Tuesday 24 December 2024
 
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Saudi company

Saudi firm eyes Malaysian power assets

Saudi Water & Electricity Company has emerged as the highest bidder for the power assets of Malaysian tycoon Ananda Krishnan estimated to be worth over $3 billion, the Star newspaper reported on Saturday, citing unidentified sources. K

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Iraq awards $125m power deal to Saudi firm

Iraq has awarded a $125 million contract to a Saudi Arabian company to build a power plant with a total capacity of 150 megawatts in the southern oil hub city of Basra, an Iraqi official said. Haider Ali Fadhil, head of the Basra Investmen

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