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- Kuwait's $11.25bn bond issuance elicits solid global investor interest
- e& UAE teams up with Honeywell to deliver 5G, AI-powered solutions for SMEs
- Boursa Kuwait's indices soared in September demonstrating substantial confidence
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- PureHealth acquires 60pc stake in Greek healthcare group for $939m
07/03/2025 03:43 AST
Qatar General Electricity & Water Corporation (Kahramaa) and Qatar Electricity and Water Company (QEWC) have signed a power purchase agreement for peak electricity generation units in Ras Abu Fontas Plant.
The Power Purchase project, which has previously been awarded to QEWC, represents a strategic step towards enhancing the stability and reliability of the national electricity grid, as well as supporting efforts to expand the use of solar energy within the country's energy mix.
The total contractual capacity for the units is 511 megawatts, with a total cost of QR1.6 billion. The project is scheduled to start at Ras Abu Fontas in January 2027.
On the agreement, Minister Saad Sherida Al Kaabi, said: "This agreement is a milestone in Qatar's quest for energy security and sustainability, and a reflection of our commitment to meeting the growing demand for energy in with the highest standards of efficiency and environmental responsibility."
"This initiative is a testament to the strong cooperation between the public and private sectors, who are working together to develop the efficiency of the national electricity grid and to increase its capacity to accommodate renewable energy sources, ensuring a sustainable electricity supply to various vital sectors," he added.
Trade Arabia
26/10/2017
The Qatar Electricity and Water Company (QEWC) has reported a net profit of over QR1.31bn (net of non-controlling interests) for the first nine months of this year ended September 30 , up 6 percent c
The Peninsula
02/02/2017
The Qatar Electricity and Water Company (QEWC) reported a net profit of QR1.54bn for the year ended December 2016 compared to QR1.50bn posted a year ago.
The year 2016 witnessed an increase
The Peninsula
18/01/2017
Abu Dhabi's renewable energy company Masdar has signed a cooperation agreement with Qatar Electricity & Water Company (QEWC) and Nebras Power at Abu Dhabi Sustainability Week to develop renewable and
Gulf Times
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 10.60 | -0.10 (-0.94 |
| ADNOCLS | 6.03 | 0.10 (1.68 |
| IQCD | 12.50 | -0.11 (-0.88 |
| ADPORTS | 3.82 | -0.02 (-0.53 |
| NMDC | 22.30 | 0.28 (1.27 |
08/10/2025
e& UAE, the flagship telecom arm of e& in the UAE, and Honeywell, a global leader in industrial automation, today (October 7) announced the signing of a Performance Partner Program Agreement to deplo
Trade Arabia
08/10/2025
Zain Kuwait announced the renewal of its compliance with the Payment Card Industry Data Security Standard (PCI DSS Level 1, version 4.0.1) following a comprehensive independent audit by an approved Q
Kuwait Times
08/10/2025
Oman International Development and Investment Company (Ominvest) said it has successfully hosted the ESG Connect event in collaboration with Sustainable Square in Muscat.
The event brought
Trade Arabia
08/10/2025
PureHealth Holding, a leading healthcare group in the Middle East, today (October 7) announced the successful completion of the acquisition of its 60% stake in Hellenic Healthcare Group (HHG), Greece
Trade Arabia
08/10/2025
QNB Group announced the license approval has been received for a digital-first banking entity, ezbank, from the Central Bank of Egypt.
This milestone reflects the Group's commitment to suppo
QNA
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