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- Qatar's economic growth expected to 'broadly steady' this year; sharp pickup seen in 2026: NBK
- Oman-Russia Business Forum seeks investment opportunities
- Qatar banks' exposure to UK totals £4.8bn: CEBR
- Adnoc Gas announces Q1 net income of $1.27 billion
- SABIC losses narrow to $320m in Q1
- Gulf Bank conducts tenth edition of 'Ajyal' program for new employees
- Zain's internal innovation program 'ZAINIAC' invests in AI startup Actly
- Yango Play & CARI announce strategic partnership to deliver unmatched value to customers in Kuwait
- Adnoc Drilling wins $806m deal for 3 island rigs
- Alpha Dhabi Holding reports $4.74bn revenue for Q1
05/05/2025 03:02 AST
Following its earlier announcements on March 13, 2023 and December 30, 2024, Sembcorp Utilities Pte Ltd, a wholly-owned subsidiary of Sembcorp Industries (Sembcorp), announces the start of commercial operations of the 588MWp Manah II Solar Independent Power Project (Manah II) in Manah, Sultanate of Oman.
This milestone follows the successful completion of acceptance tests announced
earlier. It marks the commencement of power supply under a 20-year power purchase
agreement for 500MW with Nama Power and Water Procurement Company.
Manah II is Sembcorp's first greenfield renewables development in the Middle East and
its largest utility-scale solar farm project to date. It supports Oman Vision 2040 by
contributing clean energy to the national grid and advancing the country's goal of
achieving 30% renewable energy in its electricity mix by 2030.
Times of Oman
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06/05/2025
ADNOC Gas on Monday announced net income of $1.27 billion and EBITDA of $2.16 billion for the first quarter of 2025, exceeding the equivalent quarter in 2024 by 7% and 4% respectively.
The p
Khaleej Times
06/05/2025
SABIC, a global leader in chemicals, reported a net loss of SAR1.2 billion ($320 million) for the first quarter of 2025, representing a 36% improvement compared to a net loss of SAR1.9 billion in the
Trade Arabia
06/05/2025
As part of its ongoing commitment to growing and nurturing national talent within the banking and financial sectors, Gulf Bank has successfully concluded the 10th edition of its "Ajyal" program. Span
Kuwait Times
06/05/2025
ZAINIAC, Zain's internal innovation program, has made a strategic investment in Actly, an AI startup founded by Zain Kuwait employee Ahmad Al-Obaid, who will also serve as the entity's CEO. This grou
Kuwait Times
06/05/2025
Adnoc Drilling Company has been awarded a contract for three island rigs by Adnoc Offshore for an estimated total contract value of $806 million to support expanding operations at the offshore Zakum
Trade Arabia
Financial Information Co.
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