Trojan, Samsung start work on 1,000MW Al Dhafra power plant
Once operational, the Al-Dhafra OCGT project will have a generation capacity of 1,000 megawatts (MW), supporting the growing energy demands of the UAE.
The project aligns with the UAE government's forward-looking Artificial Intelligence (AI) strategy, with Emirates Water and Electricity Company (EWEC) partnering with both Taqa and Abu Dhabi Future Energy Company (Masdar) on initiatives to integrate advanced energy technologies. -TradeArabia News Service
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Tribune
29-07-2025
- Daily Tribune
Bahrain, Saudi hail strong economic cooperation
The Kingdom of Bahrain and Saudi Arabia continue to set a distinguished model of bilateral relations, grounded in solid foundations of cooperation and joint action across diverse sectors. This was affirmed by Finance and National Economy Minister, His Excellency Shaikh Salman bin Khalifa Al Khalifa, during a high-level coordination meeting held via video conference. Shaikh Salman co-chaired the meeting of the Coordination Committee on Economy, Energy, Trade and Industry alongside Saudi Minister of Economy and Planning, H.E. Faisal bin Fadhel Al Ibrahim. The committee is one of five operating under the umbrella of the Saudi-Bahraini Coordination Council. Enduring ties Emphasising the enduring and deeply rooted ties between the two kingdoms, Shaikh Salman lauded the progress of their relationship, which he said continues to grow stronger through the continued support of His Majesty King Hamad bin Isa Al Khalifa and the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud. He also highlighted the pivotal role of the Saudi-Bahraini Coordination Council, co-chaired by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister of Bahrain, and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia. The Council, he noted, has become instrumental in advancing strategic partnerships and expanding bilateral cooperation to meet the aspirations of both countries and their citizens. During the meeting, both sides reviewed the latest updates on joint initiatives and key recommendations outlined in the committee's work plan.
Gulf Insider
20-07-2025
- Gulf Insider
UAE's Air Arabia To Co-Launch Saudi Low-Cost Airline Flying 81 Routes From Dammam Hub
Saudi Arabia is launching a new national low-cost airline, with operations based out of King Fahd International Airport in Dammam, as part of a broader push to transform the Kingdom into a regional aviation hub. The General Authority of Civil Aviation (GACA) announced that a consortium led by UAE-based Air Arabia, Kun Investment Holding and Nesma Holding, has won the bid to operate the new carrier. The airline will begin operations with a fleet of 45 aircraft, covering 24 domestic and 57 international destinations, and aims to serve 10 million passengers annually. This expansion is part of Saudi Arabia's National Transport and Logistics Strategy, a key component of Vision 2030, which seeks to diversify the economy and enhance the Kingdom's competitiveness in transport, logistics, and tourism. According to GACA, the new low-cost airline will enhance air connectivity to and from the Eastern Province, improve operational efficiency, and boost seat availability at King Fahd International Airport. The airline is also expected to create more than 2,400 direct jobs and raise service quality across Saudi Arabia's growing aviation market. Air Arabia's inclusion in the consortium reflects its expanding regional footprint and aligns with its strategy of entering high-growth partnerships to serve underserved routes. This latest venture positions the Dammam airport as a growing hub for affordable air travel and supports the Kingdom's goal of moving 100 million passengers annually by the end of the decade.
Daily Tribune
14-07-2025
- Daily Tribune
Syria signs $800 mn port deal with UAE-based company
Syria signed an $800 million deal with UAE-based company DP World yesterday to develop the port of Tartus, state media reported, as the new authorities continue their efforts to support post-war reconstruction. Following the toppling of longtime Syrian ruler Bashar al-Assad in December, the new Islamist authorities have worked to reconnect the country to global companies and kickstart reconstruction after 14 years of civil war. 'In the presence of President Ahmed Al-Sharaa, an agreement was signed between the General Authority for Land and Sea Ports and DP World, valued at $800 million, as a strategic step aimed at enhancing port infrastructure and logistics services in Syria,' state-run news agency SANA said. Following the signing of the deal, DP World CEO Sultan Bin Sulayem said Syria's economy had 'significant assets, including the Port of Tartus, which represents an opportunity to transport and export many Syrian industries.' In a statement also shared by state media, he pledged to make Tartus 'one of the best ports in the world.' DP World operates dozens of marine and inland ports and terminals globally, particularly in Asia, Africa, and Europe. The Syrian civil war devastated the country's infrastructure, and the new authorities hope to use the lifting of Western sanctions to attract investments and fuel reconstruction efforts. Qutaiba Badawi, head of the General Authority for Land and Sea Ports, said the parties were 'not merely signing a technical agreement, but we are laying the foundation for a new phase of field and maritime work in Syria, repositioning ourselves on the regional and international economic map.' In May, Damascus signed a 30-year contract with French shipping giant CMA CGM to develop and run the port of Latakia. That same month, Syria signed a $7 billion energy deal with a consortium of Qatari, Turkish, and US companies as part of efforts to revive its crippled power sector.
