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04 September 08:43 AM
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TAQA-led consortium concludes financial closing of $4bn greenfield power plants in Saudi Arabia

Abu Dhabi – Mubasher Abu Dhabi National Energy Company (TAQA), Japan-based JERA Company, and Al Bawani Capital jointly announced the financial closing of two greenfield power plants in Saudi Arabia. The projects are Rihab ElAwal Power Company …
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Intella raises $12.5m in Series A funding to expand in MENA
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Singapore Exchange lists 1st Saudi Arabia-focused ETF
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Prices of investment funds including certificates in EGP, USD
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Rothschild to take over LLB's business in UAE
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Caucasus Auto boosts operation in Middle East with UAE office
Jordan Arab Global Commodities
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Last Update: 3 September 12:30 PM
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TAQA-led consortium concludes financial closing of $4bn greenfield power plants in Saudi Arabia Companies Investments
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Intella raises $12.5m in Series A funding to expand in MENA Companies Investments
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Singapore Exchange lists 1st Saudi Arabia-focused ETF Global Economy
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Photo Archive
Prices of investment funds including certificates in EGP, USD Mutual Funds
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Rothschild to take over LLB's business in UAE Global Economy
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Caucasus Auto boosts operation in Middle East with UAE office Global Economy
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Dubai Investments scales global footprint via partnership with Angola’s FSDEA Global Economy
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Egypt’s fintech Munify raises $3m seed round to fuel regional expansion Global Economy
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Lunate launches region’s 1st thematic ETF to expand quantum computing Global Economy
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Flynas bolsters global aviation operations via SAR 504m Murabaha deal with SAB Banking and Finance
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Mubasher Exclusive
Saud Altassan, CEO at EFG Hermes KSA
EFG Hermes KSA to lead major IPOs, deals in 2025 – Interview at CMF2025 Event
Wang Hu, the President and Co-Founder of PayerMax
Saudi Arabia stood out as ideal choice for PayerMax’s regional HQ – Interview with Wang Hu Central Banks
JANE delegation with NTG's Chairman Al Ballaa
JANE delegation, NTG's Chairman Al Ballaa discuss investments in Saudi Arabia Companies Investments
Ali Al Baqali, the CEO of Alba
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Ballurh reshapes future F&B retail sector – Founder in interview at Biban24 Global Economy
Noor bint Ali Alkhulaif, Bahrain’s Minister of Sustainable Development, during Interview with Mubasher
Alkhulaif says Bahrain is on track to Zero Neutrality by 2060, unveils EDB expected investments – Interview Ministries
Khalid Al Rumaihi, Chairman of Alba
Alba’s Chairman lauds Saudi capabilities in manufacturing, gives remarks at Gateway Gulf Event
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Kafaa Capital’s founder announces new financing channels at Seamless KSA 2024 – Interview Global Economy
Saad bin Atyan, Founder of Madkhol, at Seamless KSA 2024
Madkhol unveils new investment products at Seamless Saudi Arabia 2024 – Interview Global Economy
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Awfar deploys AI tools to improve customer experience – CEO in interview at Seamless KSA 2024 Event
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Islamic Finance
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Knowledge Economic City obtains SAR 305m Islamic financing from Riyad Bank Banking and Finance
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WSM to issue SAR 500m Sukuk program Sukuk and Islamic Finance
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SAB plans to offer USD-denominated Tier 2 green notes Companies Investments
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Alnima Bank intends to issue dollar-denominated offering Companies Investments
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Banque Saudi Fransi to issue USD-denominated Tier 2 notes Banking and Finance
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Binghatti prices $500m benchmark Sukuk under $1.5bn program Sukuk and Islamic Finance
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ADIB allocates AED 17.3bn for sustainable finance in 2024 Banking and Finance
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SAB intends to issue SAR-denominated Tier 1 Sukuk Sukuk and Islamic Finance
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Dar Al Arkan to issue USD fixed-rate senior Sukuk Companies Investments
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Ayan Capital secures up to GBP 25m financing, aims to become UK leader in Islamic banking Sukuk and Islamic Finance
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Arab Markets
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TAQA-led consortium concludes financial closing of $4bn greenfield power plants in Saudi Arabia Banking and Finance
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Binghatti Holding lists $500m Sukuk in Nasdaq Dubai Trading Activities
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Intella raises $12.5m in Series A funding to expand in MENA Global Economy
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CI Capital facilitates EGP 1.3bn bond issuance for Al Oula Companies Investments
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UAE non-oil sector improves in August despite weak new orders Sector Reports
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Banque du Caire logs EGP 7.4bn profits in H1-25 Banking and Finance
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Saudi Arabia’s PMI up to 56.4 in August on higher sales Macroeconomics
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EFG Hermes advises on EGP 1.5bn securitized bond for Bedaya Mortgage Finance Companies Investments
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Singapore Exchange lists 1st Saudi Arabia-focused ETF Trading Activities
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Egypt's non-oil private sector sees further contraction in August; PMI hits 49.2 Sector Reports
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International Markets
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