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Qurayyah IPP expansion hits financial close
The financing saw secured from local, regional and international lenders
Midad Energy to invest USD 5.4 bn in Algerian hydrocarbon
Midad will fully finance the planned investments, including USD 288 mn dedicated to exploration activities.
Chinese firms are getting renewable energy contracts all over the Kingdom
The contracts cover three solar and two wind projects.
Al Yamamah Steel’s Yanbu wind power factory goes live
ALSO- S&P Global reaffirmed Wataniya Ins.’s ratings at BBB+ and ksaAA+ on the Saudi National Scale Rating
Arabian Mills announces major capacity upgrade
Aramco-backed MidOcean expands into Canada with Petronas LNG deal
Saudi Arabia allocated USD 25.1 bn to green FDI between 2020-2024 -strategy&
The investments went to Egypt, Thailand, Brazil, Australia, and the UK
Project spending to continue driving GDP growth -Emirates NBD
The Kingdom’s project pipeline is valued at USD 1.55 tn, led by construction, power, and transport
Opec+ pushes forward with more production hikes
The group said that it will continue monthly hikes through September 2026
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