April 18, 2026
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HomeFinance

Finance

AMAALA

AMAALA : EDF and Masdar Consortium Achieves Financial Close on $1.5 billion Multi-Utilities Infrastructure Facility

October 31, 2024 Mohammad S
The consortium led by EDF Group and Masdar, alongside their partners Korea East-West Power Co. (EWP) and SUEZ, announced that it has reached the financial …
Finance

ACCIONA secures €300 million in sustainable financing for projects in GCC

October 18, 2024 Mohammad S
ACCIONA, announced in a statement that it has secured new sustainable financing worth €300 million to fund key projects aimed at reducing carbon emissions and …
Finance

Hafeet Rail Signs $1.5 billion Financing Agreements

October 9, 2024 Mohammad S
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 …
AI and Data Center

Qatar’s Ooredoo Group Secures QAR 2 billion Financing Deal to Accelerate Data Centre Expansion

September 24, 2024 Mohammad S
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

September 17, 2024 Mohammad S
The project company, led by EDF Renewables and Korea Western Power (KOWEPO), alongside their partner Abu Dhabi Future Energy Company PJSC – Masdar, announced the …
Solar PV Image
Finance

ACWA Power signs $2.6 billion financing agreements for 5,500 MW solar PV Projects

September 1, 2024 Mohammad S
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

August 14, 2024 Mohammad S
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

August 11, 2024 Mohammad S
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

August 1, 2024 Mohammad S
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

July 13, 2024 Mohammad S
Aljomaih Energy & Water Co. and its consortium members Ajlan & Bros Group, Buhur for Investment Company, and the EDF Group, achieved the financial close …

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NMDC Energy and Hilong Sign MoU to Explore Collaboration in UAE and KSA

May 20, 2025
NMDC Energy PJSC, a provider of engineering, procurement and construction services for offshore and onshore energy clients, has announced the signing of a Memorandum of …
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NEOM: L&T awards 2.2 GW PV Inverter and 600 MWh ESS Solutions to Sungrow

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