Abdul Latif Jameel Energy expands role in Middle East water sector
Agreements in Egypt and Bahrain open up new markets for company Follows recent contract wins in Saudi Arabia and Kenya May 12, 2019: Abdul Latif Jameel Energy has stepped up its active participation in the Middle East’s water sector with two agreements expanding its presence in Egypt and Bahrain. Almar Water Solutions, Abdul Latif Jameel Energy’s dedicated water solutions unit, formed a joint venture with HA Utilities (HAU), part of Hassan Allam Holding (HAH), to provide sustainable water infrastructure solutions to municipal and industrial clients across Egypt. Drawing on the extensive sector experience of both ......Read More
Sunday, May 12, 2019
Saudi Arabia's TAQA Announces North American Investment and Acquisition Plans at Offshore Technology ...
Aims to invest over $1 billion in new investments and acquisitions over the next 3 years, including the acquisition of two North American companies in oilfield services technology and manufacturing TAQA’s 2021 Strategy is to become a leading oilfield services and equipment provider, targeting new markets in the wider Middle East & ......Read More
Monday, May 6, 2019
Saudi Energy Minister to Bloomberg TV: No plans to deepen oil production cuts
Riyadh, Monday 8 April, 2019: Khalid Al-Falih, Saudi Arabia’s Energy Minister, said the Kingdom does not plan to deepen its oil production cuts. He added that oil markets are “healthy.” Speaking to Manus Cranny, Bloomberg Television, Al-Falih said that the OPEC+ meeting in May will be a “key” gathering. He added that it’s still “premature” to decide if they will cut inventory. Other highlights from the interview include: Investor demand for Saudi Aramco’s debut dollar bond has exceeded $30 billion, Al-Falih said. The securities, which haven’t priced yet, will be the first of ......Read More
Monday, April 8, 2019
Acciona to build one of Saudi Arabia's biggest desalination plants for approx. 500 million euros
Shuqaiq 3 will have a capacity to produce 450,000 cubic metres per day and serve 2 million people This will be the company's third such facility, after Al Khobar 1 and Al Jubail RO4 (built in 2015) With these three projects, the Spanish company will provide water to more than 3 million people 30 January 2019, ......Read More
Wednesday, January 30, 2019
Aramco CEO to Bloomberg: Speaking to credit rating agencies before landmark bond deal
January 23 2019, Saudi Arabia: Speaking to Bloomberg Television’s Jonathan Ferro, Saudi Aramco CEO Amin Nasser said the oil giant is talking to credit rating agencies in preparation for its foray into the international bond market. Aramco is looking at a potential bond sale to pay for SABIC. Other highlights include: “We will decide soon how much we would like to take from the bond market. Definitely it is going to be an international bond. We are currently in discussion with regard to how much and where.” Aramco has no intention of buying more than 70% in SABIC Aramco’s 2018 results are “great” ...Read More
Wednesday, January 23, 2019
Saudi Plastic and Petrochemical Exhibition 2019 set to launch with government and private sector bac ...
Big opportunities to help increase petrochemical output in the Kingdom to USD 453.3 billion by 2030 January 23, 2019 – Under the patronage of His Royal Highness Prince Mishaal Bin Majid bin Abdulaziz Al Saud, Governor of Jeddah, the Jeddah Centre for Forums and Events is set to host the 16th edition of the Saudi Plastic and ......Read More
Wednesday, January 23, 2019
The Kingdom of Saudi Arabia's Minister of Energy, Industry, and Mineral Resources Visits Barakah Nuc ...
H.E. Eng. Khalid bin Abdulaziz Al-Falih witnessed the significant progress being made at Barakah 16 January 2019: H.E. Eng. Khalid bin Abdulaziz Al-Falih, Minister of Energy, Industry, and Mineral Resources for the Kingdom of Saudi Arabia (KSA) expressed his appreciation for the significant development of the ......Read More
Wednesday, January 16, 2019
Global Energy Forum: His Excellency Khalid Al-Falih's address on day three
Dubai, UAE, January 13, 2019: As part of the third Global Energy Forum, His Excellency Khalid A. Al-Falih, Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi Arabia delivered the opening address for day three of the Forum. His Excellency Al-Falih later joined Frederick Kempe, President and CEO of the Atlantic ......Read More
Sunday, January 13, 2019
Saudi Plastics and Petrochemicals Exhibition 2019 attracts strong support from public and private se ...
Event to highlight contributions of petrochemicals to local economic diversification efforts Saudi Arabia, January 07, 2019- Under the support of Diamond Sponsor SABIC, the 16th Saudi Plastics and Petrochemicals Exhibition will convene local, regional, and international industry leaders to discuss the latest technologies, services, ......Read More
Monday, January 7, 2019