Finance
Hafeet Rail Signs $1.5 billion Financing Agreements
Hafeet Rail has signed the bank financing of the Hafeet Rail network project connecting the Port of Sohar with the United Arab Emirates (UAE), with …
Finance
Finance
Qatar’s Ooredoo Group Secures QAR 2 billion Financing Deal to Accelerate Data Centre Expansion
Ooredoo Group announced a landmark QAR 2 billion financing deal to accelerate the growth of its data centre and AI business, enabling a significant expansion …
Finance
EDF, KOWEPO and Masdar announces Financial Close of 1.5 GW Al Ajban Solar PV Project
The project company, led by EDF Renewables and Korea Western Power (KOWEPO), alongside their partner Abu Dhabi Future Energy Company PJSC – Masdar, announced the …
Finance
ACWA Power signs $2.6 billion financing agreements for 5,500 MW solar PV Projects
ACWA Power, Saudi Arabia announces that it has signed financing agreements for three major solar photovoltaic (PV) projects – Haden, Muwayh and Al Khushaybi – …
Construction
BESIX and partners reach financial close for Abu Dhabi’s Khalifa University Accommodation PPP project
BESIX announces the financial close of the Khalifa University Accommodation PPP Project, confirming that all funding has been secured and financing conditions met. Operating under …
Finance
Bapco Energies Secures $500 million Financing from US EXIM Bank
Bapco Energies, Kingdom of Bahrain, announced the successful closing of a financial deal of US$ 500 million with the United States Export-Import Bank (US EXIM). …
Finance
Saudi’s PIF Signs MOU worth $50 billion with leading financial institutions
PIF announced in a statement that it has signed six memorandums of understanding (MoUs) worth up to $50 billion with leading financial institutions. These MoUs …
Finance
Saudi Arabia: Firms announces financial close of Taiba 2, Qassim 2 Power Plants
Aljomaih Energy & Water Co. and its consortium members Ajlan & Bros Group, Buhur for Investment Company, and the EDF Group, achieved the financial close …
Finance
Japan’s JBIC and ADNOC Signs $3 Billion Green Financing Agreement
Abu Dhabi National Oil Company (ADNOC) PJSC (ADNOC) has signed a general agreement with the Japan Bank for International Cooperation (JBIC) for a $3 billion …
Finance
Mitsui signs loan agreement for UAE’s Clean Ammonia Production Facility
Mitsui & Co., Ltd., Japan alongside TA’ZIZ (owned by Abu Dhabi National Oil Company (“ADNOC”)), Fertiglobe, and South Korea’s GS Energy Corporation, has agreed to …