Alstom wins €170 million Saudi contract on steam generators
Alstom has secured another important contract in the Kingdom of Saudi Arabia following its selection by lead contractor Hyundai Heavy...
Power & Electricity
Iraq signs $160 million power contract with Siemens
Iraq's Ministry of Electricity has signed a contract with Siemens worth $160 million for the rehabilitation of the Baiji electrical...
Saudi diesel generators market to cross $400 million
The size of diesel generators market in Saudi Arabia will exceed SR1.5 billion ($400 million) amid increasing demand due to...
GCC states plan $10.5 billion water network
A $10.5 billion water network including two desalination plants to serve the entire GCC was discussed during a meeting between...
Saudi electric power investment seen at $80 billion by 2020
Saudi Arabia plans to invest more than $80 billion in electric power sector by the end of 2020, with the...
Bahrain invests in renewable energy
With the Kingdom’s first solar plant scheduled for commission by the end of 2013, and the tender for a second...
$283 billion to be invested for power generation in the Middle East and North Africa
With electricity demand in the Middle East and North African (MENA) countries set to grow at an average annual rate...
Westinghouse, Toshiba, Exelon JV to target Saudi nuclear power projects
A joint venture between U.S. and Japanese firms Westinghouse Electric Co., Toshiba Corp. and Exelon Nuclear Partners announced a memorandum...
$155 billion solar energy projects planned in GCC
The GCC region is well on its way to becoming one of the world’s major green energy producers, with solar...
Korean consortium to build Jordan's first nuclear reactor
A South Korean consortium has been officially licensed to build Jordan's first nuclear reactor following over two years of technical...
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