Despite concerns about long lead-times for many of the planned projects across the country and the potential for rising construction costs, Business Monitor International (BMI) has maintained an “overall bullish” outlook for Qatar’s construction sector. “A strong commitment to public spending coupled with the most attractive and stable business environment in the region will help […]
MUSCAT — To enhance the flow of electricity supply in all governorates of the Sultanate, Oman Electricity Transmission Company is currently carrying out projects worth RO 275 million, including new power stations and expansions of existing stations. Ali Al Haddabi, CEO of Oman Electricity Transmission Company , said that work will begin shortly on the setting up of Al […]
KHOBAR, Saudi Arabia, Aug 29 (Reuters) – Saudi Arabia and Kuwait have shelved their project to develop the Dorra offshore gas field after disagreeing over how to share the gas back on land, a senior Kuwaiti energy source said. Dorra has long been a bone of contention between Kuwait and Iran, which also lays claim […]
JEDDAH – The total investment in Kuwait’s water sector between 2005 and 2014 stands at $5.28 billion, Kuwait Financial Centre (Markaz) said recently in its report on the country’s water sector. Highlighting the demand, supply and investment trends in the sector, the report noted that water treatment plants saw highest investment at $3.4 billion. In 2010 […]
JEDDAH – Strong economic and demographic growth associated with rapid urbanization has led to an increase in energy demand to meet rising electricity and desalinated water needs in the Middle East and North Africa (MENA) region, the International Renewable Energy Agency (IRENA) and Renewable Energy Policy Network for the 21st Century (REN21) said in their […]