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Saudi Electricity Co. (SECO) signed contracts valued at US$308mn with two local companies to develop power facilities in the kingdom.
Doha Cables has been awarded a two-year contract by Qatar General Electricity & Water Corporation (Kahramaa) to supply power cables in deal worth US$494mn.
The Dubai Supreme Council of Energy, a government body that sets energy policy, has announced that it would be freezing utility tariffs in Dubai over the next few years.