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Brazilian firm looks to Saudi investors for USD 600 mn fund
The fund is backed by b’naire Marcelo Claure
Adnoc Drilling sells USD 935 mn stake in rare UAE secondary sale
The Adnoc subsidiary priced its offering at AED 3.90 a share
Acwa Power in final push on Shuaa Energy 3 solar project in Dubai
This project has now achieved full commercial operations with total capacity of 900 MW
Aramco advances on lower-carbon energy solutions
Financials and the timeline of these agreements remain undisclosed.
Spark appoints new chairman
Al Naimi held several management roles at Aramco
US energy secretary to visit Riyadh this week, suggesting progress on nuclear power agreement
Plus: IEA warns Opec+ that high oil prices are bad for inflation
Renewables are growing globally, but MENA is lagging
Solar power was the largest contributor to the increase.
Alat unveils new units to help advance AI infrastructure
Alat plans to invest USD 100 bn through 2030 across its nine business units
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