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25 August 06:48 AM
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TAQA takes over GS Inima to accelerate global water growth strategy

Abu Dhabi - Mubasher: Abu Dhabi National Energy Company (TAQA) has signed an agreement to fully acquire GS Inima, a global leader in water treatment and water desalination, from GS Engineering and Construction. Under the transaction, valued at …
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Telecom Egypt, NaiTel boost regional connectivity via ‘Coral Bridge’ subsea cable
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Dubai’s Spinneys enters Kuwait through Alshaya’s JV, expands GCC business
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Prices of investment funds including certificates in EGP, USD
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ACWA Power secures SAR 12.8bn from regional, global banks for CCGT power plants
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Gathern secures $72m funding round led by PIF’s Sanabil Investments
Tunisia Arab Global Commodities
PX1
11,820.59 0.23% 27.21
Volume 605,216 Turnover 5,811,294 No. of Trades: 1,731
22 Down 17 Flat 27 Up
No. of Traded Stocks : 66
Last Update: 22 August 12:15 PM
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TAQA takes over GS Inima to accelerate global water growth strategy Mergers and Acquisitions
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Telecom Egypt, NaiTel boost regional connectivity via ‘Coral Bridge’ subsea cable Global Economy
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Dubai’s Spinneys enters Kuwait through Alshaya’s JV, expands GCC business Companies Investments
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Prices of investment funds including certificates in EGP, USD Banking and Finance
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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 Mergers and Acquisitions
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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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Awfar deploys AI tools to improve customer experience – CEO in interview at Seamless KSA 2024 Companies Investments
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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 Sukuk and Islamic Finance
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Ayan Capital secures up to GBP 25m financing, aims to become UK leader in Islamic banking Global Economy
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Nasdaq Dubai lists $1bn Sukuk by Ras Al Khaimah government Sukuk and Islamic Finance
National Central Cooling Company (Tabreed)
Tabreed raises $700m inaugural green Sukuk as 1st issuance under $1.5bn programme; listed banks partake Companies Investments
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Islamic T-bonds auction for January 2025 attracts over AED 6.9bn bids Bonds
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GFH to launch $500m sukuk programme Sukuk and Islamic Finance
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Aramco completes $3bn international Sukuk issuance Companies Investments
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Arab Markets
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Ladun’s net profits fall 34% in H1-25 Financial Results
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CBE auctions T-bonds, floating-rate note on Monday Bonds
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TAQA takes over GS Inima to accelerate global water growth strategy Global Economy
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Almoosa Health secures SAR 650m loan from Banque Saudi Fransi Banking and Finance
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Najran Cement appoints new Chairman, Vice Chairman Corporate Actions
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Egypt Aluminum’s net profits cross EGP 10.1bn in FY24/25 Financial Results
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Telecom Egypt, NaiTel boost regional connectivity via ‘Coral Bridge’ subsea cable Global Economy
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Masdar secures ‘AA-’ credit rating from S&P; outlook stable Companies Investments
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Al Seer Marine deploys UAE’s 1st AI-powered board observer Companies Investments
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Dubai’s Spinneys enters Kuwait through Alshaya’s JV, expands GCC business Companies Investments
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International Markets
Tesla jumps, Wall St would rise after Trump statement
S&P 500, Nasdaq rises; Dow falls before Good Friday holiday
Wall St falls on Wednesday with chipmakers leading declines
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