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- Trade volume with Saudi Arabia up 65% to QR4.9 billion: Qatar Chamber
- Dukhan Bank named 'Qatar's Best Bank for Consumers'
- Qatar Stock Exchange index at its best weekly performance since Oct 2023: Financial expert
- Dollar hits lows amid central bank independence concerns
- UAE growth forecast for 2025 and 2026 lowered by Central Bank
- Mepco unit breaks ground on tissue manufacturing facility at KAEC
- Trump's crypto project gets $100 million from UAE-based fund
- Saudi Exchange lowers tick sizes to cut investor costs, boost trading efficiency
- Oil Steady as Investors Shift Focus to Demand Signals
- Closing Bell: Saudi main index rises to close at 11,068
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 | 12.28 | 0.38 (3.19 |
| IQCD | 12.30 | 0.06 (0.49 |
| ADNOCLS | 4.68 | 0.00 (0.00 |
| NMDC | 24.70 | 0.42 (1.72 |
| ADPORTS | 3.93 | -0.02 (-0.51 |
27/06/2025
Dukhan Bank has been awarded the title of "Qatar's Best Bank for Consumers" at the prestigious Euromoney Awards for Excellence 2025, reaffirming the Bank's leadership in delivering outstanding, Shari
The Peninsula
27/06/2025
Middle East Paper Company (Mepco), one of the largest paper manufacturers in the region, has announced that its key unit - Juthor Paper Manufacturing Company - has broken ground on TM6 - the second p
Trade Arabia
26/06/2025
Specialized Medical Company (SMC), one of Saudi Arabia's leading healthcare providers, made its trading debut on the Saudi Exchange following a successful initial public offering (IPO) that raised SA
Trade Arabia
26/06/2025
Sharjah-headquartered budget carrier Air Arabia has announced the resumption of flights from its hub to various destinations across Iran, Iraq, Georgia, and other key cities, effective Tuesday, July
Gulfnews
26/06/2025
Commercial Bank, a leader in digital innovative solutions, recently held a joint workshop with Qatar Development Bank (QDB) represented by 'Qatar Exports', titled 'Contract Financing Workshop' to sho
The Peninsula
Financial Information Co.
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