Put simply, Asia is the main source of solar technology and demand for it seems to be however tumbling everywhere as confined resistance to the pandemic is hampering its dynamics. It remains that all renewables account for something like 26 percent of all capacity expansion in the Middle East region. As an exception amongst the most engaged would be Egypt. This emerging economy bets big on Solar as elaborated on by Oxford Business Group could be indicative of all that is happening nowadays.
This Emerging Economy Bets Big On Solar
April 06, 2020
Egypt’s total of 1173 recorded Covid-19 cases and 78 deaths, as of April 5, places Africa’s third-most populous country significantly below the global per capita averages for both counts as the pandemic continues to disrupt the global economy.
However, as a result of the sharp growth in international cases and the gradual closing of national borders, in mid-March the government decided to implement travel restrictions.
Egyptian airports were closed to international flights on March 19 for an initial period of two weeks. This shutdown has since been extended to internal flights and will last until at least April 15.
Additionally, on March 25 the government announced a two-week curfew from 7pm to 6am, while pharmacies and food shops will be the only retail establishments allowed to open on weekends and past 5pm on weekdays. Restaurants may only open for deliveries.
Pre-emptive economic stimulus
As the potential economic fallout of the pandemic began to become clear, on March 22 President Abdel Fattah El Sisi announced a comprehensive LE100bn ($6.4bn) package of measures. This included a LE22bn ($1.4bn) stimulus to support the Egyptian Exchange, which should also benefit from a 50% reduction in taxes on the dividends of listed companies.
In addition, the Central Bank of Egypt announced a 3% interest rate cut in what it described as a “pre-emptive move” to support the wider economy.
In a further bid to mitigate the impact of Covid-19 restrictions on key sectors, the government has committed to support exporters by allocating LE1bn ($63.5m) for export subsidies during March and April, and will furthermore postpone tax payments for three months on facilities and properties occupied by tourism companies.
Energy prices cut
Following the country’s IMF-backed reforms beginning in 2016, energy subsidies have been gradually removed, resulting in a projected price rise for both households and businesses into 2020.
However, in a bid to offset the impact of the pandemic on industrial output, on March 17 the government announced that the price of gas for industrial providers would be reduced from $5.50 to $4.50 per 1m British thermal units.
As part of the same package of measures, the government also announced that the price of electricity would be reduced for heavy industry consumption, from LE1.10 ($0.07) to LE0.10 ($0.006) per KWh. For other industries, the price is to be kept stable for between three and five years.
Boosting solar capacity
Against the current backdrop of challenging economic circumstances, on April 1 it was announced that the World Bank’s Multilateral Investment Guarantee Agency (MIGA) would provide funding for six new solar power plants at Benban Solar Park in the Aswan Governorate in Upper Egypt, one of the largest such installations in Africa.
The amount is guaranteed against the risk of currency inconvertibility and transfer restriction for up to 15 years. It is part of Egypt’s solar feed-in-tariff programme, which provides long-term contracts to private energy companies with a view to generating investment in renewable sources.
“In the face of uncertainty arising from the Covid-19 pandemic, MIGA remains committed to helping drive foreign direct investment (FDI) by supporting investors who are helping Egypt achieve its long-term goals of diversifying its energy mix,” Hiroshi Matano, executive vice-president of MIGA, said in a statement.
While the pandemic has caused a number of delays for the renewables segment, notably the postponement of the construction of four solar plants by domestic firm Inter Solar Egypt, the future bodes well for the expansion of the industry.
“In the current uncertain economic environment, solar energy has become popular, as it can be produced up to 80% more cheaply than other sources,” Yaseen Abdel-Ghaffar, Managing Director of SolarizEgypt and board member of The Solar Company, told OBG. “Although it was initially difficult to secure FDI for projects, banks are becoming increasingly receptive to renewables and a growth in financing is expected after regular economic conditions are re-established.”
Once considered a farfetched possibility by skeptics, global warming and climate change are now surfacing as palpable realities of the day. From wildfires in Australia to melting glaciers in Iceland, the year 2020 bid farewell to the hottest ever decade recorded on the planet. Fortunately, though, measures are being taken across all industries to curb our modern world’s carbon footprint, and the case of building and construction sector is no different.
According to a recent UNEP-supported report titled 2019 Global Status Report for Buildings and Construction, construction sector in 2019 continued its notorious position as the largest contributor of greenhouse gas emissions, resulting in 39% of the energy and process-related carbon emissions recorded during the year. The report further states that whilst as many as 136 countries have expressed intentions to work towards sustainable buildings, only a few have elaborated on tangible actions strategized to achieve such plans.
The global building stock is forecasted to grow twofold by 2050 as a direct consequence of increasing urbanization. If left unchecked, GHG emissions resulting from the building industry can rise to 50% of the global carbon emissions in the next three decades. While technological innovations have given way to reduced energy consumption, increasing cooling demand emerging from hot regions have overshadowed a significant positive trajectory. That said, countries across the world are increasingly targeting the urban built environment as a part of their national strategy towards a low-carbon future.
