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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.
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.
ACI Worldwide announces a ten-year strategic partnership with Arab Financial Services to drive digital payments modernization for banks, fintechs and merchants across MENA.
With USD 6.4 billion in fresh deals, the Kingdom is staking its claim on Syria’s future and sending a clear message: Arab-led recovery is back in focus.
KUN’s recent Series A $50 million funding round signals a pivotal moment for stablecoins, ushering in a new era of regulated, efficient, and cross-border digital payments across Asia.
Saudi-based Taiba Investments announces a strategic partnership with Hilton to bring the Waldorf Astoria Hotels & Resorts brand to the holy city of Madinah.
Ayatollah Seyed Ali Khamenei convened with Tehran’s literati and poets at the Imam Khomeini Hussainiyah in Tehran to emphasise the role poetry plays in shaping one’s own history as well future narratives in the age of social media.
Sustainable Development Policy Institute Joint Executive Director Vaqar Ahmed says that the China-Pakistan Economic Corridor (CPEC) offers a vital opportunity to diversify Pakistan’s energy mix and promote green investments at an SDPI seminar in Islamabad this week.
MEED Analyst John Bambridge says that the UAE has demonstrated remarkable economic resilience in recent years, with its non-oil sector bouncing back from Covid-19 and emerging as the real driving force behind the country’s growth.
The evolving partnership between Türkiye and Malaysia can be attributed to several factors, including shifting global dynamics, characterised by China’s ascent and the waning influence of the United States in the Middle East and Southeast Asia.