Power

Miscellaneous

Kuwait water plant damaged in Iran attack, one worker killed

Mon, 30 Mar 2026

Kuwait's Ministry of Electricity, Water and Renewable Energy announced on Sunday that a service building at one of the power and water distillation plants was damaged in an Iranian attack, resulting in the death of an Indian worker.

Construction & Real Estate

GCC direct power grid interconnection with Oman launched

Mon, 02 Feb 2026

The Gulf Cooperation Council Interconnection Authority has announced the start of implementation of the direct electricity interconnection project linking the GCC grid with Oman’s network, marking a major step in regional energy integration and infrastructure development.

Finance & Capital Market

Vedanta posts record Q3 profit on higher metal output; revenue hits $5.2bn

Mon, 02 Feb 2026

India-based Vedanta Limited, a leading global producer of metals, oil & gas, power and technology as well as critical minerals, has reported solid third-quarter profit helped by higher production across key businesses, while its revenue climbed 19% to record $5.2 billion.

Energy, Oil & Gas

Clearwater Analytics launches power, gas risk platform

Tue, 10 Feb 2026

Clearwater Analytics is introducing CWAN Power and Gas, a new set of risk management capabilities within Beacon by CWAN designed to replace “black-box” systems in the energy trading industry.

Construction & Real Estate

UAE's $1bn Yemen investment to provide power to 3m homes

Tue, 02 Dec 2025

The UAE’s new $1 billion investment portfolio in Yemen will help provide between two and three million homes with clean energy through solar and wind projects, said Ali Alshimmari, Managing Director and CEO of Global South Utilities (GSU).

Construction & Real Estate

GCC Interconnection Authority, Iraq finalise plans for major electricity link

Sun, 14 Dec 2025

The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Ministry of Electricity of the Republic of Iraq have discussed the final preparations for launching the electricity interconnection project between the two entities.

Construction & Real Estate

Siemon launches new Smart Building Complete solutions

Wed, 10 Dec 2025

The Siemon Company, a key provider of connectivity solutions for data centres and smart buildings, has announced the launch of Smart Building Complete, a unified connectivity and cabling solution engineered to power the critical technologies shaping modern workplaces.

Construction & Real Estate

Saudi PIF, Acwa Power to collaborate on power, water infrastructure

Tue, 04 Nov 2025

The Saudi Public Investment Fund (PIF) and Acwa Power have signed a memorandum of understanding (MoU) to explore opportunities to develop power and water infrastructure for PIF’s local real estate portfolio companies.

Construction & Real Estate

L&T lands $569m Saudi grid infrastructure orders

Wed, 29 Oct 2025

India's top construction conglomerate Larsen & Toubro (L&T) has announced that one of its key units has secured a batch of grid infrastructure orders - worth nearly Rs50 billion ($569 million) - for construction of 380 kV substation and transmission lines in Saudi Arabia.

Energy, Oil & Gas

GlobalData reveals top M&A financial, legal advisers in power sector

Mon, 27 Oct 2025

GlobalData has announced the latest Financial and Legal Adviser League Tables, which rank advisers by the total value and volume of merger and acquisition (M&A) deals they advised on in the power sector during Q1-Q3 2025. JP Morgan and Rothschild & Co top the M&A financial advisers, while White & Case and Kirkland & Ellis lead as the top M&A legal advisers.