Kuwait to award contract for new electricity ministry building in October
Tender was issued on 26 January 2025 with submissions closing on 20 July 2025.
'The contract award is scheduled for October 2025,' the source told Zawya Projects, adding that the project is expected to be completed in the fourth quarter of 2027.
The construction contract covers the development of a dedicated ministry facility in the southern city.
(Reporting by Deva Palanisamy; Editing by Anoop Menon)
(anoop.menon@lseg.com)
Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Arabian Business
2 hours ago
- Arabian Business
How the UAE is using public-private partnerships to transform services, boost investment and create sustainable growth
The UAE Ministry of Finance is turning public-private partnerships (PPPs) into a central driver of national development — using them to transform services, attract new investment, and support sustainable growth. Over the past two years, the Ministry has established a robust PPP framework backed by new legislation, governance tools, and training initiatives designed to strengthen cooperation between the government and private sector. These measures are aligned with the UAE's long-term ambitions under the 'We the UAE 2031' vision and the UAE Centennial 2071 strategy. UAE public-private partnerships Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, said: 'Developing a robust PPP framework is a top priority for the Ministry of Finance, recognising its role as an effective instrument for sustainable development and a significant player in fuelling the UAE's economic and social advancement as well as in achieving the UAE's strategic goals. 'Through these partnerships, we strive to make the most of available resources, strengthen government performance, and facilitate the exchange of financial, administrative, and technological expertise with the private sector. 'We are committed to improving the community's quality of life, reinforcing the resilience and sustainability of the national economy, and advancing the objectives of the 'We the UAE 2031' vision and the UAE Centennial 2071.' In 2023, the UAE enacted Federal Law No. (12) regulating PPP projects at the federal level. The law encourages private sector participation in strategic and developmental initiatives, boosts investment in projects with significant economic and social value, and helps the federal government deliver projects with greater efficiency. In June 2024, the Ministry released a PPP Project Manual, setting out detailed procedures and policies for federal entities and private partners across the full project lifecycle — from planning and design to execution and operations. To build implementation capacity, the Ministry has run workshops to familiarise stakeholders with PPP processes. In May 2025, it launched a specialised PPP training programme developed with an APMG International-accredited institute. Graduates receive the Certified PPP Professional (CP3P) – Foundation Level qualification, supported by leading international financial institutions. Following the success of the first phase, the Ministry is preparing to launch the second phase, designed to deepen national expertise in PPPs and ensure long-term sustainability in line with international best practice. The Ministry of Finance said these initiatives reinforce the United Arab Emirates' determination to integrate private sector innovation and global expertise into strategic projects — ensuring that PPPs play a pivotal role in delivering a more sustainable and prosperous future.


Khaleej Times
2 hours ago
- Khaleej Times
UAE: SCA warns investors against unlicensed individual, company in Dubai
The Securities and Commodities Authority (SCA) has issued a fresh warning to investors against dealing with an individual and a Dubai-based company found to be operating without approval. In a notice published on its website, the regulator said Thoufeek Raja Abdul Majeeth is not licensed or authorised to carry out activities under its supervision. 'The SCA assumes no responsibility for any transactions or dealings with him in this regard,' the statement noted. The SCA also cautioned the public against FX GLOBE Marketing Management, a Dubai-based firm, stressing that it is not authorised to conduct regulated financial activities or provide related services. The authority urged investors to verify the licensing status of any entity before transferring funds or entering into agreements, warning that transactions with unlicensed operators could leave them vulnerable to fraud. The move is in line with SCA's mandate under Federal Law No. 4 of 2000 to protect investors and safeguard the integrity of financial markets. This is the latest in a series of advisories issued by the regulator. On July 17, the SCA cautioned the public against engaging with Sigma-One Capital, Sigma Wealth World Financial, and Sigma One Cap Marketing Services, none of which are licensed to operate in the UAE. The warnings come on the heels of a series of Khaleej Times investigative reports that uncovered how such entities operating through shell firms, fake offices, and offshore registrations lured UAE residents into transferring thousands of dirhams through aggressive cold calls and misleading trading dashboards.

