International Trade Gateway Co. Ltd. (ITG) has signed a contract with Saudi Arabia?s King Abdullah Economic City (KAEC) for the purchase of a 9,000 sq m area of land to build a high voltage cable factory and it will be the first of its kind in KAEC
Energy
Oman to build two power plants by 2022

The Sultanate is expected to issue a request for qualifications (RfQ) for the new 800 MW IPP in Q3 2016. (Image source: Jacob Rommer Skirchen/sxc.hu)
Oman plans to develop two major power plants by 2022 within the main interconnected system (MIS), which accounts for 90 per cent of the nation?s total electricity supply
DEWA installs 400 kV power transformer at Hassyan power plant

The Hassyan clean coal power plant is based on the IPP model, and will generate 2,400 MW. (Image source: DEWA)
Dubai Electricity and Water Authority (DEWA) has installed a 400 kV power transformer and also announced a number of other projects, worth a total cost of US$53.64mn, at the Hassyan clean coal power plant
South Korea signs US$880mn nuclear reactor staffing deal in UAE

The nuclear reactors are expected to deliver up to a quarter of the UAE?s electricity needs and save up to 12mn tonnes in carbon emissions every year. (Image Source: Paul J Everett/Flickr)
South Korea?s state run Korea Hydro & Nuclear Power (KNHP) has signed a deal worth an estimated US$880mn to manage four nuclear reactors under construction in the UAE
ENEC completes installation of Unit 3 Reactor Vessel at UAE nuclear plant

The event was attended by ENEC senior management, Federal Authority for Nuclear Regulation (FANR) officials, Regulation Supervisory Board (RSB), Abu Dhabi Water and Electricity Authority (ADWEA), Critical Infrastructure and Coastal Protection Authority (CICPA), Western Region Municipality and the Korean Ambassador to the UAE. (Image source: ENEC)
The Emirates Nuclear Energy Corporation (ENEC) has announced the successful installation completion of Unit 3 Reactor Vessel (RV) at Barakah Nuclear Energy Plant in the UAE