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UAE's Utico agrees to extend Hyflux restructuring deadline
Utico improves RA offer & keeps recovery to senior creditors intact, P&P to benefit further, Oman, Algeria shareholders to get relief
ELIPS completes 10 years of operation in manufacturing of pre-insulated pipes
The company has generated over AED812 million of sales since its inception, produced over 500 km of pre-insulated pipes and served to more than 150 projects in the UAE, Oman, Kuwait, Saudi Arabia and Egypt
Disassembling the myths of the waste to energy plants in the Middle East
Before the appearance of Covid-19, rapid economic development in the region has improved the quality of life for people across the Gulf, but the down side is that it is accompanied by a heavy increase in the amount of municipal solid waste
DEWA launches Smart Living initiative to drive conservation
The Smart Living initiative includes a set of awareness and incentive programmes to conserve and manage their electricity and water consumption
Masdar, Uzbekistan Government sign PPA agreement to develop landmark 500MW wind project
Under the agreements, Masdar will develop, build and operate the wind farm project, which will be located in the Zarafshon district of the Navoi Region. Commercial operation is expected to be achieved in 2024
APICORP in $40mn financing for Saudi’s first ISTP
Financing for the Independend Sewegae Treament Plant (ISTP), the first of its kind in Saudi Arabia, was provided in collaboration with The National Commercial Bank (NCB) and Sumitomo Mitsui Banking Corporation Europe Limited (SMBC)