Zawya
2 hours ago
- Zawya
Zimbabwean President Emmerson Mnangagwa to Deliver Keynote at African Energy Week (AEW) 2025
Zimbabwean President Emmerson Mnangagwa has been confirmed to speak at this year's edition of the African Energy Week (AEW): Invest in African Energies conference. Taking place September 29 to October 3 in Cape Town, the event represents the premier dealmaking platform for the African energy sector. President Mnangagwa's participation reflects the country's ambition to unlock the full potential of its energy sector and comes as international and regional companies advance projects in natural gas and renewable energy. As a frontier oil and gas market, Zimbabwe offers significant opportunities for exploration firms seeking forays into southern Africa's energy landscape. While the country does not currently produce oil and gas, efforts are being made to position the country as an onshore gas producer. Notably, exploration and production company Invictus Energy continues to advance the development of the Cabora Bassa Project – situated in northern Zimbabwe and representing one of the world's largest untested frontier rift basins. The company made a significant gas discovery at the Mukuyu field in 2023, with a second discovery made at the Mukuyu-2 well in 2024. As the country works towards field development, President Mnangagwa's participation at AEW: Invest in African Energies 2025 is expected to facilitate new deals across Zimbabwe's emerging gas market. AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event. On the back of its exploration success, Zimbabwe is now seeking to fast-track field development and bring the Cabora Bassa Project into production. The government is currently finalizing the Petroleum Production Sharing Agreement (PPSA) with Invictus Energy, with a draft PPSA shared with the company in June 2025. The Zimbabwean government has also moved to provide National Project Status (NPS) to the Cabora Bassa Project, reflecting its commitment to the success of this endeavor. With NPS, the project will benefit from a suite of fiscal and non-fiscal incentives, including duty exemptions, fast-tracked permitting and streamlined access to key infrastructure and services. The NPS is also expected to support future exploration at the project, including the Musuma-1 exploration well, which is expected to be drilled in H2, 2025. The well is expected to provide a broader scope of the project and represents the first high-impact well to be drilled in the country outside of the Mukuyu discovery area. The well targets a new play type in the basin and, if successful, could unlock a substantial new resource base in addition to the already-proven Mukuyu field. These activities underscore both Invictus' commitment to Zimbabwean gas development as well as the country's drive to unlock the full potential of its energy resources. Beyond natural gas exploration, Zimbabwe continues to make advancements in regional fuel distribution and power infrastructure. In April 2025, Companhia do Pipeline Moçambique-Zimbabwe announced plans to expand the capacity of the Beira corridor pipeline – connecting Beira in Mozambique to Zimbabwe. The company plans to increase capacity from the current three million cubic meters per annum to five million by 2027, underscoring the value of cross-border infrastructure in supporting regional fuel trade. As Chairperson of the Southern African Development Community from August 2024 to August 2025, President Mnangagwa promoted the role regional collaboration in energy and infrastructure plays in Africa. Meanwhile, as a major coal and hydroelectric producer, Zimbabwe has been making strides towards boosting generating capacity and attracting fresh investment across the sector. Coal production is on track to rise 10.5% in 2025, reaching 6.3 million tons throughout the year. In collaboration with neighboring Zambia, the country also plans to restart several coal-fired plants, seeking to address power challenges and boost supply. In the hydropower sector, the country generates the majority of its capacity from the Kariba hydroelectric plant, but new projects across the nation are expected to bolster production even further. These include the Lake Mutirikwi plant, the Batoka Gorge plant, the Osborne Dam Mini-Hydro project, among others. Despite this progress, significant investment gaps remain, highlighting a strategic opportunity for investors and project developers across the entire energy value chain. 'Zimbabwe is a prime example of a frontier energy market with significant potential. Projects across the natural gas, coal and hydropower spaces showcase the level of opportunity that is available across the market, and investors should seize the opportunity to join this promising industry. At a time when African energy demand continues to grow, frontier markets such as Zimbabwe will play an instrumental part in the next era of development,' states NJ Ayuk, Executive Chairman of the African Energy Chamber. Distributed by APO Group on behalf of African Energy Chamber.