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- Bahrain All Share Index closes higher
- Gulf Bank showcases banking services and red Account benefits for youth
- Ooredoo sells 6% stake in Meeza; to focus on expansion of Syntys
- Real estate prices in Oman rise 10.8% in Q2 2025
- FTSE Russell includes Al Mahhar Holding in global equity Index Series
- AD Ports breaks ground on $380m Angolan ports terminal
- Oman Investment Bank completes $190m bond issuance for Sindbad Overseas
- QSE ends three days of bull-run as index loses 41 points; M-cap melts QR1.28bn
- QIMC buys Qatar Oman Investment's 7% stake in QALEX
- QNB enables UPI acceptance in Qatar; Qatar Duty Free becomes 'first live' merchant
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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22/09/2025
Gulf Bank announced its sponsorship and participation in the orientation event for new students organized by the American University of Kuwait, as part of its ongoing commitment to engage with new st
Kuwait Times
22/09/2025
Ooredoo Group has sold a minority 6% stake in Meeza- QSTP, Doha's leading managed information technology services and solutions provider, to certain funds managed by Fiera Capital (UK) at the current
Gulf Times
22/09/2025
Al Mahhar Holding Company, a public shareholding company providing specialised services and products to the energy and infrastructure sectors, has been included in the FTSE Russell Global Equity Inde
Gulf Times
22/09/2025
AD Ports Group has laid the foundation stone for the Noatum Ports Luanda Terminal at the Port of Luanda, marking the commencement of one of the most significant port modernisation and expansion proje
Trade Arabia
22/09/2025
Qatar Industrial Manufacturing Company (QIMC) has signed an agreement to purchase a 7% stake held by Qatar Oman Investment Company in Qatar Aluminum Extrusion Company (QALEX), bringing its total stak
Gulf Times
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