A Saudi-led consortium has been awarded a US$1bn contract to build a solar power plant in Morocco - the first in a series of vast solar energy projects planned in the country
Energy
Toshiba awarded US$140mn contract for Al Zour substation
Toshiba Corporation has been awarded a US$140mn engineering, procurement and construction (EPC) contract for the Al Zour substation located in Kuwait
Electricity project in Jordan receives US$270 million funding
The US Government?s Board of Directors of the Overseas Private Investment Corporation (OPIC) has approved funding worth US$270 million for construction of a 240MW electrical power plant in Jordan
Siemens to provide Khormala gas plant with turbines and generators
Siemens Energy Sector has won a US$128mn supply contract from KAR Construction and Engineering for its Khormala gas turbine power plant in the Kurdistan region of Iraq
US Export-Import Bank approves loan for UAE nuclear plant

The Export-Import Bank of US has authorised a direct loan to UAE?s Barakah One Company. (Image source: Paul J Everett/Flickr)
The US Export-Import Bank (Ex-Im Bank) has authorised a US$2 billion direct loan to UAE?s Barakah One Company to underwrite the export of American equipment and service-expertise for the construction of a nuclear power plant in UAE