Persian Gulf

Kuwait PPP developer recommends cash dividends of 25 fils – Kuwait

Shamal Az-Zour Al-Oula Power and Water Company, the first power generation and water desalination company and the first Public-Private Partnership (PPP) project to be listed in Kuwait, said its board of directors has recommended a cash dividend payout of 25 fils per share.

This will be the company’s first dividend and relates to the retained earnings for the period from 2017 to 2019 and is subject to lenders’ approval, said the statement from the Kuwait group. 

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Qatar’s Industrial Production Index increases 6% in May – Qatar

The monthly Industrial Production Index (IPI) of Qatar for May 2020 reached 104.2 points, an increase by 6.0% compared to the previous month, and decrease by 2.0% when compared to the corresponding month of 2019.

Issued by the Planning and Statistics Authority, this index details the growth of various industrial sectors in economy such as mining, manufacturing, electricity production, and water production and desalination.

The Industrial Production Index consists of three main components: ‘Mining’, with a relative importance of 83.6%, ‘Manufacturing’ with a relative importance of 15.2%, ‘Electricity’ with a relative importance of 0.7%, and finally ‘Water’ with a relative importance of 0.5%.

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Iran to Run Desalination Plants in 17 Provinces – Iran

In remarks on Tuesday, Ardakanian said his ministry has devised serious plans to carry out seawater desalination projects in 17 provinces.

He noted that feasibility studies have begun to launch desalination facilities at a distance of 100 kilometers from the sea.

Pointing to the growing progress in the seawater desalination facility technology in the world, the minister said advanced technology would reduce the cost of saltwater desalination.

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Assets of Oman’s Tanweer surge 26pc to RO 533m in 2019 – Oman

The Rural Areas Electricity Company (Tamweer), a subsidiary of The Electricity Holding Company (Nama Group), has reported an impressive 26 percent growth in the value of its nationwide assets, which rose to RO 533 million at the end of 2019, up from RO 422 million a year earlier.

It underscores wholly-government-owned Tanweer’s increasingly important role as the sole provider of electricity and potable water to vast swathes of the Sultanate that lie far beyond the coverage of the nation’s main power and water grids.

Included in the company’s jurisdiction are the governorates of Musandam and Al Wusta, parts of Al Dakhiliyah and South Al Sharqiyah, and much of Dhofar – aggregating around 73 per cent of the land area of the country.

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SEA, UoB discuss use of renewable energy in water desalination – Bahrain

Manama, May 10 (BNA): President of the Sustainable Energy Authority (SEA), Dr. Abdulhussain bin Ali Mirza, held a virtual meeting with the University of Bahrain (UoB).

The remote video meeting, in which Dr. Waheeb Al-Nasser, Dr. Hanan Al-Buflasa, Dr. Mohammed Ridha, Dr. Muammar Talib and Dr. Nour Al-Din Mansour and a number of SEA officials participated, followed up on the developments of the joint SEA- UoB research cooperation agreement on the use of renewable energy in water desalination.

Dr. Mirza said that the meeting aimed to support the efforts and goals of the Water Resources Council, led by Deputy Premier, Shaikh Khalid bin Abdulla Al Khalifa, to ensure the sustainability of water resources in the kingdom.

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Veolia Oman mobilises to maintain water, waste services – Oman

Since the beginning of the crisis, global water solutions specialist Veolia has put in place business continuity plans specific to each country that focus primarily on producing and supplying drinking water and treating wastewater, preserving waste collection operation, safeguarding energy management activities in cooling networks, performing industrial on-site services to ensure industrial continue to operate and upholding its activities processing hazardous waste, which is vital to maintaining key industrial operations.

In Oman, the men and women of Veolia who are highly experienced in managing crisis, draw on the Group’s solid organisation and tried and tested methods to carry out duties, even in the most difficult and critical conditions.

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Doosan Vina exports desalination equipment to Bahrain – Bahrain

Doosan Heavy Industries Vietnam (Doosan Vina) has exported three huge desalination devices with a total weight of over 2,000 tonnes to Bahrain, a company representative announced on April 7.

The three devices – Evaporator, Final-Effect, and Seawater Heater – are part of the Bapco MED project in Bahrain that Doosan Vina signed with Samsung Engineering Construction Limited in October 2018.

They will be used to heat and desalinate seawater into distilled water at Bapco.

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AIIB in lending syndicate to Oman solar power project – Oman

THE Asian Infrastructure Investment Bank (AIIB) is amongst the lenders on the 500MW Ibri II solar power project in Oman.

Last week lead sponsor ACWA Power of Saudi Arabia announced that it had reached financial close on the project, via a US$275 million senior debt facility with a maturity of 16.5 years.

The six mandated lead banks are AIIB, Standard Chartered Bank, Bank Muscat, Riyad Bank, Siemens Bank, and Warba Bank. AIIB is providing US$60 million.

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New initiative to strengthen water desalination sector in Oman – Oman

France-headquartered resource management specialist, Veolia, has joined forces with Oman’s Sembcorp Salalah Power and Water Company, and Sohar Operation Services, to launch an apprenticeship initiative aimed at elevating the quality of talent entering Oman’s desalination sector.

The nine-month programme will include theoretical learning within a classroom environment as well as on-the-job training for Omani mechanical and electrical engineering graduates from the Sultan Qaboos University and the Salalah Technology College.

The apprenticeship programme is certified by the Ministry of Manpower in Oman and is based upon the National Vocational Qualification (NVQ) Level 4, which is UK’s work-based qualification that tests candidates on their knowledge and skills for technical and professional work-related activities.

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MEDRC and USAID announces desalination innovation drive – Oman

In partnership with USAID, MEDRC has launched an international call for research proposals in a bid to spur innovation in small scale desalination technologies.

To engage the broadest possible community of researchers and innovators from across the world, MEDRC’s desalination innovation strategy has two approaches – an innovation inducement prize called the ‘Oman Humanitarian Desalination Challenge’ carrying a $700,000 cash prize, and the international research call announced today with support from USAID.

The Oman Humanitarian Desalination Challenge Prize is a joint initiative led by MEDRC and The Research Council (TRC) with funding provided by the Sultan Qaboos Higher Centre for Culture and Science. The $700,000 USD cash prize will be awarded to the team or person that delivers a hand-held, low-cost, off-grid desalination device that can be rapidly deployed in the aftermath of a humanitarian crisis.

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