June 5, 2025
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  • [ June 4, 2025 ] Qatar Investment Authority, Msheireb Properties Signs Strategic Partnership Construction
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  • [ June 3, 2025 ] Combined Group awarded $234 million Road Works Contract in UAE Construction
HomeFinance

Finance

Finance

Saudi Arabia’s Advanced Petrochemical announces the financial close of SAR 6.1bn for PDH and PP Plant

December 6, 2022 SaudiGulf Projects

Advanced Petrochemical Company, Saudi Arabia announces the financial close for the financing of SR 6.1 Billion Shari’ah Compliant Islamic Facilities by Advanced Polyolefins Industry Company …

Finance

Bahrain’s Alba announces Financial Close for its 680.9MW Power Station

November 16, 2022 SaudiGulf Projects

“Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminium smelters, announced in a statement that it has reached the financial close for its Block …

Finance

SWPC announces financial Close for the Shuaibah-3 IWPP Conversion Project

October 27, 2022 SaudiGulf Projects

Saudi Water Partnership Company (SWPC) announced in a statement that it has successfully achieved financial close for the Shuaibah-3 IWPP Conversion Project, from Multi-stage Flash …

Finance

Standard Chartered arranges financing for Saudi-Egypt electricity interconnection project

October 18, 2022 SaudiGulf Projects

Standard Chartered Bank (with Sumitomo Mitsui Banking Corporation) announces the provision of a $566.4m Export Credit Agency supported Islamic financing facility for Saudi Electricity Company …

Finance

Saudi Arabia’s PIF Announces Successful Completion of USD 3bn Inaugural Bond

October 6, 2022 SaudiGulf Projects

The Public Investment Fund (PIF) announced in a statement that it has completed its first-ever bond issuance, first-ever century green bond, raising USD 3 billion …

Finance

UAE achieves financial close for $3.8bn HVDC subsea power transmission network Project

September 25, 2022 SaudiGulf Projects

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) announced the successful financial closing of their $3.8 billion strategic project …

Finance

UAE’s TAQA secures AED4 billion Project Financing for Mirfa International Power & Water Plant

September 21, 2022 SaudiGulf Projects

Abu Dhabi National Energy Company (TAQA), UAE has announced that the Mirfa International Power & Water Company (MIPCO), the project company that owns and operates …

Finance

Masdar Achieves Financial Close on Uzbekistan’s 500MW Wind Project

September 3, 2022 SaudiGulf Projects

Masdar, UAE, announced that it has achieved financial close on the 500-megawatt (MW) Zarafshan wind project – Uzbekistan’s first utility-scale wind farm. The announcement was …

Construction

J.O Steel, UK to Invest $865 Million in Saudi Arabia

September 1, 2022 SaudiGulf Projects

UK-based J.O. Steel Holdings PLC announced in a statement that it has secured a $692 million credit facility from a consortium of banks and financial …

Finance

SEC secures $3.5bn financing facilities

August 13, 2022 SaudiGulf Projects

Saudi Electricity Company (SEC), the Kingdom of Saudi Arabia’s premier electricity service provider, has announced signing an agreement to obtain a USD-denominated $3 billion International …

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MOST READ

  • Combined Group Kuwait Signs $104.3 million Contracts with KOC
    Combined Group Kuwait Signs $104.3 million Contracts with KOC
  • HEISCO awarded $45 million Contract from KOC
    HEISCO awarded $45 million Contract from KOC
  • Lamar Holding Celebrates Abu Ali Housing Groundbreaking with Saudi Aramco
    Lamar Holding Celebrates Abu Ali Housing Groundbreaking with Saudi Aramco
  • NEOM Green Hydrogen Project reaches 80% Construction Completion
    NEOM Green Hydrogen Project reaches 80% Construction Completion
  • KEC International awarded 380kV OHTL Contract in Saudi Arabia
    KEC International awarded 380kV OHTL Contract in Saudi Arabia
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