Oman implementing $26bn oil and gas, petchem projects
Oman is currently implementing a string of projects worth $26 billion aimed at the sultanate's economic diversification, a senior official...
Energy
Qatar ready to export electricity to GCC countries: Al Khalaf
Qatar would be ready to export its excess energy capacity to other countries in the region, including countries in the...
Qatar announces launch of $10bn Energy Bank
Qatar yesterday announced the launch the world’s largest Shariah-compliant ‘Energy Bank’ with a targeted capital of $10bn (QR36.41bn) to finance...
Saudi’s Acwa Power plans $3bn investment in Egypt
Saudi-based Acwa Power, a major developer of power and water desalination projects, is set to invest around $3 billion in...
Eni announces new gas discovery in Egypt
Italian Oil Company Eni announced on Thursday a new gas discovery under evaluation in the Nour exploration prospect located in...
Plan for 24/7 electricity in Lebanon sparks interest
A new power plan that aims to solve Lebanon’s electricity shortage for good has gained “immense interest” from three major...
Saudi Arabia reveals details of $1.5bn solar energy plan
Saudi Arabia has revealed details of Phase Two of its National Renewable Energy Program (NREP) that will see seven solar...
Egypt signs $20mn agreement with German DEA to explore oil, gas
Minister of Petroleum Tarek el-Molla signed a new petroleum agreement with German company DEA, with investment worth $20 million. Petroleum...
QR11bn Umm Al-Houl Power project to be inaugurated soon
Amir H.H. Sheikh Tamim bin Hamad Al Thani will soon inaugurate the QR11bn Umm Al-Houl Power project, which is one...
UAE unveils $1.6bn water, power projects in Northern Emirates
HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today (March 6) announced the...
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