Monthly Archives: Dezember 2018

Sweet water for Vietnam – Vietnam

Aware of the importance of coping with effects of climate changes in agriculture production, a specialised Belgian engineering consultancy firm, Asian Infrastructure Engineering and Investment (AIEI) is partnering up with the Vietnamese government to expand green energy investments into the country.

AIEI is a sister company of the investment company Rent-A-Port, which is well-known for the development projects of DEEP C (Dinh Vu) Industrial Zones in Vietnam.

For the desalination mission, AIEI is collaborating with SCE, a company of Keran Group from France, enabling public and private parties to benefit from a global approach in development projects.


Mubadrah to manage Rusayl Industrial City in Oman – Oman

The Public Establishment for Industrial Estates (Madayn) has signed an agreement with Oman Investment and Development Holding Company (Mubadrah) for the latter to manage and develop Rusayl Industrial City.  

The agreement was signed by Ahmed bin Hassan Al Dheeb, chairman of Madayn’s board of directors, and Hilal bin Hamad Al Hasani, chairman of Mubadrah’s board of directors.


Welcome rains arrive in Israel as threat of sixth year of drought looms – Israel

A massive storm front arrived in Israel on Thursday, as heavy downpours spread from the north to the southern coastal plan, helping to abate a six-year drought that has severely depleted the Kinneret.

The storm system was accompanied by a significant drop in temperatures and risk of flooding in the Judean Desert, the Dead Sea region and the Jordan Valley.

Authorities are warning travelers to beware of flash floods in those areas, and are issuing an advisory to avoid driving on flooded roads, to adjust driving speeds and to maintain safe trailing distance on the road.


Saudi Arabia: 18 Projects Worth $3.2 Bn to Enhance Quality of Drinking Water – Saudi Arabia

Saudi Minister of Environment, Water and Agriculture, Abdul Rahman al-Fadhli, launched a plan to implement 18 water projects of $3.2 billion cost over the next ten years to enhance the quality of drinking water all over Saudi Arabia.

Speaking at the headquarters of the Chamber of Commerce in the Eastern region, Fadhli said that Water and Electricity Company (WEC) will change its name soon to the “Water Projects” pointing out that the new company will purchase water and will be tasked with water services, treatment, transport and storage to serve the private sector and investment seekers.


Saudi Arabia to tender six water projects in 2019 – Saudi Arabia

Saudi Arabia plans to tender or award six water-related projects in 2019 as it pushes ahead with a privatization programme that got off to a slow start, said a report.

The cabinet recently approved the tendering of seven desalination and wastewater projects, reported Bloomberg.


Acwa Power wins contract to develop Saudi water desalination plant – Saudi Arabia

Saudi Arabia’s utility developer Acwa Power won a contract to develop the Rabigh 3 independent water-desalination plant (IWP) located on the kingdom’s Red Sea coast.

The Riyadh-based company submitted the lowest price among five bidders and its consortium with Saudi Brothers Commercial Company was selected to develop the desalination plant, Acwa Power said in a statement on Tuesday.


Sultanate signs RO150mn loan agreements to finance development projects – Muscat

The Ministry of Finance and the Arab Fund for Economic and Social Development (AFESD) on Monday signed two loan agreements worth RO150mn for financing development projects in the sultanate.

The two agreements were signed by H E Darwish bin Ismail bin Ali al Balushi, Minister Responsible for Financial Affairs and Abdullatif Yousef al Hamad, chairman and director general of AFESD.

The first agreement worth RO89mn will be utilised in financing part of the project for enhancing the water pipelines in the governorates of Batinah (from Sohar to Barka).


EGA, Mubadala and Dubal Holding to develop Dh1bn power plant in Jebel Ali – Dubai

Emirates Global Aluminium, Mubadala Investment Company and Dubal Holding will develop a power generation facility and water desalination plant worth more than Dh1 billion ($272.3 million) at EGA’s aluminium smelting facility in Jebel Ali.

Mubadala and Dubal Holding agreed to form a joint venture to develop the new facility, according to a joint statement on Tuesday. EGA will buy power from the new JV for 25 years once the facilities are operational.


Saudi to offer $9.6bln water projects in Q1 2019 – Saudi Arabia

Saudi Arabia intends to offer water and farming projects worth around 36 billion Saudi riyals ($9.6 billion) to investors in the first quarter of 2019, a newspaper in the world’s largest oil exporter reported on Sunday.

The Environment, Water and Agriculture Ministry will issue tenders for the projects as part of plans to expand desalinated water and farming production in the Gulf kingdom, the Arabic language daily Aleqtisadia said.


Egypt wins $131m Kuwait funding for desal projects – Egypt

Kuwait Fund for Arab Economic Development (KFAED) said it has signed a deal with Egyptian government to provide funding worth KD15 million ($50 million) for the construction of four water desalination plants in South Sinai region of the country.

The duo also signed another loan deal under which the Kuwait Fund would present an additional loan worth KD25 million ($85 million) to the Egyptian government for development works.