Saudi Aramco, Dubai Electricity and Water Authority sign MoU to foster collaboration in new energy

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MoU will also provide a framework to assess potential collaborations and ventures in new energy and smart grid applications, digital transformation, and operational excellence. (SPA)
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MoU will also provide a framework to assess potential collaborations and ventures in new energy and smart grid applications, digital transformation, and operational excellence. (SPA)
Updated 22 January 2019

Saudi Aramco, Dubai Electricity and Water Authority sign MoU to foster collaboration in new energy

  • MoU will also provide a framework to assess potential collaborations and ventures in new energy and smart grid applications

JEDDAH: Saudi Aramco signed on Monday a Memorandum of Understanding (MoU) with Dubai Electricity & Water Authority (DEWA) to foster collaboration in power supply and demand management. 
The MoU will also provide a framework to assess potential collaborations and ventures in new energy and smart grid applications, digital transformation, and operational excellence.
“We look forward to our partnership with DEWA as it is an important step to achieve our shared objectives and goals that aim at identifying new opportunities within our business for deployment of new energy, smart grid and digital applications. Through this partnership, we are pursuing an exchange of experiences and best practices that will help both parties to leverage technology solutions and accelerate business growth and drive innovation in the energy sector”.
“The MoU will help our efforts in digital transformation in the energy industry by applying effective technologies to enable operational efficiencies. The collaboration with DEWA will complement Saudi Aramco’s ongoing energy and technology initiatives”, said Saudi Aramco VP Power Systems, Abdulkarim Al-Ghamdi.
“This MoU supports the vision of the wise leadership in both the United Arab Emirates and the Kingdom of Saudi Arabia and contributes to achieving integration across all vital sectors through joint efforts to support national and regional goals and common interests, anticipate the future and adopt innovation to enhance sustainability of development. The collaboration with Saudi Aramco supports regional efforts to enhance the energy, water, smart transformation, smart grids, energy efficiency and sustainability sectors”, said Saeed Mohammed Al-Tayer, MD & CEO of DEWA.
Saudi Aramco is deploying smart control systems as part of the intelligent power center currently under construction. The center aims to enhance the effectiveness of power generation, transmission, distribution, and asset management through the implementation of latest real-time power management technologies.


US court orders Iran to pay $879 million to 1996 Khobar bombing survivors

Updated 10 min 57 sec ago

US court orders Iran to pay $879 million to 1996 Khobar bombing survivors

  • The court ruled that the Iranian government directed and provided material for the attack
  • The Khobar Towers in Saudi Arabia were housing US forces when it was bombed in 1996

DUBAI: A United States federal court held Iran responsible for the 1996 bombing of the Khobar Towers in Saudi Arabia where US forces were housed, and ordered Tehran to pay $879 million to survivors. 

The Khobar Towers was a housing complex in the eastern city of Khobar, near the Abdulaziz Air Base and Saudi Aramco’s headquarters in Dhahran, that housed American servicemen working on Operation Southern Watch.

A truck bomb was detonated on June 25, 1996, near an eight-story building of the housing complex, which killed 19 US Air Force personnel and a Saudi national and wounded 498 others.

The court ruled that the Iranian government directed and provided material support to Hezbollah who detonated the 5,000-pound truck bomb, a Chicago law firm press release said. The attackers reportedly smuggled the explosives used in the attack from Lebanon. 


The lawsuit was brought under the terrorism exception of the US Foreign Sovereign Immunities Act by the 14 injured US airmen and 21 of their immediate family members.

The defendants in the case were listed as the Islamic Republic of Iran, the Iranian Islamic Revolutionary Guards Corps and the Iranian Ministry of Intelligence and Security.

“We will continue to seek to hold the Government of Iran accountable for this terrorist attack as long as is necessary,” said Adora Sauer, the lead attorney of MM LAW LLC.

US District Judge Beryl A. Howell found the defendants liable and awarded the plaintiffs $132 million for pain and suffering, as well as prejudgment interest, for a total compensatory damage award of $747 million and $132 million for punitive damages.


The court also said the plaintiffs are eligible for partial payments from the US Victims of State Sponsored Terrorism Fund, which compensates American victims of acts of international terrorism with funds obtained from fines and forfeitures levied against companies caught illegally laundering money for sanctioned countries and persons. 

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READ MORE: 45 Moments that changed the Middle East - The bombing of Khobar Towers

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The attorneys also intend to pursue enforcement of the judgments through litigation intended to seize Iranian assets.

“The physical and psychological toll on our families has been extremely high, but this judgment is welcome news. More than 20 years on, we want the world to remember the evil that Iran did at the Khobar Towers. Through the work of our attorneys, we intend to do just that,” said Glenn Christie, a retired Air Force staff sergeant crew chief who was severely injured in the bombing.


“The massive explosion took so much from their minds and bodies on the day of the attack in 1996 and every day and night since then. They can now live with that balance justice provides,” according to John Urquhart of the Urquhart Law Firm, who also represents the bombing victims.