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  • UAE forms EV joint venture

    Administrator

    20 May 2024

    Two government entities in the UAE have formed a company, UAEV, to develop electric vehicle (EV) charging infrastructure across the country.

    The joint venture aims to provide fast and affordable charging infrastructure, said Sharif Salim Al Olama, undersecretary for energy and petroleum affairs at the of Energy & Infrastructure Ministry.

    Al Olama is chairman of the newly formed joint venture.

    Etihad Water & Electricity (Etihad WE), the partner for the joint venture, provides utility services in the UAE's northern emirates.

    Etihad WE CEO Yousif Ahmed Al Ali is a board member of UAEV.

    "Our intention is for the first UAEV charging points to be operational this year," said Al Olama during the launch of the company at the ongoing Electric Vehicle Innovation Summit in Abu Dhabi.

    MEED understands the company aims to install 100 EV chargers across the UAE by the end of the year, starting in the Northern Emirates of Ajman, Ras Al Khaimah, Umm Al Quwain, Fujairah and Sharjah.

    UAEV also plans to invest in similar infrastructure in Dubai and Abu Dhabi.

    It expects to roll out 1,000 charging stations by 2030.

    The company aims to set up several tiers of EV charging stations.

    The initial tier caters to locations such as mosques and supermarkets, while another set of chargers will be installed in parking areas and on streets to ensure that drivers can top up their batteries whenever necessary.

    UAEV also aims to build what it calls "EV hubs", catering to cities and larger communities with wider services.

    UAEV will use fast and ultra-fast charging solutions to accelerate EV adoption. "We will provide advanced charging options to make EV ownership more appealing," said Al Ali.

    The initial phase of the infrastructure rollout will cater to passenger vehicles.

    Plans could extend the services to commercial vehicles and maritime fleets, as well as potentially providing hydrogen fuel to trucks and other types of fleet.

    Al Olama confirmed that discussions are under way to unify EV charging tariffs between the emirates.

    "This partnership is part of a clear mandate to deliver green mobility. There is a great potential and need from end-users," Al Olama said. "It is also an important step to help meet the UAE net-zero target by 2050."


    MEED's April 2024 special report on the UAE includes:

    > COMMENT: UAE rides high on non-oil boom
    > GVT & ECONOMY: Non-oil activity underpins UAE economy

    > BANKING: UAE banks seize the moment
    > UPSTREAM: Adnoc oil and gas project spending sees steep uptick
    > DOWNSTREAM: UAE builds its downstream and chemical sectors

    > POWER: UAE marks successful power project deliveries
    > WATER: Dubai tunnels project dominates UAE pipeline
    > DUBAI CONSTRUCTION: Dubai real estate boosts construction sector

    > ABU DHABI CONSTRUCTION: Abu Dhabi makes major construction investments

    https://image.digitalinsightresearch.in/uploads/NewsArticle/11792353/main4504.jpg
    Jennifer Aguinaldo
  • WTTCO conducts Ras Mohaisen pipeline study

    Administrator

    20 May 2024

     

    State-backed Water Transmission & Technologies Company (WTTCO) is undertaking a feasibility study for the preferred procurement model and project structure for the contract to build or develop Saudi Arabia's water transmission pipeline project linking Ras Mohaisen, Al Baha and Mecca.

    The responsibility to procure the project has been transferred from Saudi Water Partnership Company (SWPC), which planned to implement the project on a build, own, operate and transfer (BOOT) basis, to WTTCO.

    The final procurement model for the scheme will be decided once the feasibility project is completed, according to a source close to the project.

    The 300-kilometre water transmission scheme linking Ras Mohaisen, Al Baha and Mecca will have the capacity to transmit up to 400,000 cubic metres a day (cm/d) of water.

    In February 2022, SWPC prequalified the following 13 companies for the contract to develop the project:

    • Abdul Aziz Al Ajlan Sons Company for Commercial & Real Estate Investment (local)
    • Abu Dhabi National Energy Company (Taqa, UAE)
    • Al Bawani Water & Power (local)
    • Al Yamama Company (local)
    • China Gezhouba Group Overseas Investment Company (China)
    • China Harbour Engineering Company
    • Cobra Instalaciones y Servicios (Spain)
    • Gulf Investment Corporation (Kuwait)
    • Marubeni Corporation (Japan)
    • Mutlaq Al Ghowairi Company (local)
    • Mowah Company (local)
    • Utico (UAE)
    • Vision International Invest Company (local)

    The project aligns with the kingdom's National Water Strategy 2030, which aims to reduce the water demand-supply gap and have desalinated water account for 90% of the national urban supply to reduce reliance on non-renewable ground sources.