Within the Middle East and North Africa (MENA) region, Qatar houses one of the highest collections of sustainable buildings. Concluding 2019, the country saw completion of more than 50 projects certified under the Global Sustainability Assessment System (GSAS) – MENA’s first performance-based assessment system for green buildings. Based on their overall sustainability credentials, projects registered under GSAS can achieve up to 5 Stars, representing the highest levels of sustainable features in terms of design and build. The award of final rating and certificates follows a comprehensive process whereby auditors from the Gulf Organisation for Research & Development (GORD) analyze several aspects of projects at multiple stages throughout the construction phase.
For the year 2019, here are some green projects successfully completed under GSAS.
During 2019, many recipients of outstanding sustainability ratings were linked with Qatar Rail’s Doha Metro project. With Mesheireb Station achieving the highest rating of 5 Stars, another 17 metro stations and 2 stabling yards at different locations within Doha received 4 Stars for their environmentally friendly design and build aspects. Doha Metro is by far the world’s first metro project with accredited sustainable certification specific to rating railway stations. This has been achieved through GSAS’ unique Railways Scheme that is used for rating the sustainability and ecological impacts of new main station buildings, including spaces that serve various functions of a metro station. According to Consolidated Contractors Company, sustainability of the project has been achieved through responsible site development, water saving, energy efficiency, materials selection, cultural and economic value support and innovation in design. Stations awarded GSAS accreditation during 2019 included those located in Msheireb Downtown, Ras Bu Abboud, Al Sadd, Al Sudan, Bin Mahmoud, Qatar University, Hamad International Airport Terminal 1, Al Doha Al Jadeda, Umm Ghuwailina, Ras Bu Fontas, Economic Zone, Al Wakrah, Al Bidda, Corniche, Hamad Hospital, Al Riffa, The White Palace and Education City.
Lusail City Projects:
A number of projects receiving green certifications during 2019 represented Lusail City – Qatar’s first smart city covering 38 square kilometers, that has mandated GSAS to ensure sustainability of all of its buildings. A flagship project of Qatari Diar, Lusail City has been dubbed as the “largest single sustainable development” ever undertaken in the State of Qatar. Use of native flora and water efficient landscaping mechanisms are some ways the city conserves water. Its integrated transport system reduces GHG emissions resulting from private vehicles. The city’s urban connectivity has been achieved through light rail, ample pedestrian walkways, bicycle tracks and park-and-ride facilities at the public transport stations. With a capacity to reduce up to 65 million tons of CO2 per annum, Lusail’s district cooling plant boasts of being one of the largest in the world. Other green credentials benefiting the entire city include a pneumatic waste collection system, sewage treatment plant and an interconnected natural gas network designed to cut down energy consumption.
Within Lusail, Marina Yacht Club Al Khaliji Tower received the highest sustainability rating of 4 Stars during 2019 followed by another 8 commercial, residential and mixed-use developments receiving 4, 3 and 2 stars. Once complete, the city will have the capacity to accommodate 200,000 residents, 170,000 employees and 80,000 visitors without significant impact on the environment.
Sustainable development is one of the four key pillars of Qatar National Vision 2030, a fact that has provided a natural impetus for public projects to be designed and constructed sustainably. Now, all government projects within Qatar are now mandated to pursue and achieve sustainability under GSAS certification system. To this end, health centers in Al Waab, Al Wajbah, Muaither and Qatar University were successfully completed with 3 Stars sustainability rating during 2019 under the supervision of Public Works Authority ‘Ashghal’. Interestingly, all projects undertaken by Ashghal have been designed and built following sustainability principles – a fact that has been reiterated by Ashghal’s President, Dr. Eng. Saad bin Ahmad Al Muhannadi, who recently emphasized that “Ashghal is implementing GSAS standards in all its public buildings in Qatar, specifically in educational and health buildings.” In the light of these comments, one can safely assume that the upcoming stock of health centers in Qatar will continue to have sustainability at the core of their design and construction.
Hamad Port Project Facilities:
Increasing Doha’s total port capacity, Hamad Port Project started operations in 2016. However, construction has been underway to develop new facilities aimed at enhancing the port’s functional efficiency. The year 2019 witnessed completion of multiple facilities inside the new port with sustainability certification. From accommodation and mosques to civil defense and business center buildings, 19 projects under the umbrella of Hamad Port received sustainability rating between 3 and 2 Stars. Development of the new port has followed comprehensive mechanisms aimed at preserving the environment. For instance, 39,117 mangroves, 14,252 sqm of sea grass and 11,595 hard corals were relocated prior to the construction phase. The relocated flora and fauna are being continuously monitored and have so far proven to be surviving.
