Monday 24 October 2016

Iran, Guinea partner in water, energy sectors

Iran and the Republic of Guinea have signed a memorandum of understanding (MoU) to step up cooperation in water, power and energy sectors, a report said. The pact includes the construction of power plants and hydroelectric dams in the West African state, the Iran Daily report sai


Bahrain summit focus on ethylene sector

The second Ethylene Middle East Technology Conference was formally launched in Bahrain by Oil Minister and National Oil and Gas Authority chairman Shaikh Mohammed bin Khalifa Al Khalifa yesterday (October 17), reported the Gulf Daily News, our sister publication. To read


Masdar Free Zone unveils new clean-tech licences

Masdar City, one of the world’s most sustainable urban developments, is introducing new licences to encourage entrepreneurs to set up facilities within the city’s business free zone. The announcement coincides with the 36th Gulf Information Technology Exhibition (GITE


Apicorp profits stay steady

The Arab Petroleum Investments Corporation (Apicorp), a multilateral development bank, has reported a total profit of $55.1 million for the first half of 2016. The profit was marginally lower than the first half of 2015 ($56.5 million). However, this result was achieved despite c


Dewa highlights latest smart initiatives at Gitex

Dubai Electricity and Water Authority (Dewa) is showcasing its latest technical achievements at the ongoing Gitex 2016 in Dubai, UAE. During the expo, Dewa will put on display a number of smart services and initiatives, including the Hololense-3D reality technique, in collaborati


GE opens Kuwait Technology Center

GE marked a new milestone in its operational presence in Kuwait with the opening of the GE Kuwait Technology Center (GEKTC), a flagship facility that will foster localised research, provide hands-on training and build an innovation ecosystem specifically for the power sector. App


Oman eyes large-scale solar power plants

Government support, supported by availability of detailed solar data and falling prices, mean that the time is now right to implement large scale solar power plants in Oman, a top official said. Wider scale implementation of solar power projects on the IPP model will allow Oman P


Oneic wins $2.2m Oman substation contract

Oman National Engineering Investment Company (Oneic) said it has won contracts worth RO856,108 ($2.2 million) from Mazoon Electricity Company for construction of incoming feeders and 11 outgoing feeders for the new Samad primary sub-station in Al Shaqiya North Governorate. Oneic is a l


Bahrain to host major oil technology summit

Oil refiners from across the region and Africa will discuss optimum technical solutions for the future of residue upgrading in refineries at an upcoming high level technology conference in Bahrain. The third Bottom of the Barrel Technology Conference (BBTC) and exhibition will ta


Nakilat records $205m net profit in Q3

Qatar Gas Transport Co (Nakilat), a leading shipper of liquefied natural gas (LNG), posted a net profit of QR749 million ($205.6 million) during the third quarter ended September 30, compared to QR757 million ($207.8 million) for the same period last year. The board of directors

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