ROSHN Secures SAR 9 Billion (USD 2.4 Billion) Syndicated Credit Facility to Support Growth and Expansion Plans ..Read More

ROSHN Secures SAR 9 Billion (USD 2.4 Billion) Syndicated Credit Facility to Support Growth and Expansion Plans Aligned with Saudi Arabia's Vision 2030
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• Power

Khalifa Economic Zones Abu Dhabi (KEZAD Group) and Azizi Developments sign a 50-year land lease to establish 1 ..Read More

Khalifa Economic Zones Abu Dhabi (KEZAD Group) and Azizi Developments sign a 50-year land lease to establish 12 advanced factories in KEZAD A, with a total investment of AED 1 billion. The facilities will enhance the housing industry's efficiency and sustainability in Abu Dhabi.
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• Construction

Alef Group launches Olfah, Sharjah’s AED 2.5 billion residential project featuring the largest private commu ..Read More

Alef Group launches Olfah, Sharjah’s AED 2.5 billion residential project featuring the largest private community park. Spanning 84,814.40 sqm, it includes 12 buildings with 2,787 units, blending luxury living with expansive green spaces and commercial facilities.
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• Construction

Xendee's advanced modeling and distributed energy expertise have helped NEOM realign its renewable energy stra ..Read More

Xendee's advanced modeling and distributed energy expertise have helped NEOM realign its renewable energy strategy, shifting from centralized power grids to high-efficiency microgrids, incorporating solar, wind, battery systems, and hydrogen fuel cells to power key locations like The Line, Oxagon, and an Archipelago of 10+ islands.
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• NEOM

TAQA and JERA Announce Financial Closing of $X Billion Najim Cogeneration Plant in Jubail, Saudi Arabia; New F ..Read More

TAQA and JERA Announce Financial Closing of $X Billion Najim Cogeneration Plant in Jubail, Saudi Arabia; New Facility to Supply 475 MW Power and 452 TPH Steam Using Advanced J-Class Gas Turbine Technology. Project Includes 25-Year Build, Own, Operate Agreement with Potential 5-Year Extension, and Will Support SATORP’s Strategic Expansion with State-of-the-Art Efficiency and Sustainability Features, Including Future Carbon Capture and Hydrogen Cofiring Capabilities
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• Power

ACWA Power Hosts Groundbreaking Ceremony for $260M Beruniy Wind IPP Project in Uzbekistan; 200 MW Wind Plant a ..Read More

ACWA Power Hosts Groundbreaking Ceremony for $260M Beruniy Wind IPP Project in Uzbekistan; 200 MW Wind Plant and 100 MW Battery Storage System to Generate 800 Million kWh Annually, Save 212 Million m³ of Gas, and Cut CO2 Emissions by 336,000 Tons. Partnership with NEGU Supports Uzbekistan’s Green Energy Goals and Investment Surge, with Completion Expected by Q4 2026
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Masdar and Infinity Power Sign PPA for 200 MW Wind Project in Egypt’s Gulf of Suez; Project to Produce 810,0 ..Read More

Masdar and Infinity Power Sign PPA for 200 MW Wind Project in Egypt’s Gulf of Suez; Project to Produce 810,000 MWh Annually, Avoid 403,672 Tons of CO2 Emissions, and Support Egypt’s Sustainability Goals. Part of Infinity Power’s Ambitious 10 GW Renewable Energy Target by 2030. Signed in Presence of Key Egyptian and UAE Officials
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• Power

ACWA Power Announces Commercial Operation for 700 MW Ar Rass Solar Plant in Saudi Arabia; Largest PV Project U ..Read More

ACWA Power Announces Commercial Operation for 700 MW Ar Rass Solar Plant in Saudi Arabia; Largest PV Project Under National Renewable Energy Programme, Valued at $450M, Powers 132,000 Homes. ACWA Power Holds 40.1% Stake, with Badeel and State Power Investment Corporation as Key Partners. Project Supports Saudi Arabia’s Goal to Produce 15,000 MW of Clean Energy by 2023 and Contributes to the Kingdom’s Renewable Energy Targets.
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• Power