Taking green sports infrastructure to another level, Al Janoub Stadium received GSAS 4 Stars during 2019, and rightly so. Soon to be a venue for FIFA 2022 World Cup games, the stadium consumes 30 percent less water in terms of international plumbing codes. More than 15% of its permanent building materials are made from recycled content and more than 85% of the waste generated during construction was processed to be reused or recycled, making it one of the most sustainable stadiums worldwide. Apart from Al Janoub, Qatar University’s Sports and Events Complex was another distinguishing project that received 4 Stars under GSAS Design & Build scheme.
Solar operations and maintenance company Alectris has completed a project to automate asset management activity at a photovoltaic plant in Jordan.
Alectris implemented the initiative at the 11.5MW facility with MASE, a solar O&M provider in the Middle East.
The partnership between Alectris and MASE aims to automate and standardise asset management activity across new solar projects in the Middle East and North Africa (MENA).
As solar development has increased in the MENA region, O&M and asset management has “struggled to keep pace”, limiting long-term productivity prospects, said Alectris.
The partnership began in 2016 with MASE responsible for field operations and maintenance services on location, while Alectris provided operations and “legacy expertise” in global asset care.
“Working together, both businesses successfully improved the bankability of the project, which was financed by key development finance institutions operating across the region,” said Alectris.
The initiative involved the integration of Alectris’ ACTIS software platform for solar PV plant asset management, with all data monitoring streams gathered under the single platform to “improve oversight” into project activity.
Alectris managing director Vassilis Papaeconomou said: “Solar development in the MENA region offers a significant opportunity to invest in clean energy projects.
“But if this market momentum is to be maintained, it is imperative that operating plants offer security and stability of financial returns. By partnering with MASE, we’ve been jointly able to combine the latest in asset management software with leading experience in services activity.
“This will ensure that project owners and investors benefit from enhanced and efficient performance reporting and operational management, saving time, reducing costs and ensuring the plant delivers at its optimum. As a result, the plant delivered above expectations with an excellent performance ratio and availability close to 100% over the last three years.”
MASE chief executive Tareq Khalifeh added: “Throughout this collaboration, Alectris have proved to be reliable, dedicated and experienced with a wealth of knowledge that has been indispensable when working in an exciting but challenging market.”
Water scarcity is one of the most pressing issues facing the international community today and has gained widespread attention recently due to the rise in global temperatures and the increase in water consumption in a number of countries, especially those in the Middle East. Despite these concerns, many nations remain unprepared to confront water scarcity and continue to fail to make the issue a political priority.
The shortage of water in the Middle East has worsened in the modern era due to high population growth rates, urbanization and the expansion of cities, the low price of water, and inefficient water management. These factors have created an unstable—and extremely dangerous—situation, which will impact the availability of water and risk exacerbating tensions between countries in the region.
The UN Intergovernmental Panel on Climate Change has predicted that the Middle East and North Africa (MENA) will be among the regions most impacted by global warming in the twenty-first century through a heightened risk of drought and flood, which will reduce agricultural productivity, impact food stocks, and harm the most disadvantaged of the population.
About 5 percent of the world’s population lives in the MENA region, which contains only 1 percent of the world’s renewable fresh water. Water was available to citizens at an annual rate of 819.8 cubic meters per capita as recently as a few years ago, which is more than 25 percent less than the global average. Meanwhile, 60 percent of the region’s population lives in areas suffering from surface water shortages, while the global average stands at about 35 percent. Despite the region’s scarcity of water, MENA has the world’s lowest water tariffs and the highest percentage of GDP spent on water subsidies. This has led to irrational use of water resources and over-pumping of nonrenewable groundwater. These are striking examples of both poor water management and the region’s lack of appreciation of the urgency of this issue.
Groundwater, large transboundary rivers, and desalination represent the main sources of water in the region, according to a report from the World Bank. These sources are all either points of dispute between countries in the region, threatened by excessive use, or too costly to develop. As a result, the countries of the Middle East continue to suffer from an acute lack of water security, which is defined as “the availability of an acceptable quantity and quality of water for health, livelihoods, ecosystems and production, coupled with an acceptable level of water-related risks to people, environments and economies.” In other words, achieving water security is not limited to maintaining high water reserves, but also involves taking into account productive and preventive initiatives to deal with water needs and related issues. Countries that underestimate the importance of water security are squandering opportunities for economic, political, and social prosperity for their citizens.
This is because water security is directly linked to food security, energy, and irrigation inefficiency. The lack of available water impacts agricultural land and leads to an excessive dependence on food imports to meet the demands of the population. The countries of the Arab World import between 30 and 35 percent of their food resources. Egypt and China are among the largest importers of wheat in the world, despite the fact that China’s population is ten times larger. The higher the national dependence on basic food imports, the greater the risk associated with turmoil in global markets. In this way, protecting national security and achieving stability becomes difficult if water and food security needs are not addressed.
This is not exaggeration or fear mongering, but rather a warning about one of the most severe threats facing the MENA region—I do not rule out the possibility of this becoming a cause or justification for conflict—and a call for leaders to change policies. Policymakers can reach a solution to this crisis if there is political will.
For example, irrigation efficiency in the MENA region hovers at 50 percent, but if efficiency was raised to 70 percent through changes to policies and practices, huge benefits could be achieved. These include providing fifty billion cubic meters of water to the Middle East annually, which would allow countries to significantly increase grain production and work to find more sustainable ways to conserve water and produce food.
Water scarcity is a possible precursor to regional and potentially international conflict, and preemptive action must be taken to prevent this. Egypt, Ethiopia, and Sudan have been embroiled in a dispute related to water security and are striving to reach a consensual agreement in this regard that is both sustainable and implementable. The Nile River provides Egypt with 75 percent of its water needs, which are set to increase given population growth rates, and issues related to water security in the country are set to worsen. Ethiopia will soon begin the process of filling a lake connected to the Renaissance Dam, which is part of the largest hydroelectric power station in Africa. Egyptian anxiety and frustration at the slow pace of negotiations and the failure of talks thus far are made clear in Egypt’s public statements and talk about “red lines,” as well as in its seeking to call an international mediator to help resolve the dispute.
Another potential regional conflict lies in water disputes between Palestine and Israel, even if the political conflict is resolved, which remains unlikely. Israel controls the head of the Jordan River, which restricts access to water for Palestinians, and aquifers are also under the control of the Israeli government. This leaves Palestinians with a limited amount of water. United Nations Development Programme reports indicate that Palestinians have access to about three hundred million cubic meters of water annually, while Israelis enjoy about two thousand million cubic meters. Such a disproportionate and inequitable allocation of water resources sows the seeds of future conflict.
A sensitive and potentially dangerous issue like water insecurity in the MENA region requires sincere analysis and an honest warning about its possible impacts. If politicians, scientists, and economists work together to address water insecurity rather than ignoring the issue, we can prevent possible conflict over access to water in the region.
The Saudi Entertainment Ventures Company (Seven), established by the Public Investment Fund (PIF) and mandated to invest, develop and operate entertainment destinations in Saudi Arabia, has announced the expansion of new entertainment complexes to prime locations across the kingdom.
RIYADH, These will delight residents and tourists alike and contribute to positioning Saudi Arabia as a hub for entertainment and leisure, said a statement from Seven.
The entertainment complexes will meet the fast-growing tourism sector and contribute to realising the goals outlined in Saudi Vision 2030, it stated.
These projects are being developed in key strategic geographic locations, providing large resident populations with innovative leisure choices that will appeal to all the family. Each complex will feature several entertainment and leisure choices including cinemas, play areas, rides, food and beverage (F&B) outlets, attractions and more, it added.
Chairman Abdullah Al Dawood said Seven is building the entertainment ecosystem of the kingdom, having already opened the first cinema in Saudi Arabia in 35 years.
“We have a clearly structured development plan to build 20 entertainment destinations, 50 cinemas and two large theme parks in prime locations across the kingdom,” stated Al Dawood.
In Jeddah, Seven will develop several entertainment complexes adding to the leisure choices for over four million residents and visitors.
With entertainment complexes coming up by the azure waters of the Red Sea as well as in areas that are popular among residents, the leisure ecosystem of Jeddah will witness a dramatic transformation.
In line with the vision of the leadership to offer more attractions that add to the quality of life of residents and visitors to the holy cities of Makkah and Madinah, Seven will open new entertainment complexes.
Another addition is in Taif, the fifth biggest city in Saudi Arabia and the unofficial ‘summer capital’, where the cool climes draw people to its location on the slopes of the Sarawat Mountains.
Known as the spring by the sea for its popularity among tourists as a scuba-diving destination with white sandy shores, Yanbu is another strategic location. With easy connectivity from Riyadh and Dammam, Al-Kharj will also feature a Seven entertainment complex.
Another area which will feature a project by Seven will be Buraydah, located in the centre of Saudi Arabia, said the statement from Seven.
Abha and Khamis, set in the Asir Mountains and known for equitable all-year weather, will also have new entertainment complexes by Seven, adding to their touristic value.
The port city of Jazan by the Red Sea, serving as a large agricultural heartland of the kingdom, features several ambitious infrastructure projects and is another natural choice for Seven – along with Tabuk, one of the historic sites, rich in rock art, archeological sites, castles and mosques.
Adding to the entertainment ecosystem of the capital city of Riyadh is the development of the entertainment complex at Al Hamra that will serve the densely populated neighbourhoods in the north-east of Riyadh.
At the intersection of King Abdullah Road and East Ring Road, the project will serve over 2.5 million people within a radius of a 30-minute drive. Another exciting upcoming addition to Riyadh is the entertainment complex at Al Nahda, with the Nahda Park Metro Station just a few metres away. Announced last year, work on these projects is progressing as per schedule.
Further adding to the communities of Dammam and Al Khobar, which serve as vital hubs for several key industries and global businesses, Seven is bringing waterfront attractions that will create unforgettable moments of joyful entertainment for everyone. Announced last year, these projects will also offer a range of entertainment choices for residents and visitors.
