Top Power & Utilities News

  • Haya Water - restorimg roads and keeping Muscat moving


    Haya Water has restated its commitment to ensuring that roads are restored as quickly as possible to keep traffic disruption to a minimum during the construction of its world class water reuse project across the Muscat Governorate area. Press Release - 14Feb 10:29GMT
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  • Expansion of Iraq ties on agenda: Iran energy minister


    Expansion of ties with Iraq is among the long-term strategies of the government, said Energy Minister Majid Namjou on Monday. IRNA - 14Feb 07:07GMT
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  • Saudi Shoura debate on AC standard put off


    The Shoura Council on Monday postponed a debate on imposing a uniform standard on air conditioners sold in the Kingdom. Arab News - 14Feb 06:53GMT
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  • SR33bn for power projects in Makkah region


    The Saudi Electricity Company is currently executing projects worth more than SR33 billion in Makkah region, its CEO Ali Al-Barrak said Monday. Arab News - 14Feb 06:27GMT
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  • Doedijns begins Dubai operations


    The Netherlands-based Doedijns Group has announced official opening of its new premises in Dubai to strengthen its presence in the region. Emirates 24|7 - 14Feb 06:13GMT
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  • Database to help Abu Dhabi assess emission levels


    The Environment Agency-Abu Dhabi (EAD) is organising a workshop to familiarise entities concerned with greenhouse gas emissions estimation tools and methods in line with the Intergovernmental Panel on Climate Change (IPCC) guidelines. Gulf News - 14Feb 05:54GMT
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  • GAC Oman joins Muscat Daily paper recycling initiative


    Global shipping and logistics giant GAC recently joined Muscat Daily's recycling awareness campaign. Recycling in any form is one of the easiest ways to enhance awareness among people, according to a press release. Muscat Daily - 13Feb 06:51GMT
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  • Reliable and continuous power supply is our aim, says Saudi Electricity chief


    Saudi Electricity Company President and CEO Ali S. Al-Barrak estimates that more than SR450 billion ($120 billion) of capital investment will be required over the next 10 years. Arab News - 13Feb 06:15GMT
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  • Basra to buy electricity from central government


    The Iraqi Electricity Ministry agreed to sell 325 megawatts to Basra province from the quantities produced by the electrical production vessels in the port, provincial sources said. Aswat Aliraq - 12Feb 06:45GMT
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  • SMN Power's profit soars 222% in 2011


    SMN Power Holding Company reported a 222 per cent rise in year-on-year net profit in 2011. Net profit surged to RO3.8mn from RO1.2mn in 2010, according to a company disclosure to the Muscat Securities Market (MSM). Muscat Daily - 12Feb 05:44GMT
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Zawya Select
ZawyaSelect
Recharging the energy sector
2012 began with a particularly hefty reckoning for Jordan when the government received the largest energy bill in the Kingdom's history: JD2.75bn ($3.87bn). Jordan relies heavily on imports for its energy needs - some 98% - and in 2011, energy amounted to 26% of total Jordanian imports.
 

 
Powerhouse of the sun
Renewable energy in the Middle East accounts for less than 0.05% of the world's share, despite its huge solar resources. This may be about to change.
 

 
Renewed thrust
German companies are stealing a march by committing to long-term renewable energy projects in the Gulf. But with the world economy stuck in the doldrums and conventional energy seen as the easy option for recovery, what future do 'green' technologies have in the region?
 
 
Companies in Power & Utilities
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Ranked by Market Cap 
Based on yesterday's close
| No. of Employees | Total revenue
  Company Country Market
Cap
($mil)
1 Saudi Electricity Company Saudi Arabia 15,721
2 Qatar Electricity and Water Company Qatar 3,941
3 Abu Dhabi National Energy Company UAE 2,118
4 Jordanian Electric Power Company Jordan 356
5 Lyonnaise des Eaux de Casablanca Morocco 341
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