Latest news and project tracker updates from the Middle East and Africa

Mekorot D&E faces chaos over crisis-hit Ashdod project

Middle east   africa may17

Israel’s government has asked IDE Technologies to step in at the troubled Ashdod desalination plant. With delays, construction issues and contractor disputes plaguing the project’s...

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Project Tracker: Middle East & Africa

Latest news and project tracker updates from the Middle East and Africa

Project Tracker Database
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PROJECT COUNTRY UPDATED STATUS TYPE
South Tehran... Iran 25 May 17 A request for ... WWTP
Ras Al-Khair... Saudi Arabia 24 May 17 SWCC has issue... Desal
Umm al Quwai... United Arab Emirates 24 May 17 The bid submis... Desal
Khasab IWP Oman 24 May 17 OPWP has indic... Desal
Temporary de... Oman 24 May 17 PAEW is still ... Desal

Global pooled finance initiative for water gets €10m Dutch government backing

A new water financing facility aims to leverage €1 billion of debt finance from local institutional investors. How will it overcome the hurdles which have ended previous attempts to establish sustainable local finance initiatives?

African Water Facility to screen projects for PPP potential under ambitious new strategy

The AfDB-hosted body wants to leverage €15 billion of funding for infrastructure and service provision by matching bankable projects with sources of finance. It will have to ensure its own financial sustainability first.

ACWA Power upsizes unique project-backed bond for $300m investment war chest

An oversubscribed asset-backed bond will mean a major cash injection for the leading Saudi power and water developer at a time when the Kingdom’s privately financed project market is exploding. It is also a major sign of international...

Saudi Arabia bolsters role of central offtaker ahead of water PPP push

A new cabinet ruling has put the Water and Electricity Company back at the centre of things as the Kingdom looks to stimulate a wave of private water investment.

Tom scotney

The risks and rewards of IWPPs

The Abu Dhabi National Energy Company, known more succinctly as Taqa, has one of the largest portfolios in the world of desalination, but it is one of the more passive players because it invests purely through a government mandate, taking majority stakes in plants procured by its sister organisations. Where it has been an active investor is in the global oil & gas markets, a strategy that eventually resulted in a serious blow to its P&L that required a major intervention from its chief owner. Essentially the problem is that at Taqa,... Read more

Padlock GWI Briefing: Middle East & Africa

Saudis begin sale of world’s largest desal plant

Saudi Arabia has made the first steps toward the sale of the massive Ras Al-Khair desalination plant, a...

Omani desal companies feel Q1 impact of new tax law

The owners of Oman’s five private desalination plants saw their profits wiped out in the first...

IDE sale rumours swirl as ICL confirms negotiations

This week’s confirmation by Israel Chemicals (ICL) that it is in negotiations to sell its 50% stake...

New Taqa board looks beyond energy sector worries

Shares at the Abu Dhabi National Energy Company, better known as Taqa, matched their 2017 high of AED0.60...

Global Water Market 2014: Meeting the world's water & wastewater needs until 2018

Global Water Market 2014 identifies the best global opportunities for private sector participation and investment over the next five years. The report is an essential resource for planning your business strategy and for expanding your business into these profitable country markets.

Middle East water in brief

Israel’s Water Authority is studying a plan to pump 50 million cubic metres of water into the Sea of Galilee to deal with the...

Desal market explodes back into life in resurgent...

After years of waiting, April saw the first major moves for years in Saudi Arabia’s desalination market, with two huge...

ADWEA takes stock of Taqa options

Abu Dhabi’s water utility has had to step in to prop up the company that owns its desalination plants. With more expansions...

New tax-raising law takes toll on Omani water pro...

Muscat has leaned on foreign companies to shore up national budgets. Uncertainty over the impact is affecting water projects.

Cape Town finally embraces desal and reuse

After years of focusing on transfers and storage schemes, drought has finally forced the city of Cape Town to take action on...

First desalination plant in Jordan sparks off hop...

The commissioning of the first seawater desal facility in Jordan has created a wave of new interest in the concept. The success of...

Middle East water in brief

Mosbah Helali has been appointed chief executive of Tunisian bulk water producer and national water utility Sonede, following the...

New Saudi NWC boss heralds start of utility sea c...

New National Water Company CEO Mohammed Mowkley has taken the helm as the body faces a raft of social, financial and structural...

Abu Rawash award points to decline of water PPPs ...

The decision by the government to fund a massive wastewater treatment project directly is a blow to investors looking to support...

Lydec’s profit declines as Casablanca grows

The Moroccan concessionaire, in which Suez holds a majority stake, is anxious to reverse a multi-year decline in profitability. A...

SEAALing the future of water provision in Algiers

Suez has succeeded in extending its management contract in the Algerian capital for a second time. Can it make it three in a row?

Solving the subsidy question

Saudi Arabia’s new national water utility boss has been handed one of the world’s biggest water turnaround tasks, argues...

Middle East water in brief

François de Rochambeaud has been appointed as chief executive of Veolia Maroc.

NWC matches structural reform with customer service

Saudi Arabia’s National Water Company has been at the forefront of the changes sweeping the Kingdom. With a vast array of new...