May 12, 2026
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HomeFinance

Finance

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 …
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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 …
Finance

ACWA Power Announces Refinancing of Rabigh 3 IWP

December 22, 2025 Mohammad S
ACWA Power, announces that it has completed the refinancing of the Rabigh 3 Independent Water Project (IWP). The transaction is an important milestone for Saudi …
Finance

UAE’s ADNOC secures $2 billion K-SURE-backed Green Financing

December 21, 2025 Mohammad S
Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”), has signed a $2 billion (AED7.34 billion) green financing agreement backed by Korea Trade Insurance Corporation (K-SURE) …

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BGB China awarded $136.7m onshore 3D seismic survey in Kuwait

August 4, 2021
BGP Inc., a subsidiary of China National Petroleum Company (CNPC), announced in a statement that it has awarded a contract related to onshore 3D seismic …
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DarGlobal appoints Al Dahlawi Company to deliver main works at Amaya, Jeddah

April 23, 2026
DarGlobal, the London-listed luxury real estate developer, has appointed Dahlawi Construction Co. for Contracting as the contractor to deliver works at Amaya, its flagship masterplan …
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