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Jordan’s stability attracts foreign investments, says Majid Al Futtaim’s CEO
JORDAN

Jordan’s stability attracts foreign investments, says Majid Al Futtaim’s CEO – EQ Mag

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AMMAN : The Kingdom’s political and social stability has helped form an attractive business environment and encourage foreign investments in various fields, according to Hani Weiss, CEO of Majid Al Futtaim. Weiss, whose company owns and operates Carrefour throughout Jordan, told the Jordan News Agency, Petra, that the Kingdom has “succeeded” in protecting its appeal […]
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South Africa’s largest renewable energy project Redstone concentrated solar power (CSP) achieves first debt draw down
AFRICA

South Africa’s largest renewable energy project Redstone concentrated solar power (CSP) achieves first debt draw down – EQ Mag Pro

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Commercial operation scheduled to start in Q4 2023; The African Development Bank (www.AfDB.org) acted as the Mandated Lead Arranger andCoordinating Bank, committing ZAR 2.306 billion to the transaction; The ZAR 11.6 billion Redstone concentrated solar power (CSP) project will provide power to 200,000 households upon completion. South African Redstone concentrated solar power (CSP) project has […]
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ACWA Power led consortium and Oman Power and Water Procurement Company inaugurate Oman’s largest utility scale renewable energy project
OMAN

ACWA Power led consortium and Oman Power and Water Procurement Company inaugurate Oman’s largest utility scale renewable energy project – EQ Mag Pro

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USD 417 million solar plant Ibri 2PV IPP with capacity of 500 MW to supply electricity to 50,000 homes. Under the patronage of Sayyid Hamoud bin Faisal al Busaidi, Omani Minister of Interior, and in the presence of Eng. Khalid bin Abdulaziz Al-Falih, Saudi Minister of Investment, a consortium consisting of ACWA Power – a […]
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