Business

Libya has allocated USD 1.23 billion to develop the Hamada NC-7 concession in its latest budget, which was approved by Libya’s eastern-based parliament last month, according to a recent MEED report.

UK legal firm Ashurst Senior Associates Jason Gouveia and Joanne McGuire discuss why concerns about whom ultimately bears the payment risk in a PPP arrangement becomes highly relevant in gigaprojects.

According to Taqa CEO Omar Al Hashmi, the global demand for renewable energy is increasing. However, the windiest and sunniest parts of the world are not where the need for energy is highest. This is where transmission plays a big role, linking energy generation to energy use as a product of global interconnection, and diversifying production from renewable sources to create a steadier supply of clean power. 

Morocco has opened a pre-qualification round in a tender for the construction and operation of a 400-MW wind farm complex in the northern part of the North African Kingdom today.

An industrial and energy project valued at an estimated USD31.8 billion topped the recent investment agreements reached between the UAE and Oman following Sultan Haitham Bin Tariq’s visit to the UAE capital earlier this week.

UAE-based Real Estate platform is offering users the opportunity to list their properties for free for a limited time only.

TotalEnergies CEO Patrick Pouyanné met with His Majesty Sultan Haitham bin Tariq Al Said and Minister of Energy HE Eng. Salim bin Nasser Al Aufi to reaffirm the long-term partnership between TotalEnergies and the Sultanate of Oman as well as launch the Marsa LNG Project during a meeting in Muscat this week.

Deputy Minister of Destinations Enablement Mahmoud Abdullhadi introduces the Tourism Investment Enablers Program at the recent International Hospitality Investment Forum in Saudi Arabia this month.