability of the country’s power plants, Siemens will provide inspection and upgrade services ...

Read full story
Siemens to boost power output at Al-Sadder
Tivoli Hotels expands to Qatar
Hospitality Design, 19 September 2018

Tivoli Hotels has announced its expansion into Qatar with the newly debuted Souq Al Wakra Hotel Qatar by Tivoli in the historic coastal settlement and trading ...

Read full story
Tivoli Hotels expands to Qatar
Agriculture minister: $26bn volume of trade with EU
Egypt Today, 18 September 2018

Minister of Agriculture and Land Reclamation Ezzedin Abu Steit said Tuesday the European Union is Egypt's first partner in terms of exports and imports.
...

Read full story
Agriculture minister: $26bn volume of trade with EU
Back to Home Page 815 --- 0 <><><> 207.83333333333.....exvideo=0....eximage=0
P 0
BR 9

 
Future Traffic Security
24 - September 2018
Building Capability and Future Careers
24 - September 2018
Global Road & Traffic Safety Forum - Abu Dhabi
24 - September 2018
KSA Manufacturing Tech Show
22 - October 2018
3rd Annual RetrofitTech KSA
29 - October 2018
 
  View more  

Market Indecies
 
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%
 

Quick Links
  Reports  
  Articles  
  Brochures & Flyers  

Up-coming events
  Iraq Agrofood Baghdad - 8 October - 11 October 2018  
IFP Group Events Calendar

Magazine sections
  Finance  
  Zoom  
  Growth Markets  
  Regional Overview  
  Editorial  
  Tips and Tricks  
  Spotlight  
  Home Finance  
  Our Meetings
 
  Focus
 
  News
 
  Legal Issues
 

 

               
IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Lebanon
Beirut Boat
Energy Lebanon
Project Lebanon
Qatar
Hospitality Qatar
HQ - Food Qatar
Project Qatar
Iraq
Iraq Agrofood Baghdad
Saudi Arabia
Riyadh Motor Show
 
 
  IMC
IFP Group 2018 - © All rights reserved