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Opec Fund’s $50m loan to make Uzbek power generation capacity efficient

VIENNA / WAM The Opec Fund for International Development has announced the signing of a $50 million term loan agreement with ACWA Power to support the construction and operation of a 1.5 gigawatt (GW) combined cycle gas-turbine power plant in Sirdarya, Uzbekistan. The new plant, located near the border with Tajikistan, will replace an ageing, less efficient thermal power facility, ...

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Boeing finds electrical issues on some 737 Max

Bloomberg Boeing Co. has found potential electrical flaws in two additional areas of the 737 Max’s cockpit, a week after a similar manufacturing defect prompted a temporary flying halt for recently delivered jetliners, said people familiar with the matter. The planemaker has inspected the Max’s flight deck for other electrical faults near the flaw revealed last week with the plane’s ...

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Sharjah, Belarus to strengthen economic ties

Sharjah / WAM The Sharjah Chamber of Commerce & Industry discussed ways to boost the economic ties and strategic partnerships with the Republic of Belarus in a way that serves the interests of business communities in the two countries. This came during a meeting held at the SCCI headquarters between Abdallah Sultan Al Owais, Chairman of the SCCI, and Evgeny ...

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