Economy – Icotech

Private firms to bid for 60% stake in desalination and power plant

The first of Saline Water Conversion Corporation’s assets to be privatized Saline Water Conversion Corporation (SWCC) invited seven pre-qualified companies and strategic alliances to submit their bids (RFP) to participate in the Ras Al-Khair desalination and power plant’s privatization process. SWCC said in a statement that the winning consortium will Leggi tutto…

Di icotech, 4 anniGennaio 26, 2021 fa

Economy

Analysts: Gulf economic recovery to continue in 2021

Saudi Arabia is expected to see GDP growth of 2.8 percent this year DUBAI: Forecasts for economic recoveries in the six-member Gulf Cooperation Council in 2021 have been trimmed while expectations for gross domestic product declines last year were mixed in a quarterly Reuters survey of analysts released on Tuesday. Leggi tutto…

Di icotech, 4 anniGennaio 26, 2021 fa