Major Saudi-Chinese credit deal signed as ACWA secures portfolio funding

Acwa Power, a Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, has signed a three-year...

Consultant

Oman announces $3.8bn worth of investment opportunities

Oman’s Ministry of Commerce, Industry and Investment Promotion, in cooperation with the government and private sectors, has announced 18 investment opportunities worth...

Consultant

Jadwa Investment launches $800m Real Estate Growth Fund

Jadwa Investment, a Saudi-base investment management and advisory firm, has launched an $800 million Real Estate Growth Fund, teaming up with Tatweer...

Consultant

ACCIONA and local partners close green loans worth $480m for three ISTPs in KSA

ACCIONA, a leading company in the development of water and other sustainable infrastructure, together with its local partners Tawzea and Tamasuk, has...

Consultant

ACWA Power-led consortium secures $1.3bn loan deal for The Red Sea Project multi-utilities project

A consortium led by ACWA Power and composed of SPIC Huanghe Hydropower Development Company and Saudi Tabreed Cooling Company, has achieved financial...

Consultant

Ajman Bank signs $41.3 million financing agreement with Arada for Aljada

Ajman Bank has signed an agreement with Arada, the Sharjah-based developer, to provide $41.3 million funding for the construction of two key...

Construction

KSA’s Alakaria announces agreement with AlJazira Bank for $109mn for purchase of key plot of land in AlMarjan

Saudi Real Estate Company (Alakaria) has announced that it has signed an agreement with AlJazira Bank to secure sharia-compliant bridge financing facilities...

Consultant

The Red Sea Development Company financially closes on $3.7 billion loan

The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project, announced today that it has achieved...

Consultant

EGA pays off Al Taweelah project finance facilities early

Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, has announced the early, full repayment...

Construction

Saudi Fund for Development inaugurates two ‘vital projects’ in Sri Lanka

The Saudi Fund for Development (SFD) represented by the CEO Sultan Abdulrahman Al-Marshad, inaugurated the completion of the development of Peradeniya-Badulla-Chenkaladi Road...