“We are committed to realising the goals of Saudi Vision 2030 to accelerate the creation of world-class entertainment assets in the Kingdom that support economic diversification, create new jobs, and contribute to socio-economic progress. Our complexes will position the kingdom as an entertainment, culture and tourism hub of the region,” he stated.
“At Seven, we believe in promoting and creating opportunities for the private sector to thrive in the fast-evolving entertainment landscape of the kingdom,” noted Al Dawood.
“We are inviting the most ambitious and creative business partners and vendors to join us in our remarkable step forward to shape the entertainment landscape of the Kingdom,” he added.
Stretched across Bahrain’s north-eastern coastline, Diyar Al Muharraq is among Bahrain’s most anticipated projects, which will be an archipelago of seven man-made islands.
Located off the shores of Muharraq, the kingdom’s historic former capital, construction is well underway on the 12.2km2 masterplan development, which is part of a joint venture with Abu-Dhabi based real estate developer Eagle Hills.
Speaking to Construction Week, Diyar Al Muharraq CEO Ahmed Alammadi said they have been working on the development since 2007 and described the project as a “huge masterplan” for any region, especially “for a small island such as Bahrain”.
“For the whole development, we plan to have four to five phases. In Arabic, Diyar means ‘a small town’ and the reclaimed land is around 10km, which will feature 8 public beaches,” Alammadi tells CW.
“We have started phase 1 on the south island, which is 5.3km. As part of the 5.3km, 1km of this is part of our joint venture with Abu Dhabi’s Eagle Hills to establish Eagle Hills Diyar, which is a local based developer in Bahrain.”
The development will feature facilities including villas worth $1.3m (AED 5m) which comprise a mix of modern and traditional Arabic designs, two reputable hotels that also integrate residences, as well as one of Bahrain’s largest shopping malls.
“Within this joint venture with Eagle Hills, we are developing a 2,000m2 shopping mall, the Vida and Address hotels, as well as two residential towers,” Alammadi added.
“The 2,000m2 shopping mall will be one of the largest shopping malls in Bahrain. Vida hotel and Vida residences, Address hotel and Address residences, as well as the two residential towers, which will be named Marassi Residence, will all be linked to the mall.”
Marassi, which is Arabic for ‘multi-port’, is a mix of residential, commercial properties and extensive retail, entertainment and dining options. It will feature 2km of sandy beaches, as well as a dedicated harbour for cruise liners.
In terms of construction, Alammadi outlined that building works have started on all of the projects.
“The development of all these towers, along with the mall, which are all under construction, except the Marassi residence, have been handed over and should be ready by 2021.”
Another part of Diyar Al Muharraq’s built-up areas is Al Bareh, located on the west side of the masterplan development, comprising seafront villas that have been completely sold out, according to Alammadi.
As well as Al Bareh residential plots, there are two villa types, Al Bahar 1 and Al Bahar 2, which feature the latest smart-home technology and measure between 805m2 and 972m2 respectively.
With views over Diyar Al Muharraq’s main canal, the residences are built around a number of key spaces, including traditional courtyards and swimming pools.
Another milestone for the development was the handover of its Deerat Al Oyoun under the Mazaya scheme.
The Mazaya scheme is part of Bahrain’s Ministry of Housing initiative in collaboration with the private sector for the provision of social housing for citizens who are listed on the Ministry of Housing waiting lists.
Deerat Al Oyoun will comprise more than 3,000 villa units and is located close to the Dragon City retail precinct, as well as schools, healthcare facilities, and entertainment facilities.
Foundations have also been laid for the development’s Souq Al Baraha market amongst the residential communities.
Alammadi said all the preparations to begin work on Souq Al Baraha had been completed, and Almoayyed Contracting Group were appointed to complete the entire project and launch the project by the end of the first quarter of 2021.
“Souq Al Baraha will reflect the unique architectural culture of the Kingdom of Bahrain, in line with our eagerness to establish a Bahraini identity throughout various residential and commercial projects in the city,” Alammadi said.
Diyar Al Muharraq is certainly filling the gaps in Bahrain’s real estate market as part of the country’s economic vision 2030 agenda to build a better life for Bahraini people.
ABU DHABI, 1st February 2020 (WAM) — Making the UAE the first Arab country to deliver safe, clean and peaceful nuclear energy, Barakah is the first major national achievement this year.
Nawah Energy Company, the subsidiary of the Emirates Nuclear Energy Corporation, ENEC, responsible for the operation and maintenance of nuclear energy plants in the UAE, has confirmed that the World Association of Nuclear Operators, WANO, has cleared Unit 1 of Barakah as ready for start-up.
After it’s fully operational, the Barakah Nuclear Energy Plant’s four Units will prevent the release of 21 million tons of harmful carbon emissions every year, equivalent to removing 3.2 million cars from the country’s roads on an annual basis.
