The agreement to establish Nebras Power Company, as a Qatari Shareholding Company, was signed on 20th May 2013 with a share capital of one billion U.S. dollars with the participation of the QEWC (60%), Qatar Petroleum International Limited (20%) and Qatar Holding Company (20%). The purpose of the company is to invest globally in new and existing power generation and water desalination projects. With the support of Qatar Holding and Qatar Petroleum International, the new company will enhance the presence of QEWC in the power generation and water desalination sector globally and will support the economic development of the country through attractive financial returns.

In addition, QEWC joined with some International Companies in other projects in the Sultanate of Oman, (Sur Power Project, which is one among the largest projects in the region) and Jordan (Amman East Power Station). Also Company is also trying to buy BTU stakes in Taweelah Station Abudabi and Carthage Station Tunisia and to buy shares equivalent to 24% stake in IPP4 project East Amman, Jordan, currently held by AES.

Main Features and Attractions
The Company has a low risk profile due to its investments in the infrastructure and utilities sector in Qatar (also in Middle East and North Africa region). QEWC share value has favorable growth prospects, especially after the completion of planned projects outside Qatar. There are many unique factors, including the growing dividend distributions, which makes QEWC shares very attractive to investors. Some of the major features are mentioned below:

The Company provides steady flow of revenue, especially due the definitive nature of Power and Water purchase agreements with Qatar General Electricity and Water Corporation

The Company has signed long term fuel supply agreements with Qatar Petroleum, which ensures uninterrupted fuel supply and the stability in the cost of production, as fuel cost is the largest single component of the cost of production. Qatar Petroleum is supplying a major portion of the world’s natural gas, in normal form or liquefied gas form, which also ensures excellent reliability of gas supply to the company’s power and water plants and high fuel efficiency in conformance with global environmental standards.

As a result of the experience earned by the company over the last twenty years QEWC is assessing the expansion opportunities available outside Qatar, in the Middle East and North Africa region, as well as the East Asia markets, which may raise the status of the company in these markets due to successful completion of various projects. The Dividend Distribution Policy in line with the profit realized and long term plan, which extends for more than 12 years, also makes company shares more attractive to investors.

Financial Policy
The Company has adopted a long-term plan, specifically to increase the operating income .These policies have an impact on the results achieved by the company, thanks to its operating efficiency and optimum control of production costs. QEWC was able to achieve a steady increase in its financial results over the years, which enabled it to distribute increasing dividends to its shareholders and further reflecting positively on the price of shares in the local market. QEWC was able to maintain stability and was not influenced by price fluctuations. The company adopted a balanced dividend distribution policy, which enables it to meet its financial obligations and to enable it to finance future projects.

Social Responsibility
QEWC is fully aware of its responsibilities towards society and the citizen in the State of Qatar and believes that there is a strong correlation between business success and responsibility towards the community. In 2013, the Company was able to continue to deliver on its social commitments and the company signed an agreement with the Ministry of Interior as a supporter and a major sponsor for anti-drug project for a period of five years starting from year 2013 and committed to contribute QR 5 million at the rate of QR 1 million annually.

QEWC is also providing support and donations to health centers, educational, cultural, artistic, social, humanitarian, and environmental and sports institutions, in addition to sponsoring conferences, scientific symposia, intellectual activities and development of civil society institutions in various activities and objectives.

Conclusion
The production of electricity and water is one of the most important elements of the support and development of the national economy and the company is committed to working on the development and continuation of business to the highest international standards and practices. QEWC will continue to adhere to the principles of disclosure and transparency to the public and shareholders and to achieve the highest rates of profit to its shareholders the company. The high levels of performance have helped to continue its contribution to its role in supporting the overall development of the country effectively, which was positively reflected on its revenues and profits distributed