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Ewec receives four bids for Saadiyat Island SWRO desalination project
Commercial operations are slated by Q3 2027
Barakah starts up fourth reactor + Sharjah closes USD 750 mn sustainable bond issuance
Plus: Fresh AI investments, more investments in Egypt, and a new desal tech competition
KSA’s Acwa secures USD 738 mn to finance Dubai’s Hassyan desalination plant
The facility has been provided by regional and international lenders for a 32.5 year financing duration
TAQA hits financial close on AED 1.6 bn desalination project
71% of the funding is debt financing from local and international banks
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