Latest MEA News

  • Extra time for Manah I & II bidders

    OPWP has extended the RFP deadlines for its 1GW Manah I and II solar IPP projects

  • Large renewables-backed hydrogen project announced in Oman

    An InterContinental Energy-led consortium has announced the development of a hydrogen project in Oman which will be backed by 25GW of solar PV and wind farms

  • IFC to lend on MENA healthcare provider

    The IFC is considering a $45 million loan to Jersey-registered healthcare provider Integrated Diagnostics Holdings to fund expansion plans in Egypt and beyond

  • JICA set to lend on local Moroccan infra projects

    JICA has agreed with Morocco’s Fonds d’Equipment Communal a $165 million loan agreement to finance a range of infra projects for local governments in the North African state

  • Equinor signs O&G MoU in Algeria

    Energy giant Equinor has signed a memorandum of understanding with Algeria’s state-owned oil company Sonatrach for exploration and production opportunities

  • OPWP updates schedule for Manah solar I and II

    OPWP has added a year each to the expected commercial operations date for the 1GW Manah I and II solar IPP projects

  • ACWA Power issues maiden sukuk

    Saudi water and power developer ACWA Power has issued a SR5 billion ($1.3 billion) sukuk – the company’s first ever

  • Deadline extension for REPDO3 Category B

    Saudi Arabia’s REPDO has extended the bid deadline for the 1GW Category B under its third renewables round

  • Helios Towers set to acquire Oman sites

    Telecoms operator Helios Towers has agreed to acquire 2,890 telecom tower sites in Oman from majority state-owned Omantel for the sum of $575 million by the end of 2021, subject to approval

  • Cranmore takes gas-fired IPP advisory role

    Cranmore Partners has been appointed the financial adviser on the 7GW gas-fired IPP programme being implemented by the Saudi Electricity Company

  • DEWA signs data centre deal with Huawei

    DEWA digital infra subsidiary Moro Hub has signed an agreement with Chinese telecoms company Huawei to develop a data centre at the Mohammed bin Rashid Al Maktoum Solar Park

  • SHUAA sells stake in Mirfa IWPP

    Dubai-based asset management firm SHUAA Capital has sold a 20% shareholding in the 1600MW Mirfa IWPP project company to Japanese conglomerate Sojitz Corporation

  • ADIO issues RFQ for Zayed City Schools PPP

    The Abu Dhabi Investment Office has issued the RFQs documents for the Zayed City Schools PPP

  • Centamin awards EPC contracts for Sukari solar hybrid captive

    Mining company Centamin has awarded EPC contracts to juwi and Giza Systems to develop a $37 million, 36MW solar PV and 7.5MW energy storage system project at the Sukari Gold Mine project near the Red Sea in Egypt

  • Race heats up for REPDO3 Category B

    At least 3 bidding groups are in the race for the 1GW of solar PV offered under Saudi Arabia’s REPDO3 Category B

  • Jazan IGCC goes out to banks for second time

    The $7.2 billion debt financing of the $12 billion, 3.8GW Jazan IGCC power plant has been relaunched, a source close to the deal told IJGlobal

  • Three bids in for REPDO3 Category A

    Saudi Arabia’s REPDO has received bids from 3 consortia for the 200MW Category A of its third renewables round

  • Morocco wind farm to go online this year

    InnoVent Maroc is gearing up to production on one of Morocco’s first private wind farms

  • Lamprell wins offshore contract with Saudi Aramco

    Lamprell has been awarded an EPCI contract for offshore production services by Saudi Aramco in Saudi Arabia