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MENA Project Tracker — DEWA awards advisory services contract; Iraq to complete $1bn airport by end of 2023

RIYADH: Emirates Water & Electricity Co. has awarded the contract to develop the Mirfa 2 seawater reverse osmosis project to a consortium led by France’s Engie, reported MEED. The Engie-led team offered to develop the 120 million imperial gallons a day independent water plant for $48.32 cents a cubic meter, winning the contract over Spain's Acciona by $3.9 c/cm.
United Arab Emirates United Kingdom Abuz Aby Ar Riya Saudi Arabia Addleshaw Goddard

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UAE's Chimera invests $100m in Egyptian billionaire Naguib Sawiris' Gemini

RIYADH: Egyptian billionaire Naguib Sawiris has announced a $100 million deal with Abu Dhabi’s Chimera for investment in Egypt’s real estate. Through its subsidiary, Chimera subscribed to a capital increase in Egypt’s Gemini Global Development in return for acquiring a minority stake in the company, Asharq reported. This capital increase aims to develop and expand the real
Ar Riya Saudi Arabia Abu Dhabi Abuz Aby United Arab Emirates Syed Basar Shueb

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