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- NBK bags seven Brandon Hall awards for excellence in community initiatives
- Goldman Sachs tops global M&A rankings with $1.48tn in deals
- Trump's Venezuela oil grab revives 'petrodollar' debate
- Kuwait Bourse closes higher
- QEWC launches new identity, changes name to 'Nebras Energy'
- Eurozone economy ends 2025 on benign note even as risks linger
- QCB foreign reserves rise 2.65% in December to QR261.868bn
- NBB receives Deutsche Bank Client Excellence Award at Sibos
- Beyon Money Business inks strategic collaboration with EazyPay
- AD Ports Group boosts leadership of its Logistics Cluster
11/01/2018 06:15 AST
Saudi Arabia's ACWA Power has invited banks to bid to arrange its initial public offer of shares, which is expected to value the company at up to $1 billion (Dh3.67 billion), sources told Reuters on Wednesday.
A request for proposals was sent to foreign and local banks last week, according to four sources, who declined to be named because of the commercial sensitivity of the matter. ACWA Power, a developer of electricity and water projects in the Middle East, Africa and Southeast Asia, did not immediately respond to a request for comment.
Gulf News
17/01/2018
Saudi Arabia-based ACWA Power, the power and desalination plant producer, could go public within the next two years, according to its CEO and President Paddy Padmanathan. ACWA, which has garnered a
Arab News
17/01/2018
The usage of blockchain technology will offer an untapped opportunity for the power generation sector, Saudi-based utility company ACWA Power said on Tuesday as it announced the adoption of Solarcoin
Gulf News
12/12/2017
Acwa Power, a major developer and operator of power and desalinated water plants, said its consortium with French water and energy management company Veolia and Oman-based Dhofar International Deve
Trade Arabia
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08/01/2026
In a renewed affirmation of its leadership and excellence in Social Responsibility and Human Resources Management, National Bank of Kuwait (NBK) was honored with seven awards from the Brandon Hall Gr
Kuwait Times
08/01/2026
The Qatar Electricity & Water Company (QEWC) has announced the launch of its new corporate identity under a new name, Nebras Energy.
This strategic transformation is based on decades-long mi
The Peninsula
08/01/2026
National Bank of Bahrain (NBB) has been recognised with Deutsche Bank's Client Excellence Award during Sibos 2025, one of the global financial industry's most prominent gatherings.
The acco
Trade Arabia
08/01/2026
Beyon Money Business, part of the Beyon Group, and Eazy Financial Services (EazyPay), a leading Bahraini payment services provider licensed by the Central Bank of Bahrain, have announced their offici
Trade Arabia
08/01/2026
AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, has announced a series of senior executive appointments to its Logistics Cluster, further strengthening
Trade Arabia
Financial Information Co.
Saudi Arabia