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24 August 09:46 AM
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ACWA Power secures SAR 12.8bn from regional, global banks for CCGT power plants

Riyadh - Mubasher: ACWA Power company achieved the financial close for two large-scale combined cycle gas turbine (CCGT) power plants at a value of SAR 12.80 billion ($3.40 billion). Located in Riyadh and the Eastern province of Saudi Arabia, …
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Gathern secures $72m funding round led by PIF’s Sanabil Investments
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ADNH Catering boosts regional expansion strategy via 50% stake in Compass Arabia
Representatives of Jafza and OSM
Indian EV maker plans $25m investment in Jafza to serve over 2bn consumers in Middle East, Africa
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e&, GCC telcos units launch 1st regional Sustainability Hackathon
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Presight’s AI-Startup Accelerator brings together 10 global firms in Abu Dhabi
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ACWA Power secures SAR 12.8bn from regional, global banks for CCGT power plants Global Economy
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Gathern secures $72m funding round led by PIF’s Sanabil Investments Initial Public Offerings
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ADNH Catering boosts regional expansion strategy via 50% stake in Compass Arabia Global Economy
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Representatives of Jafza and OSM
Indian EV maker plans $25m investment in Jafza to serve over 2bn consumers in Middle East, Africa Companies Investments
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Presight’s AI-Startup Accelerator brings together 10 global firms in Abu Dhabi Global Economy
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e&, GCC telcos units launch 1st regional Sustainability Hackathon Event
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CI Capital backs regional expansion plans via EGP 4.9bn revenues in H1-25 Companies Investments
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UAE’s CE-Ventures backs $100m round in US-based Aalo Atomics Companies Investments
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Founders of Starvania Studios
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UAE-based Coraly.ai secures $2m funding to fuel regional expansion, international market entry Real estate
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JANE delegation with NTG's Chairman Al Ballaa
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Islamic Finance
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Binghatti prices $500m benchmark Sukuk under $1.5bn program Companies Investments
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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 Companies Investments
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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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Nasdaq Dubai lists $1bn Sukuk by Ras Al Khaimah government Trading Activities
National Central Cooling Company (Tabreed)
Tabreed raises $700m inaugural green Sukuk as 1st issuance under $1.5bn programme; listed banks partake Sukuk and Islamic Finance
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Islamic T-bonds auction for January 2025 attracts over AED 6.9bn bids Sukuk and Islamic Finance
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GFH to launch $500m sukuk programme Companies Investments
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Aramco completes $3bn international Sukuk issuance Companies Investments
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Arab Markets
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Egypt-Saudi Arabia bilateral trade up to $5.9bn in H1-25 Companies Investments
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ACWA Power secures SAR 12.8bn from regional, global banks for CCGT power plants Companies Investments
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Gathern secures $72m funding round led by PIF’s Sanabil Investments Companies Investments
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ADNH Catering boosts regional expansion strategy via 50% stake in Compass Arabia Global Economy
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CBE unveils T-bills worth EGP 65bn on Sunday Treasury Bills
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Saudi Fisheries to develop fully-owned subsidiary Board of Directors
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Alkhaleej Training pens SAR 36m insurance agreement with Tawuniya Banking and Finance
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Axelerated Solutions obtains SAR 70m loan from SAB Companies Investments
Representatives of Jafza and OSM
Indian EV maker plans $25m investment in Jafza to serve over 2bn consumers in Middle East, Africa Companies Investments
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ACWA Power commences operations at 3 solar IPPs in Saudi Arabia Companies Investments
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International Markets
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