Qatar Electricity & Water Co (QEWC) has agreed to buy a 23.3 per cent stake in Jordans Amman East power plant from a Bahraini infrastructure fund.
Business & Management
GCC exports to Brazil reached US$4.2 billion in 2011
Brazil is a key trading partner of GCC countries with total imports reaching US$4.2 billion during 2011.
Perkins appoints regional distributor
Perkins has appointed Power Systems Gulf LLC (PSG) as the regional distributor for the Arabian Gulf with responsibility for Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE and Yemen.
Doha Metro tenders delayed until Q2 2012
Tenders for the Doha Metro have been delayed for the second time and will now be issued in April or May of this year, the Qatar Railways Cos group director, Ghanim Al-Ibrahim, was reported as saying by Reuters.
Volvo Group looking at increasing its regional presence
The Volvo Group is looking at increasing its presence in Saudi Arabia and Qatar as well as the UAE in 2012, a senior executive said.