February 7, 2026
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HomeFinance

Finance

Finance

Oman and Saudi Fund for Development Signs MOU to Finance Thumrait Industrial City project

February 3, 2026 Mohammad S
The Ministry of Finance, Oman and the Saudi Fund for Development (SFD) signed a Memorandum of Understanding (MoU) to finance the construction of the Thumrait …
Finance

JBIC Signs Financing Agreement of $990 million for “Facility E” IWPP in Qatar

February 1, 2026 Mohammad S
The Japan Bank for International Cooperation (JBIC) signed a loan agreement with RAS ABU FONTAS POWER COMPANY Q.P.S.C., a Qatar company invested in by Sumitomo …
Finance

Oman, Kuwait Fund Sign Financing Agreement for Duqm Internal Roads Project

January 27, 2026 Mohammad S
The Sultanate of Oman  signed a financing agreement with the Kuwait Fund for Arab Economic Development to contribute to the financing of the second phase …
Finance

JBIC Signs Financing Agreement for Yanbu Wind Power Generation Project in Saudi Arabia

January 27, 2026 Mohammad S
The Japan Bank for International Cooperation (JBIC) signed a loan agreement in project financing amounting up to approximately USD152 million (JBIC portion) with RIYAH AL …
AI and Data Center

HUMAIN and National Infrastructure Fund Announces $1.2bn Financing to Expand AI Infrastructure in Saudi Arabia

January 21, 2026 Mohammad S
HUMAIN, a PIF company and the National Infrastructure Fund (“Infra”) announced on the sidelines of the World Economic Forum (WEF) Annual Meeting 2026 in Davos, …
Finance

Oman’s $1.6 billion Polysilicon Facility Secured Financing

January 19, 2026 Mohammad S
United Solar Holding announced that its wholly owned subsidiary, United Solar Polysilicon (FZC) SPC (USP), has secured US$480 million in term debt financing from the …
Finance

UAE’s 1.5 GW Khazna Solar PV IPP Achieves Financial Close

January 19, 2026 Mohammad S
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, and ENGIE, a global leader in low-carbon energy solutions, announced that they …
Finance

GCC Interconnection Authority and Kuwait Fund Sign Additional Financing Agreement to Strengthen Regional Power Grid

January 18, 2026 Mohammad S
The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Kuwait Fund for Arab Economic Development have signed an additional financing agreement valued at KWD 8 …
Finance

Oman’s Ibri III Solar IPP Achieves Financial Close

January 16, 2026 Mohammad S
Abu Dhabi Future Energy Company PJSC – Masdar, and consortium partners Al Khadra Partners, Korea Midland Power Co. Ltd (KOMIPO), and OQ Alternative Energy (OQAE), …
Finance

UAE’s TAQA and EWEC Announce Financial Closing for the 1 GW Al Dhafra Power Plant

December 30, 2025 Mohammad S
Abu Dhabi National Energy Company PJSC (“TAQA”), UAE, together with Emirates Water and Electricity Company (EWEC), announced the financial closing of the ~ AED 3.6 …

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Al Nowaiser Submits the lowest bid of $14.8 million for Hail 132kV Substations

December 2, 2019
Saudi Electricity Company (SEC) announces the bid results for the project “Reinforcement of 132/33kV Substations 8919 & 8922 in Hail ” The project location is …
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Oman invite bids for Construction of 42 Schools on PPP model

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The Ministry of Finance, Oman issued request for qualification for the design, construction, finance, operation, and maintenance of 42 school buildings under the Public-Private Partnership …
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Kuwait’s MEW receives lowest bid of $145.4 million for Maintenance Works at Doha Power Station

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Ministry Of Electricity & Water and Renewable Energy, Kuwait receives the bidders Proposals for the Maintenance Works at Doha West Power Generation & Water Distillation …
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