Finance
Oman, Kuwait Fund Sign Financing Agreement for Duqm Internal Roads Project
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
Finance
JBIC Signs Financing Agreement for Yanbu Wind Power Generation Project in Saudi Arabia
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
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
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
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
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
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
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
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
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) …