Latest MEA News

  • Herbert Smith Freehills gets Cross

    Herbert Smith Freehills has hired Christopher Cross as a partner in the firm’s projects practice in the Middle East

  • ADIO prequalifies 5 for Zayed City Schools PPP

    ADIO has prequalified 5 consortia for the Zayed City Schools PPP

  • Eni signs hydrogen agreement in Egypt

    Eni has signed an agreement with the Egyptian Electricity Holding Companyand the Egyptian Natural Gas Holding Company to asses the commercial and technical feasibility of green hydrogen projects in the country

  • Vortex Energy raises $200m for fourth fund

    Vortex Energy has reached a $200 million first close for its fourth fund

  • TAQA and Abu Dhabi Ports sign ammonia MoU

    TAQA Group and Abu Dhabi Ports have signed an MoU to develop a 2GW green ammonia export plant powered by solar energy

  • Tender launched for 8 Saudi multipurpose terminals

    Saudi Ports Authority has invited expressions of interest for the development of 8 multipurpose terminal concessions – titled the Mawani Priority Concessions

  • ADNOC appoints adviser for drilling IPO

    ADNOC has mandated Goldman Sachs to advise on a possible IPO of its ADNOC Drilling subsidiary

  • ACWA Power IPO back on track

    Saudi Arabia’s Capital Market Authority has approved an initial public offering in Saudi power and water developer ACWA Power at 11.1%

  • Qatar Petroleum raises $12.5 billion bond

    Qatar Petroleum has raised $12.5 billion in a multi-tranche bond offering to support its future growth plans

  • ENEC and EDF sign nuclear energy MoU

    The Emirates Nuclear Energy Corporation has signed with French power developer EDF a memorandum of understanding (MoU) to cooperate on nuclear energy R&D

  • PDO plotting solar plus storage at Block 6

    Petroleum Development Oman is planning to procure a 100MW solar PV and 30MW battery storage project to be developed in the northern part of its Block 6 concession in Oman

  • More time for Al-Dibdibah advisory bids

    KAPP has given consultancy firms more time to bid on the advisory roles of the Al-Dibdibah solar IPP

  • IFC arranges loan for Iraqi gas flaring reduction

    The IFC has arranged a $360 million loan signed with the Basrah Gas Company to support one of the world’s largest gas flaring reduction projects

  • Alfanar in for Qiddiya utilities

    Qiddiya Development Company has selected Alfanar as the preferred bidder for the utilities component of the Qiddiya entertainment megaproject in Saudi Arabia

  • SWPC launches tender for Dammam West outfall pipeline

    SWPC has invited EoIs for an outfall pipeline project which will be used to serve the Dammam West Independent Sewage Treatment Plant

  • Masdar set to develop 2GW of solar PV in Iraq

    The government of Iraq has signed with Mubadala’s renewables arm Masdar a heads of agreement to develop up to 2GW of solar PV in the Middle Eastern state

  • Standard Chartered promotes PF head Husain

    Standard Chartered Bank has again expanded Abbas Husain’s responsibilities as managing director and head of project & export finance to cover the West

  • Canadian Solar secures €50m loan from Santander

    Canadian Solar has received a €50 million loan from Santander to deploy it on a pipeline development in Europe and the Middle East and Africa

  • Engie-led team signs project docs for Jubail 3B IWP

    SWPC has signed with an Engie-led consortium the project documents for the Jubail 3B IWP