NO. 51


Financial and Banking News

Financial Policy

QWEC Shelves al-Wusail Plant, Looks to Develop Existing Facilities

In a major change to Qatar's power and water development policy, the QatarElectricity and Water Company (QEWC) has postponed plans to build a new plant atal-Wusail, and will instead focus on the acquisition and development of Qatar'sexisting power and water facilities. QEWC was set up last year with theprincipal objective of implementing the al-Wusail...