Qatari companies have entered into agreements with Iraq’s National Investment Commission to undertake projects valued at $9.5 billion, including the construction of two power plants with a combined capacity of 2,400 megawatts (MW), according to press statements released on Sunday. UrbaCon Trading & Contracting Company (UCC Holding) and the investment commission signed a 25-year public-private […]
News
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Dubai inaugurates world’s largest solar park
The fifth phase of the project will provide clean energy to 270,000 residences in Dubai
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Iraq invites foreign bids for contracts in 11 new gas blocks
Iraq has invited foreign companies to bid for contracts to explore and develop natural gas reserves in 11 new blocks as the OPEC member seeks to produce much-needed natural gas for power stations and cut imports that weigh on the country’s budget, Reuters reported. Eight blocks are located in western Anbar province, one in the […]
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Oman awards $6.7 billion contract for world’s largest green hydrogen plant
Construction of Duqm’s massive green hydrogen plant is scheduled to start in 2028
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Kuwait appoints new oil minister
Kuwait formed a new cabinet on Sunday and appointed Saad Al Barrak as oil minister to replace Bader Al-Mulla, Reuters reported. Sheikh Ahmad Nawaf Al-Ahmad Al-Sabah, who was re-appointed as prime minister last week, formed the new cabinet announced in a decree carried by the state news agency KUNA. The Gulf Arab state also reappointed […]
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Breaking: Saudi Arabia sights Dhul Hijjah moon; announces Eid Al Adha 2023 date
Saudi Arabia on Sunday announced that Monday, June 19, will mark the first day of Dhu Al Hijjah, after sighting the new crescent in the Kingdom. ”Arafat Day will fall on Tuesday June 27, while Wednesday will be the first day of Eid Al Adha,” according to a statement by the Saudi Supreme Court. The […]
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Jordan’s Risha gas compression project to begin operations this year: Minister
Jordan’s gas compression plant (Jordan chlorine) that is currently under construction in the Risha area, will complete installation of gas units in two months and will be commercially operational by the end of this year, the Jordan Times reported, citing Jordan’s Minister of Energy and Mineral Resources Saleh Kharabsheh. The gas plant, which is one […]
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