Located in the Al Dhafra region of Abu Dhabi Emirate, approximately 53km west-southwest of the city of Ruwais, the plant’s four APR-1400 design nuclear reactors will also supply up to 25 percent of the UAE’s electricity needs in compliance with the highest standards of safety, security and operational performance.
The journey started in April 2008 with the issue of the Policy of the United Arab Emirates on the Evaluation and Potential Development of Peaceful Nuclear Energy.
The Policy focuses on six key principles, which include the UAE’s commitment to complete operational transparency, pursuing the highest standards of non-proliferation and adhering to the highest standards of safety and security.
It also includes working directly with the International Atomic Energy Agency, IAEA, and conforming to its standards when evaluating and establishing a peaceful nuclear energy programme, developing any peaceful domestic nuclear energy capability in partnership with the governments and firms of responsible nations, as well with the assistance of appropriate expert organisations, and lastly approaching any peaceful domestic nuclear energy programme in a manner that best ensures long-term sustainability. The UAE programme has since been successfully developed in line with all of these principles and continues to uphold these going forward.
In 2009, the Korea Electric Power Corporation, KEPCO, which is the largest nuclear power corporation in South Korea, was selected as ENEC’s Prime Contractor for the development of the Barakah Nuclear Energy Plant in the UAE.
KEPCO is one of the leading nuclear energy companies in the world in terms of safety, reliability and efficiency, as classified by WANO.
The UAE selected this company after a comprehensive year-long process conducted by a team of 75 international energy experts. The evaluation focused on several factors, most notably, safety and operational excellence. The APR1400 technology selected has since been certified by the US-based Nuclear Regulatory Commission, NRC, highlighting the design’s strong safety and reliability characteristics.
In 2010, the environmental impact assessment and licensing requests for preliminary works were submitted, and approval was obtained from the UAE’s independent nuclear regulator the Federal Authority for Nuclear Regulation, FANR.
In March 2012, ENEC submitted a construction license application for Barakah’s Units three and four, and in May 2013, the safety nuclear concrete was poured for Unit 2 and the installation of major components had begun at Unit 1.
In October 2016, ENEC and KEPCO signed a Joint Venture agreement for a long-term partnership and cooperation for the UAE Peaceful Nuclear Energy programme.
Through the Joint Venture, Nawah Energy Company was established to operate and maintain the Barakah Nuclear Energy Plant.
ENEC and KEPCO also announced the establishment of Barakah One Company PJSC, another independent subsidiary owned by both companies, which represents the commercial and financial interests of the Barakah project.
Under the JV, KEPCO has an 18 percent stake in Nawah Energy Company and Barakah One Company, while ENEC owns the remaining 82 percent.
In November 2016, Barakah One Company signed the first nuclear energy Power Purchase Agreement with Abu Dhabi Water and Electricity Company, now the Emirates Water and Electricity Company, for the purchase of the electricity to be generated at Barakah.
The agreement establishes the contractual framework between the two entities for the sale of the safe, clean, efficient and reliable electricity produced at Barakah.
In March 2018, construction was completed of Barakah Unit 1, and the first batch of Reactor Operators, ROs, and Senior Reactor Operators, SROs, were certified to operate by FANR in July 2019.
Emirati citizens account for 60 percent of the employees in ENEC and its subsidiary companies, and the total number of reactor operators is 72, including 42 Emirati ROs and SROs.
In the past decade, the UAE has welcomed the IAEA and WANO to carry out more than 40 review and inspection missions.
The success of these missions and FANR’s stringent oversight has resulted in the UAE Peaceful Nuclear Energy programme being recognised as a role model for the development of a new civil nuclear energy programme and a global benchmark for a new-build nuclear energy project.WAM/Hazem Hussein
Kuwait has issued a global tender to seek international experts for a major project to help diversify the economy.
Kuwait has issued a global tender looking to companies to help develop a new Entertainment City in the country.
The mega-scale tender seeks to locate the right partners to undertake planning, development, execution, operation, maintenance and investment in the project which forms part of Kuwait Vision 2035.
Al-Diwan Al-Amiri said in a statement that it aims to sign up partners “at the nearest possible opportunity”.
Considered to be one of the largest projects of its kind in the region, the mega project will actively support the ongoing efforts by the government to diversify sources of income and will contribute to the revitalisation of the cultural, leisure and tourism sectors in Kuwait, the statement added.
As part of the project, a global entertainment and tourism city will be established, featuring an amusement park and a world-class integrated entertainment complex.
Project components primarily include a ride based outdoor theme park, an indoor theme park, an aqua park, a kids’ activity and entertainment centre, in addition to gaming arcade, a snow/ski park and a multiplex and open air theatre.
Other components comprise a sports centre, a museum, public parks and social entertainment areas with landscaped areas and trails. The project also comprises 4 and 5 star villas, apartments, a retail mall, commercial areas and restaurants. It also includes an observatory, an amphitheatre, indoor water channels.
