CEO of Qatari energy company hails ‘promising’ investments in Kingdom

AMMAN —  The Qatari energy company Nebras Power’s (QPSC) investments in Jordan are “successful and promising”, said the company’s CEO Khalid Jolo on Wednesday.

In remarks to the Jordan News Agency, Petra, Jolo said that QPSC’s portfolio in Jordan achieved “remarkable” growth rates during the past five years. Highlighting the company’s long-term investments in the Kingdom, the official said that the company’s first investment in the Jordan was the Shams Maan Project, besides four ventures that constitute 17 per cent of the Kingdom’s total energy market.

Jordan is one of a few Arab markets in which the company invests, including Oman and Tunisia, he added, pointing out that the company is also considering Kuwait and Morocco.