    The transaction advisory team for the first four independent water transmission pipeline projects in Saudi Arabia, which previously included the Ras Mohaisen project, comprised India's Synergy Consulting as financial adviser and the local Amer Al Amr and Germany's Fichtner Consulting as legal and technical advisers, respectively.


    MEED's April 2024 special report on Saudi Arabia includes:

    > GVT & ECONOMY: Saudi Arabia seeks diversification amid regional tensions
    > BANKING: Saudi lenders gear up for corporate growth
    > UPSTREAM: Aramco spending drawdown to jolt oil projects
    > DOWNSTREAM: Master Gas System spending stimulates Saudi downstream sector

    > POWER: Riyadh to sustain power spending
    > WATER: Growth inevitable for the Saudi water sector
    > CONSTRUCTION: Saudi gigaprojects propel construction sector
    > TRANSPORT: Saudi Arabia’s transport sector offers prospects

     

    https://image.digitalinsightresearch.in/uploads/NewsArticle/11791400/main.jpg
    Jennifer Aguinaldo
  • UAE plans nationwide EV charging network

    Administrator

    20 May 2024

    The UAE plans to increase electric vehicle (EV) adoption through the installation of a robust charging network linking the seven emirates.

    "The government is collaborating with private sector partners to make this plan a reality," said Sharif Salim Al Olama, undersecretary for energy and petroleum affairs at the Energy & Infrastructure Ministry, at the ongoing Electric Vehicle Innovation Summit in Abu Dhabi.

    There is also a plan to install EV chargers at the UAE's border with Saudi Arabia. “We aim to increase the scale and adoption by raising EV share [of cars on the UAE road] to 50% by 2050,” Al Olama said.

    “Achieving this target requires investment in infrastructure, collaboration with all stakeholders in the supply chain, and adopting and promoting innovation.”

    The government executive highlighted that greener mobility is crucial to the UAE's net-zero carbon emissions target by 2050.

    "Our all-inclusive decarbonisation drive includes the adoption and promotion of green mobility, with transport being one of the biggest global greenhouse gas emitters," said Al Olama.

    Photo: Lucid car model on display at Evis 2024

    Related read: Electric vehicles have a long way to go


    MEED's April 2024 special report on the UAE includes:

    > COMMENT: UAE rides high on non-oil boom
    > GVT & ECONOMY: Non-oil activity underpins UAE economy

    > BANKING: UAE banks seize the moment
    > UPSTREAM: Adnoc oil and gas project spending sees steep uptick
    > DOWNSTREAM: UAE builds its downstream and chemical sectors

    > POWER: UAE marks successful power project deliveries
    > WATER: Dubai tunnels project dominates UAE pipeline
    > DUBAI CONSTRUCTION: Dubai real estate boosts construction sector

    > ABU DHABI CONSTRUCTION: Abu Dhabi makes major construction investments

    https://image.digitalinsightresearch.in/uploads/NewsArticle/11791023/main.jpg
    Jennifer Aguinaldo
  • LIVE WEBINAR: Economic challenges and opportunities in the GCC

    Administrator

    20 May 2024

    Register now

    Agenda:

    • How has the GCC projects market evolved over the past decade?
    • What are the key lessons learned for the region's projects market?
    • What are the economic drivers for development?
    • Priority projects and sectors for the next 5-10 years
    • Future challenges and uncertainty
    • Q&A

    Time: Tuesday 21 May 2024 at 2:00 PM GST

    Hosted by: Colin Foremaneditor of MEED

    Colin Foreman is editor and a specialist construction journalist for news and analysis on MEED.com and the MEED Business Review magazine. He has been reporting on the region since 2003, specialising in the construction sector and its impact on the broader economy. He has reported exclusively on a wide range of projects across the region including Dubai Metro, the Burj Khalifa, Jeddah Airport, Doha Metro, Hamad International airport and Yas Island. Before joining MEED, Colin reported on the construction sector in the Middle East and Hong Kong.

    David Clifton, regional director·at AtkinsRealis

    Click here to register

    https://image.digitalinsightresearch.in/uploads/NewsArticle/11791886/main.gif
    Colin Foreman
  • Neom cancels $1.5bn desalination plant project

    Administrator

    17 May 2024

     

    The joint development agreement (JDA) for a project to develop a zero liquid discharge plant in Saudi Arabia's Neom has expired and has not been renewed, leading to the cancellation of the project, sources familiar with the scheme tell MEED.

    A consortium of Neom subsidiary Enowa, Japan’s Itochu and France’s Veolia signed a JDA for the scheme in December 2022, approximately six months after they signed a memorandum of understanding to develop the renewable-energy powered advanced seawater reverse osmosis project in Oxagon, Neom’s industrial cluster.

