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ACWA unit looks to build world’s second-largest wind farm in Egypt
ACWA Power could build one of the world’s largest wind farms in Egypt: Saudi renewable energy developer ACWA Power will…
Aramco profits surge 90% in 2Q 2022
EARNINGS WATCH- #1- Saudi Aramco’ posts record net income amid spiraling oil prices: Saudi Aramco reported record 2Q 2022 and…
USD 8 bn from KSA and much more…Possibly USD 30 bn more.
Egypt signed 14 investment agreements with Saudi Arabia worth USD 7.7 bn during Crown Prince Mohamed bin Salman’s visit to…
THIS EVENING: Egypt signs USD 7.7 bn-worth of MoUs with Saudi to develop key sectors + Kellogg to split into three companies
As we predicted this morning, it’s a busy news day on the home front, ladies and gentlemen, with investment front…
THIS MORNING: US floats Russia oil ban; Oil market freaks out
Good morning, wonderful people. It’s another packed issue today, with fallout from Russia’s war in Ukraine still dominating the headlines…
ACWA Power in advanced talks with SFE over wind farm in Gulf of Suez
ACWA Power in talks over c. 250 MW wind farm: Saudi renewables company ACWA Power is in advanced talks with…
Gov’t to begin signing off on USD 3 bn of water desalination bids in 1H2022
Gov’t to rule on USD 3 bn-worth of desalination bids in 1H2022: Al Nowais, ACWAPower, Mitsubishi, Schneider Electric, Shanghai SafBon…
Is Uber planning to sell a stake in Careem?
Is Uber planning to sell a stake in Careem? Uber is in talks with its Middle East unit Careem to…
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