ACWA Power raises credit facility

22/08/2016 04:39 AST

Water and project developer ACWA Power said it has increased its 2015 revolving credit facility by SR600 million to SR1.309 billion. Saudi Hollandi Bank (SHB) funded all of the enhanced facility and the total facility is available until the third quarter of 2020, ACWA said in a statement.

ACWA also said it now has SR3.484 billion revolving credit facility at its disposal. The facility used a Shariah-compliant murabaha structure, the statement said.


Arab News

News

Saudi Arabia’s ACWA powers on with IPO plan

17/01/2018

Saudi Arabia-based ACWA Power, the power and desalination plant producer, could go public within the next two years, according to its CEO and President Paddy Padmanathan. ACWA, which has garnered a

Arab News

Saudi Arabia’s ACWA Power to adopt Solarcoin

17/01/2018

The usage of blockchain technology will offer an untapped opportunity for the power generation sector, Saudi-based utility company ACWA Power said on Tuesday as it announced the adoption of Solarcoin

Gulf News

Saudi Arabia’s ACWA Power invites banks to arrange IPO -sources

11/01/2018

Saudi Arabia’s ACWA Power has invited banks to bid to arrange its initial public offer of shares, which is expected to value the company at up to $1 billion (Dh3.67 billion), sources told Reuters on

Gulf News

Most Viewed Companies

Ticker Price Volume
SABIC 114.77 5,915,941

Valuation

APBS Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
NLIF 0.32 0.00 (0.00%)
OTEL 0.88 0.00 (0.00%)
ORDS.MSM 0.50 0.00 (0.00%)
SSPW 0.24 0.00 (0.00%)
PHPC 0.14 0.00 (0.71%)

Recent News

SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News

logo

Financial Information Co.

P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap