Saudi firm eyes Malaysian power assetsSaudi 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 More… |
Iraq awards $125m power deal to Saudi firmIraq 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 More… |