April 18, 2026
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HomeFinance

Finance

Emirates NBD and Siemens signing partnership for green infrastructure financing
Finance

Emirates NBD Partners with Siemens to Boost Green Infrastructure Financing

June 9, 2025 Mohammad S
Emirates NBD, UAE has partnered with Siemens to announce an innovative finance and resourcing agreement aimed at accelerating the funding of future green infrastructure projects …
Finance

Rabigh 2 Solar IPP: Aljomaih Energy Achieves $220M Financial Close for 300MW Plant

June 1, 2025 Mohammad S
Aljomaih Energy and Water Company, Saudi Arabia announced that its consortium with France’s TotalEnergies Renewables has achieved financial close on the 300 megawatt (MW) Rabigh …
Construction

Diriyah Company signs $1.6 billion financing agreement with Banque Saudi Fransi

March 13, 2025 Mohammad S
Diriyah Company, Saudi Arabia announces that it has secured a USD1.6 billion (SAR 6 billion) financing agreement from Banque Saudi Fransi (BSF) to fund the …
Finance

Oman’s Be’ah Signs $132million Financing Agreement with Ahli Islamic Bank

February 20, 2025 Mohammad S
Oman Environmental Services Holding Company (Be’ah) signed a financing agreement with Ahli Islamic Bank to implement the second phase of the industrial waste treatment facility …
Finance

SWPC announces financial close of Al-Haer Independent Sewage Treatment Plant

February 8, 2025 Mohammad S
The Saudi Water Partnership Company (SWPC) announces the achievement of the financial close of the Al-Haer Independent Sewage Treatment Plant (ISTP) project in Riyadh. The …
Finance

ROSHN Group Secures SAR 2 Billion Credit Facility from Saudi National Bank

February 5, 2025 Mohammad S
ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a PIF Company, has agreed a two billion Saudi Riyal Shariah-compliant credit facility with …
Finance

Abu Dhabi’s Khalifa City School project achieves the financial close

January 9, 2025 Mohammad S
The BESIX-Plenary Group consortium announces that it has achieved the financial close on the Khalifa City School project in Abu Dhabi. The project was procured …
Finance

ACWA Power, HAU Energy achieves financial close for 1.1GW Suez Wind Farm in Egypt

January 5, 2025 Mohammad S
ACWA Power, Saudi Arabia, together with consortium partner HAU Energy, a subsidiary of Hassan Allam Utilities, have achieved the financial close for the 1.1GW Suez …
Finance

Saudi Electricity Company signs $3.6 billion Credit Facility Agreement

December 12, 2024 Mohammad S
Saudi Electricity Company (SEC) announces that it has signed USD 3.6 billion (equivalent to SAR 13.5 billion) International Syndicated Credit Facility agreement. The financing entities …
Finance

Jinko Power achieves financial close for 400 MW Tabarjal Solar PV Project

November 24, 2024 Mohammad S
Jinko Power Technology Co., Ltd announced in a statement that it has successfully achieved financial close and is set to commence construction on its 400 …

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Oil and Gas

Jereh successfully delivered the Jurassic Production Facility 5 (JPF5) Project in Kuwait

September 27, 2024
Jereh Group announced in a statement that it has successfully delivered the Jurassic Production Facility 5 (JPF5) project in North Kuwait. The company stated that, …
Construction

Oman received bids of $635 million for Adam-Thumrait dualisation road

February 2, 2020
Oman’s Ministry of Transport and Communications announces the bid results for the project” Construction of  three sections of the Adam-Thumrait dualisation road”. The total length …
Oil and Gas

Arabian Drilling Secures Contract Extension for Gas Land Rigs With SLB

August 17, 2025
Arabian Drilling, Saudi Arabia’s largest drilling contractor by fleet size, announced the signing of a one-year extension for all eleven LSTK (Lumpsum Turnkey) gas land …
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