Saturday 28 March 2015
 
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power company

Jordan power firm strikes deal with union

Amman-based Central Electricity Generating Company (CEGCO) has signed a collective labour agreement (CLA) with the Electricity Workers Union in Jordan, settling all their demands. As per the deal, CEGCO has agreed to grant all emp

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Oman power firms soar on debut listing

Shares in Omani power firms - Al Suwadi Power Company and Al Batinah Power Company - surged on their debuts on Monday after heavily oversubscribed initial public offer. Al Suwadi jumped 25 per cent to 0.163 rials and Al Batinah al

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Oman power companies start trading today

Shares in Omani power firms Al Suwadi Power Company and Al Batinah Power Company will begin trading today (June 23) after their initial public offerings (IPOs) were both multiple-times oversubscribed by investors. The two electric

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Oman power companies start trading today

Shares in Omani power firms Al Suwadi Power Company and Al Batinah Power Company will begin trading today (June 23) after their initial public offerings (IPOs) were both multiple-times oversubscribed by investors. The two electric

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Saudi firm eyes Malaysian power assets

Saudi Water & Electricity Company has emerged as the highest bidder for the power assets of Malaysian tycoon Ananda Krishnan estimated to be worth over $3 billion, the Star newspaper reported on Saturday, citing unidentified sources. K

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Saudi's Acwa buys key stake in Jordan firm

Acwa Power International, a leading water desalination and power generation company in Saudi, said it has acquired a 65 per cent controlling stake in Jordan-based Enara Energy Investments. In addition to this, Acwa Power also ann

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