Hyundai Engineering & Construction (E&C) has clinched a US$2.45bn deal to build a seawater processing facility in Iraq, marking its first overseas contract this year
Water
Marubeni consortium starts work on Saudi Arabia?s water project
A Marubeni consortium comprising Marubeni, Acciona, Abdul Latif Jameel Commercial Development Company Ltd, and Rawafid Alhadarah Holding Ltd., have signed a limited-recourse financing loan agreement for the Shuqaiq 3 independent water project in Saudi Arabia
Abdul Latif Jameel Energy signs water deals in Bahrain and Egypt
Almar Water Solutions, a water solutions unit of Saudi Arabia-based Abdul Latif Jameel Energy, has signed two water infrastructure project development agreements in Egypt and Bahrain
UAE waste-to-energy plant for cement plants functional in 2020
Financial closure has been reached for a UAE plant that will convert waste into fuel for use, instead of coal, in cement factories
Hyflux and Utico in talks for ?restructuring? funds
Singapore-based water and power company Hyflux is in discussion with the Middle East?s Utico FZC about securing US$294mn of funds, after receiving a non-binding letter of intent in relation to the ongoing court-supervised reorganization process