The current location for Al-Diwan Al-Amiri’s Entertainment City in the Doha region in the north of Kuwait will be expanded and developed to cover 2,750 million square metres.
The deadline for the global tendering and bidding process is set for February 27.
Al-Diwan Al-Amiri’s other projects include the Jahra Medical City, Sheikh Jaber Al-Ahmad Cultural Centre, Sheikh Abdullah Al-Salem Cultural Centre, Kuwait Motor Town and Shaheed Park.
Where do real estate and construction opportunities exist in this region?
GCC and the wider Middle East were recognised for standout construction opportunities
The most opportunities to be found in the United Arab Emirates (56%) followed by Saudi Arabia (44.4%)
36% of those interviewed said their business would enter the UAE within the next 12 months either directly or via a joint venture
The Middle East and Africa’s largest construction event, The Big 5, which takes place from 25 – 28 November, has officially revealed a first of its kind research paper, TheVoice of the Construction Industry Report, during the CEO Forum on its opening day.
The report is based on research conducted by GRS Research & Strategy Middle East, in conjunction with The Big 5. A total of 5,951 senior construction industry professionals were surveyed from136 countries on the trends and outlook of the construction sector in the GCC, Middle East and Africa.
Ben Greenish, Senior Vice President of dmg events said: “Thanks to the size, strength and history of The Big 5, we not only deliver a world-class trade event, we are also a trusted source of insight and intelligence for the construction industry. This new research from a huge cross-section of senior construction professionals underscores our reputation as a source of knowledge, and helps global industry stakeholders generate revenues, save money, and shape future strategies.”
“The responses come from professionals in sectors including manufacturing and distribution through to developers, contractors, engineers, architects and consultants, with each being segmented by business type, seniority, geographic location, and company turnover, allowing for a detailed analysis of the issues influencing each sector and how they are shaping the industry,” added Greenish.
The research revealed that the GCC and the wider Middle East were the standout opportunities recognised by respondents not already active in those regions when considering where their business may look for opportunities in the future.
Of the GCC countries, respondents felt there were the most opportunities to be found in the United Arab Emirates (56%) followed by Saudi Arabia (44.4%). In line with these findings, 36% of those interviewed said their business would enter the UAE within the next 12 months either directly or via a joint venture.
According to Andrea Piccin, Partner – General Manager, GRS Research & Strategy, the findings represent good news for the UAE and the wider Middle East region: “Economic growth is seen as a key factor generating business opportunities in the GCC. This is undoubtedly piquing the interest of international companies, which are now looking to expand in the Middle East for the first time.”
“Also, the increase in tourism, particularly in the UAE, is a major driver for business growth and one that many construction companies have already capitalised upon,” he added.
As part of the research, the top trends impacting all aspects of the construction industry were addressed with respondents stating prefabrication and modular construction, energy efficiency, and sustainability are the most important.
“These trends reflect the UAE and Saudi governments’ recent focus on the development of smart and sustainable cities. According to the results, it is anticipated during the next 12 months governments from these two countries will place even greater emphasis in these key areas providing an additional boost for the industry,” added Piccin.
Technology and the impact it has on the construction industry is also outlined within the data. Advanced software, building information modelling (BIM), and digitalisation are identified as the top three disrupters of the sector. These are closely followed by the Internet of Things (IoT) and smart technology, and 3D printing.
The Voice of the Construction Industry Report was unveiled at The Big 5’s invite-only CEO Forum, a conference for 150 CEOs from the region’s leading construction firms, which took place at The Big 5’s opening day.
AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.
New Delhi Times Bureau on October 23, 2019, produced this article on a more and more obvious fact, that of Egypt’s options dwindle as Nile talks break down. The Nile basin is the greatest in geographical extent of the transboundary water resource and makes it vital that the neighbours to carry on talking regardless. They should sit and agree with some understanding. But we have this situation instead, all as described below.
The latest breakdown in talks with Ethiopia over its construction of a massive upstream Nile dam has left Egypt with dwindling options as it seeks to protect the main source of fresh water for its large and growing population.
Talks collapsed earlier this month over the construction of the $5 billion Grand Ethiopian Renaissance Dam, which is around 70% complete and promises to provide much-needed electricity to Ethiopia’s 100 million people.
But Egypt, with a population of around the same size, fears that the process of filling the reservoir behind the dam could slice into its share of the river, with catastrophic consequences. Pro-government media have cast it as a national security threat that could warrant military action.
Speaking at the U.N. last month, Egyptian President Abdel-Fattah el-Sissi said he would “never” allow Ethiopia to impose a “de facto situation” by filling the dam without an agreement.
“While we acknowledge Ethiopia’s right to development, the water of the Nile is a question of life, a matter of existence to Egypt,” he said.
Ethiopian President Sahle-Work Zewude, also speaking at the U.N. General Assembly, said her country believes “the use of the river should be (decided) according to international law and fair and equitable use of natural resources.”
