Europe ex-UK in resurgence as record 4 in 5 fund managers overweight continent. Trade war and protests take toll as China and Hong Kong banks sell off
The Capital Market Authority approved Saudi Aramco's application for an initial public offering
The proposed joint venture with Air Products and ACWA Power will own and operate the Jazan Integrated Gasification Combined Cycle and Power Plant and Jazan Air Separation Unit, valued at approximately USD $11.5bn
The MoU provides a framework to assess potential collaborations and ventures in new energy and smart grid applications
Located between Dammam and Al-Ahsa in Saudi Arabia’s Eastern Province, Spark is a three-phase 50km2 hub for energy, industrialisation, and technology that will report Phase 1 construction completed in 2021. Phase 1 spans 12km2, with investments totalling $1.6bn (SAR6bn)
Cyber-attacks on utilities and other critical infrastructure are not just on the increase, but have transitioned from speculative to indisputable. Utilities in the GCC, as well as vendors of ICS (industrial control systems), are now on the alert and taking remedial action.
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