    The proposed plant was to deliver up to 2 million cubic metres a day (cm/d) of desalinated water to Neom, equivalent to about 30% of the gigaproject's expected total water demand once complete.

    The entire facility was understood to require a total investment of $1.5bn-$2bn.

    The developer team initially indicated that the target commercial operation date for the project's first phase, understood to have a capacity of 500,000 cm/d, was 2025. 

    In a statement sent to MEED, Enowa said Neom's water requirements have evolved over the last year "leading us to adopt a stepwise approach to expanding capacity".

    It continued: "As a result, we've decided to discontinue our joint development agreement (JDA) for this project. This decision was made after open communication and extensive discussions to ensure mutual understanding and commitment.

    "Our dedication to delivering sustainable and innovative solutions remains unchanged, and we value our collaboration with international partners as we adjust our approach to best serve Neom's long-term goals."

    Advanced technology

    In addition to using 100% renewable energy, the proposed state-of-the-art desalination plant intended to use advanced membrane technology to produce separate brine streams, enabling the production of brine-derived products to be developed and monetised downstream.

    The plan involved converting brine, the main waste output of desalination, into industrial materials to be used locally or exported internationally.

    At the time, Enowa said brine generated from the desalination plant would be treated to feed industries utilising high-purity industrial salt, bromine, boron, potassium, gypsum, magnesium and rare metal feedstocks.

    Neom appointed Japan’s Sumitomo Mitsui Banking Corporation as financial adviser for the project. UK-based DLA Piper was the legal adviser and Canada’s WSP was the technical adviser.


    MEED's April 2024 special report on Saudi Arabia includes:

    > GVT & ECONOMY: Saudi Arabia seeks diversification amid regional tensions
    > BANKING: Saudi lenders gear up for corporate growth
    > UPSTREAM: Aramco spending drawdown to jolt oil projects
    > DOWNSTREAM: Master Gas System spending stimulates Saudi downstream sector

    > POWER: Riyadh to sustain power spending
    > WATER: Growth inevitable for the Saudi water sector
    > CONSTRUCTION: Saudi gigaprojects propel construction sector
    > TRANSPORT: Saudi Arabia’s transport sector offers prospects

     

    https://image.digitalinsightresearch.in/uploads/NewsArticle/11780001/main.jpg
    Jennifer Aguinaldo
  • Neom receives bids for schools PPP

    Administrator

    15 May 2024

     

    Saudi Arabian gigaprojects developer Neom has received bids for a contract to develop and operate two schools in the SR1.5tn ($500bn) development.

    According to a source close to the project, around a dozen local companies submitted proposals for the scheme in late April or early May.

    The project is being procured on a build, own, operate and transfer (BOOT) basis.

    It is understood Riyadh-based Banque Saudi Fransi Capital is the client's financial adviser for the project.

    Related read: PPP offers budget and efficiency routes

    Neom recently invited companies to bid for a contract to develop four hotels at Oxagon, the development's industrial cluster.

    Neom expects to receive bids for the contract in July. The hotels, understood to have a total of 1,200 keys, will also be developed using a BOOT model.

    Most of Saudi Arabia's gigaprojects have been shifting the physical and social infrastructure components of their developments, in addition to their utility infrastructures, to public-private partnership (PPP) models due to budgetary constraints and a need for a more efficient approach to procuring and operating these assets long term.


    MEED's April 2024 special report on Saudi Arabia includes:

    > GVT & ECONOMY: Saudi Arabia seeks diversification amid regional tensions
    > BANKING: Saudi lenders gear up for corporate growth
    > UPSTREAM: Aramco spending drawdown to jolt oil projects
    > DOWNSTREAM: Master Gas System spending stimulates Saudi downstream sector

    > POWER: Riyadh to sustain power spending
    > WATER: Growth inevitable for the Saudi water sector
    > CONSTRUCTION: Saudi gigaprojects propel construction sector
    > TRANSPORT: Saudi Arabia’s transport sector offers prospects

     

    https://image.digitalinsightresearch.in/uploads/NewsArticle/11773702/main.jpg
    Jennifer Aguinaldo
  • Ewec plans new independent water project

    Administrator

    15 May 2024

     

    Abu Dhabi-based offtaker Emirates Water & Electricity Company (Ewec) is considering procuring a new independent water project (IWP), according to industry sources.

    The planned seawater reverse osmosis (SWRO) facility is expected to have a capacity of 90 million imperial gallons a day (MIGD), equivalent to about 409,000 cubic metres a day (cm/d).

    Sources have told MEED that the proposed location is either in Al Nouf or Taweelah in Abu Dhabi.

