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- Flynas IPO: Saudi Arabia's Budget Airline Takes Flight on the Stock Market
- TAQA Group reports Q1 revenue of $ 3.87bn, up 3.8%
- Bahrain All Share Index closes higher
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- Abraj Energy signs deal with BP for drilling rig in Block 61
- Commercial Bank launches new CB Corporate Banking App
- QSE sees 62% of stocks in the red; index loses 19 points
- Financial markets development essential to Qatar's comprehensive financial strategy: QCB Governor
04/04/2025 09:41 AST
Oman's Nama Power & Water Procurement Company has announced that it has received bids from 12 major utility project developers for two of its key projects - Misfah IPP within Muscat Governorate and Duqm IPP in Al Wusta area.
Those who submitted the statement of qualifications (SOQS) for the project are: global players including Samsung C&T Corporation; Korea Western Power; Marubeni Corporation; Sumitomo; Reliance Power; Sembcorp Utilities and Shenzhen Energy Group, said Nama in a statement.
The key regional players in the race are Acwa Power Company; Nebras Power; Al Ghanim International
as well as Etihad Water and Electricity Company and Al Jomaih Energy & Water Company.
According to Nama, two combined cycle gas turbines power plants with a total capacity of 2,400 MW will be developed as part of the project.
The project will be developed in partnership with the private sector, it added.
Trade Arabia
15/05/2025
Saudi Arabia's ACWA Power has signed new agreements worth $500 million with several US firms, further solidifying its strategic ties with the country and expanding the scope of joint energy projects
Arab News
23/04/2025
Saudi utility giant ACWA Power has secured an SR750 million ($119 million) Shariah-compliant term loan facility from Alinma Bank to fund its new headquarters in Riyadh.
The seven-year agreem
Arab News
06/04/2025
Saudi utility giant ACWA Power has commenced commercial operations at two major wind power plants in Uzbekistan.
ACWA Power holds a 65 percent stake in both projects, having sold a 35 percen
Arab News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| TAQA | 3.14 | 0.01 (0.31 |
| DEWA | 2.74 | 0.04 (1.48 |
| SAUDIELECTRICITY | 14.38 | 0.02 (0.13 |
| EMPOWER | 1.60 | 0.01 (0.62 |
| MARAFIQ | 42.35 | 0.15 (0.35 |
16/05/2025
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE
Trade Arabia
16/05/2025
Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.
The
Muscat Daily
16/05/2025
Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.
This stat
Gulf Times
16/05/2025
Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi
Gulfnews
16/05/2025
In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental
Kuwait Times
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