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EnergyEvent / data period:

Saudi Arabia moves to localise 18 water-industry components

The Saudi Water Authority said six investment opportunities worth SAR2.8 billion entered industrial implementation, within a programme targeting 90% of core water-industry components.

Source: Saudi Water Authority
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BusinessEvent / data period:

DEWA says bank guarantee processing time fell 95%

Dubai Electricity and Water Authority says its Smart Bank Guarantee System reduced transaction turnaround time by 95% and reliance on physical guarantees by 74%. WAM reports that the system handles about 2,500 guarantees a year, worth around AED1 billion in total.

Source: Emirates News Agency (WAM)
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