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Desalination, renewables, power transmission and more in Taqa’s pipeline in Morocco
The projects will cost some AED 52 bn to develop
Taqa, Space42, ADX newcomer Alpha Data, and others report 1Q earnings
Taqa saw net income decline on the back of price volatility and lower oil and gas production
S1 project to become solely a flexible natural gas-based power plant
Plus: Mashreq leads Azerbaijan bank’s debut MENA syndicated financing
Abu Dhabi Cruise Terminal in Zayed Port will see the UAE’s first hybrid heliport
Plus: Dubai rolls out a new public health law
Taqa to develop 1 GW open-cycle gas turbine in Abu Dhabi
Taqa Transmission will develop power grid infrastructure to integrate the generation capacity with “new sources of energy demand”
THIS MORNING: Taqa revives talks for a stake in Spanish gas producer and renewables firm Naturgy -report + global energy demand grew 2.2% in 2024
Plus: Dana Gas mulls USD 500 mn bond or sukuk issuance
Arabian Construction secures AED 2 bn contract for Design Quarter development from Meraas
Plus: Moody’s upgrades RAK Bank’s outlook
Taqa agrees AED 2 bn water treatment, pipeline project in Uzbekistan
This is Taqa’s second water infrastructure project in the country
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