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Energy

Siemens has won a contract for Khormala gas turbine power plant. (Image source: Siemens)

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

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

An artists impression of how the Barakah complex could look. (Image source: ENEC)

The Emirates Nuclear Energy Corporation (ENEC) has awarded contracts worth US$6bn to six global companies to supply nuclear fuel services for the UAEs first nuclear power plant in Barakah

State-owned Saudi Electricity Company (SEC) has awarded three contracts worth US$183mn in an effort to improve its power distribution network

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