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Abu Dhabi-backed CYVN Holdings invests USD 739 mn, acquiring 7% of Chinese EV maker Nio
CYVN Holdings invests in EV maker Nio: Abu Dhabi-backed investment firm CYVN Holdings is investing USD 738.5 mn in Chinese…
UAE’s Taqa acquires water solutions firm SWS Holding for USD 463 mn
Taqa to acquire SWS Holding: The Abu Dhabi National Energy Company (Taqa) will acquire water solutions firm Sustainable Water Solutions…
PIF emerges as a frontrunner in the bids for a stake in Vale’s base metals unit
Vale has a Saudi suitor: Saudi Arabia’s sovereign wealth fund the Public Investment Fund (PIF) is the leading bidder for…
Oman’s Nama merges power supply and distribution companies to cut costs
One merger to rule them all: Oman’s Nama Holding Group, the holding company of state-owned power sector entities in the…
Empower acquires five district cooling plants at Dubai International Airport
Empower acquires Dubai Airport’s district cooling plants: Emirates Central Cooling Systems (Empower) signed an agreement with the Dubai Aviation City…
Bahrain’s Investcorp acquires controlling stake in China's renewable components manufacturer Jianuo
Investcorp grabs majority stake in Chinese renewables components player: Bahrain-based alternative asset manager Investcorp has acquired a controlling stake in…
Ma’aden moves forward with buying stakes in US minerals firm Ivanhoe Electric
Ma’aden inks agreement terms with Ivanhoe: Saudi Arabian state-owned mining company Ma’aden has signed a conditional common shares subscription agreement…
Acwa Power, Alcazar Energy, and Infinity reportedly eyeing stakes in Egypt’s wind farms
Egypt’s wind farms may be getting some attention: Saudi Arabia’s Acwa Power, the UAE’s Alcazar Energy and renewables firm Infinity…
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