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.
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%.
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.
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.
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.
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.
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.