Taqa consortium to build the world’s largest solar plant
Taqa and Masdar said their consortium with partners French group EDF and China’s JinkoPower will develop the world’s largest solar plant.
AMMROC to become wholly owned by EDGE Group
EDGE Group acquires the remaining 40 per cent stake currently held by Lockheed Martin Corporation and Sikorsky in AMMROC.
Nesma, Almabani awarded airport contract
Red Sea Development Company has awarded its largest value contract to date to Nesma and Almabani for airside infrastructure works.
SAGO completes first phase of privatization
Saudi Grains Organization (SAGO) and National Center for Privatization and PPP (NCP) have completed the privatization of two milling companies.
Alan Smith joins Agthia Group as CEO
Agthia Group PJSC, one of the region’s leading food and beverages companies, today announced the appointment of Alan Smith as its new Chief Executive Officer.
ADPower transfers its power assets to Taqa
ADPower transfers the majority of its power and water generation, transmission and distribution assets to Taqa in exchange for 106,367,950,000 new shares.
ExxonMobil Qatar names Dominic Genetti as President, GM
ExxonMobil Qatar has announced the appointment of Dominic Genetti as president and general manager for the company, effective July 1, 2020.
Adnoc Gas Pipeline Assets Company formed
Abu Dhabi has formed Adnoc Gas Pipeline Assets Company with a consortium of six global investors to lease the rights to 38 pipelines.
SWF of Bahrain reports BHD 52.8 million loss for 2019
Mumtalakat, the SWF of Bahrain, has announced its consolidated financial results for the year ended 31st December 2019, reflecting solid performance.