    A facility in Al Nouf will require a long pipeline that will connect the plant to Abu Dhabi, and will likely involve the participation of the Abu Dhabi Transmission & Despatch Company (Transco), according to one of the sources.

    It is understood that Ewec could seek interest from developers for the new IWP by the end of the year. 

    This development follows the revision of the scope and capacity of Abu Dhabi's fourth IWP scheme, which is currently in the tendering stage.

    The Saadiyat Island IWP will have a capacity of 60 MIGD.

    When it was tendered in July 2023, the original scheme – called the Abu Dhabi Islands IWP – comprised two SWRO plants each with a capacity of 50 MIGD, to be located on the Saadiyat and Hudayriat islands in Abu Dhabi.

    The current tender closing date for the Saadiyat Island IWP project is 29 June.

    "They need this additional planned capacity [in Al Nouf or Taweelah] since the other scheme in Hudayriat has been cancelled," the source added.

    Ewec previously said these projects are important to Abu Dhabi’s water security due to their proximity to the load centre of the Abu Dhabi islands, as well as the scheduled decommissioning in 2028 of the integrated power and water desalination plant at Sas Nakhl.

    As in previously tendered IWPs, the successful developer or consortium will own up to 40% of a special-purpose vehicle that will implement these projects, while the remaining equity will be primarily held indirectly by the Abu Dhabi government.

    Awarded contracts 2023

    Ewec awarded the contracts for two IWPs last year. Ewec, Abu Dhabi National Energy Company (Taqa) and France’s Engie signed the water purchase agreement for the Mirfa 2 IWP project in February 2023. They reached financial close for the project, which will have a capacity of 120 MIGD, two months later.

    Taqa, Ewec and South Korea’s GS Inima reached financial close on the $444m Shuweihat 4 SWRO IWP in December. Located within the Shuweihat power and water complex, the facility will supply up to 70 MIGD of potable water. Commercial operations are expected to commence in the second quarter of 2026.


    MEED's April 2024 special report on the UAE includes:

    > COMMENT: UAE rides high on non-oil boom
    > GVT & ECONOMY: Non-oil activity underpins UAE economy

    > BANKING: UAE banks seize the moment
    > UPSTREAM: Adnoc oil and gas project spending sees steep uptick
    > DOWNSTREAM: UAE builds its downstream and chemical sectors

    > POWER: UAE marks successful power project deliveries
    > WATER: Dubai tunnels project dominates UAE pipeline
    > DUBAI CONSTRUCTION: Dubai real estate boosts construction sector

    > ABU DHABI CONSTRUCTION: Abu Dhabi makes major construction investments

    https://image.digitalinsightresearch.in/uploads/NewsArticle/11772504/main2450.gif
    Jennifer Aguinaldo
  • Saudi Arabia expands PPP pipeline

    Administrator

    14 May 2024

     

    Register for MEED’s guest programme 

    Saudi Arabia’s National Centre for Privatisation & PPP (NCP) has seen significant progress in its public-private partnership (PPP) programme in the past year, according to Salman Badr, vice-president of the state PPP procuring authority.

    Speaking at the MEED Mena Construction Summit in Riyadh, Badr said that NCP has a “healthy pipeline” of over 200 approved projects in different stages of development. 

    He noted that another 300 projects are currently under review.

    It is understood that the pipeline includes more than 180 schools, following the award of contracts to develop and operate 60 schools each in Jeddah and Medina in 2020 and 2022.

    “New sectors like healthcare and education have been opened up for public-private partnerships beyond the traditional water and power sectors,” said Badr.

    The kingdom is understood to have awarded more than 60 PPP contracts since 2017, when NCP was formed.

    Badr said private sector participation has “allowed the government to deliver infrastructure projects much more efficiently”. 

    Recently completed projects include the kingdom’s first hospital PPP project in Medina. 

    In addition to healthcare and school facilities, NCP’s pipeline includes airports, seaports and roads, catering to Saudi Arabia’s growing infrastructure needs as the population and economy expand.


    MEED’s April 2024 special report on Saudi Arabia includes:

    > GVT & ECONOMY: Saudi Arabia seeks diversification amid regional tensions
    > BANKING: Saudi lenders gear up for corporate growth
    > UPSTREAM: Aramco spending drawdown to jolt oil projects
    > DOWNSTREAM: Master Gas System spending stimulates Saudi downstream sector

    > POWER: Riyadh to sustain power spending
    > WATER: Growth inevitable for the Saudi water sector
    > CONSTRUCTION: Saudi gigaprojects propel construction sector
    > TRANSPORT: Saudi Arabia’s transport sector offers prospects

     

    https://image.digitalinsightresearch.in/uploads/NewsArticle/11768175/main.jpg
    Sarah Rizvi
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