Lebanon: Ninety million dollars in funding for SMEs
Eighty million euros ($90 million) in funds will be made available to small and medium enterprises who wish to convert...
Energy
Siemens wins $319mn Iraq power plant supply order
Global technology powerhouse Siemens said it has clinched an order worth more than €284 million ($319 million) to supply gas...
Lebanon opens bids for LNG terminals
Energy and Water Minister Nada Boustani opened the tender offers from the firms interested in taking part in the construction...
Qatar growth to double in 2019 on upbeat economy: PwC
An expected increase in hydrocarbons output; non-oil expansion boosted by Qatar Petroleum's (QP) localization drive; and fresh digital investment supported...
Dewa to build five substations worth nearly $600mn
Dubai Electricity and Water Authority (Dewa) has unveiled its plans to build five new 400-kilovolt (kV) substations over the next...
Chinese fund SRF buys 49 percent stake in Acwa Power unit
Silk Road Fund (SRF), a state-owned investment fund of the Chinese government, has reached an agreement with Saudi-based Acwa Power,...
Akkar’s wind farms to be ‘operational’ in 2020
The construction of the first wind farms are due to begin “in the next 30 to 60 days” and will...
EcOrient Sustainability Conference launched under the patronage of H.E. Mrs. Nada Boustani, Minister of Energy & Water
Under the patronage of H.E. Mrs. Nada Boustani, Minister of Energy & Water, the EcOrient Sustainability Conference kickstarted yesterday during...
Alexandria discusses investing $5bn in establishing petrochemical plants
Governor of Alexandria Abdel Aziz Qensua announced discussing the establishment of a complex of petrochemical plants with investments of about...
Indian firm wins $37mn seismic contract in Iraq
Indian-based Asian Oilfield Services Limited has announced that it has won orders totalling $37 million in Iraq. The orders relate...
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