Egypt has been holding talks for years with Ethiopia and Sudan, upstream countries that have long complained about Cairo’s overwhelming share of the river, which is enshrined in treaties dating back to the British colonial era. Those talks came to an acrimonious halt earlier this month, the third time they have broken down since 2014.
“We are fed up with Ethiopian procrastination. We will not spend our lifetime in useless talks,” an Egyptian official told The Associated Press. “All options are on the table, but we prefer dialogue and political means.”
Egypt has reached out to the United States, Russia, China and Europe, apparently hoping to reach a better deal through international mediation. The White House said earlier this month it supports talks to reach a sustainable agreement while “respecting each other’s Nile water equities.”
Egypt said it has accepted an invitation from the U.S. to meet in Washington with the foreign ministers of Ethiopia and Sudan to break the deadlock.
Mohamed el-Molla, an Egyptian Foreign Ministry official, said Cairo would take the dispute to the U.N. Security Council if the Ethiopians refuse international mediation.
That has angered Ethiopia, which wants to resolve the dispute through the tripartite talks.
An Ethiopian official said the packages offered by Cairo so far “were deliberately prepared to be unacceptable for Ethiopia.”
“Now they are saying Ethiopia has rejected the offer, and calling for a third-party intervention,” the official added. Both the Ethiopian and the Egyptian official spoke on condition of anonymity because they were not authorized to discuss the talks with the media.
The main dispute is centered on the filling of the dam’s 74-billion-cubic-meter reservoir. Ethiopia wants to fill it as soon as possible so it can generate over 6,400 Megawatts, a massive boost to the current production of 4,000 Megawatts.
That has the potential to sharply reduce the flow of the Blue Nile, the main tributary to the river, which is fed by annual rainfall in the Ethiopian highlands. If the filling takes place during one of the region’s periodic droughts, its downstream impact could be even more severe.
Egypt has proposed no less than seven years for filling the reservoir, and for Ethiopia to adjust the pace according to rainfall, said an Egyptian Irrigation Ministry official who is a member of its negotiation team. The official also was not authorized to discuss the talks publicly and so spoke on condition of anonymity.
The Nile supplies more than 90% of Egypt’s freshwater. Egyptians already have one of the lowest per capita shares of water in the world, at around 570 cubic meters per year, compared to a global average of 1,000. Ethiopians, however, have an average of 125 cubic meters per year.
Egypt wants to guarantee a minimum annual release of 40 billion cubic meters of water from the Blue Nile. The irrigation official said anything less could affect Egypt’s own massive Aswan High Dam, with dire economic consequences.
“It could put millions of farmers out of work. We might lose more than one million jobs and $1.8 billion annually, as well as $300 million worth of electricity,” he said.
The official said Ethiopia has agreed to guarantee just 31 billion cubic meters.
El-Sissi is set to meet with Ethiopia’s Prime Minister Abiy Ahmed, winner of this year’s Nobel Peace Prize, on Wednesday in the Russian city of Sochi, on the sidelines of a Russia-Africa summit. They may be able to revive talks, but the stakes get higher as the dam nears completion.
Ahmed told Ethiopian lawmakers Tuesday that negotiations are the best chance for resolving the Nile deadlock and that going to war is “not in the best interest of all of us.”
“Some say things about use of force,” he said, referring to Egypt. “It should be underlined that no force could stop Ethiopia from building a dam. If there is a need to go to war, we could get millions readied. If some could fire a missile, others could use bombs.”
Late on Tuesday, Egypt said in a statement it was “shocked” and “surprised” by Ahmed’s remarks, which came just days after he was awarded the peace prize.
The statement said it was inappropriate to talk about military options in dealing with the dispute and that it thought the peace prize would have prompted Ethiopia to demonstrate political will, flexibility and “goodwill toward a binding and comprehensive legal agreement that takes into account the interests of the three countries.”
Ethiopia hopes to finish the much-delayed project by 2023. The dam’s manager, Kifle Horro, said the project is now 68.5% complete and preparations are underway to finalize power generation from two turbines by next year.
The International Crisis Group, a Brussels-based think tank, warned earlier this year that the “risk of future clashes could be severe if the parties do not also reach agreement on a longer-term basin-wide river management framework.”
In recent weeks there have been calls by some commentators in Egypt’s pro-government media to resort to force.
Abdallah el-Senawy, a prominent columnist for the daily newspaper el-Shorouk, said the only alternatives were internationalizing the dispute or taking military action.
“Egypt is not a small county,” he wrote in a Sunday column. “If all diplomatic and legal options fail, a military intervention might be obligatory.”
Anwar el-Hawary, the former editor of the Al-Masry Al-Youm newspaper, compared the dispute to the 1973 war with Israel, in which Egypt launched a surprise attack into the Sinai Peninsula.
“If we fought to liberate Sinai, it is logical to fight to liberate the water,” he wrote on Facebook. “The danger is the same in the two cases. War is the last response.”
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