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- Beyon reinforces regional leadership with Group presence at GITEX Global 2025
- Gold nears fresh record high on safe-haven demand
- QNB 'Official Bank' of Big 5 Construct Qatar Exhibition 2025
- Commercial Bank honoured with 9 Global Finance Awards in 2025
- First phase of Zain Great Idea regional edition kicks off with intensive bootcamps
- Agreements inked to localise projects in Khazaen Economic City worth over OMR276mn
- Bank Muscat reports 12.2% rise in nine-month net profit to RO191.57mn
- World Bank Group to open office in Muscat
- Karwa Motors to Build Mercedes-Benz Buses in Oman, pact signed in Brussels
- Dukhan Bank announces October Thara'a draw winners
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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16/10/2025
Beyon strengthened its regional leadership through its strong participation at GITEX Global 2025, the region's leading technology and AI event, taking place at the Dubai World Trade Centre until Octo
BNA
16/10/2025
QNB Group participated as the 'Official Bank Sponsor' for the Big 5 Construct Qatar Exhibition 2025, Qatar's largest construction event, bringing together local and international companies to showcas
Gulf Times
16/10/2025
Commercial Bank has been recognised by Global Finance magazine with "multiple prestigious" awards, underscoring its leadership in advancing digital banking, fostering innovation, and delivering seaml
Gulf Times
16/10/2025
The first phase of the Zain Great Idea tech startup accelerator regional edition kicked off with intensive training bootcamps that brought together leading global, regional, and local experts across
Kuwait Times
16/10/2025
Bank Muscat, the Sultanate's flagship financial institution, posted a net profit of RO191.57mn for the nine months ended September 30, up 12.2% from RO170.79mn in the same period last year, the bank
Muscat Daily
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia