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- Abu Dhabi's TII, NVIDIA launch Mideast's first joint AI & robotics lab
- NBK receives 'Silver Excellence in Diversity and Inclusion' Award for NBK RISE Program
- Burgan Bank launches specialized training program for MoI
- Contribution of OQ's listed subsidiaries highlighted at Capital Markets Day
- Oman's financial system resilient despite global headwinds: CBO
- Saudi Arabia, Boeing agree deal on advanced air mobility
- Talabat declares $202m interim dividend
- Gold surges to new peak on safe-haven demand, Fed rate cut bets
- ACWA Power, L&T enter deal for Yanbu Green Hydrogen Hub work
- World Bank establishes regional hub in Riyadh
11/01/2018 06:15 AST
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 Wednesday.
A request for proposals was sent to foreign and local banks last week, according to four sources, who declined to be named because of the commercial sensitivity of the matter. ACWA Power, a developer of electricity and water projects in the Middle East, Africa and Southeast Asia, did not immediately respond to a request for comment.
Gulf News
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
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
12/12/2017
Acwa Power, a major developer and operator of power and desalinated water plants, said its consortium with French water and energy management company Veolia and Oman-based Dhofar International Deve
Trade Arabia
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24/09/2025
National Bank of Kuwait (NBK) has received the Silver Excellence in Diversity and Inclusion Award from the prestigious Society for Human Resource Management (SHRM) for its NBK RISE Program, during ME
Kuwait Times
24/09/2025
In a new step to help advance Kuwait's digital transformation and empower Kuwaiti talents, Burgan Bank launched a specialized training program to support Kuwait's Ministry of Interior (MoI) in meetin
Kuwait Times
24/09/2025
Talabat Holding, a leading on-demand online ordering and delivery platform in the MENA region, today announced that its Board of Directors has approved the distribution of an interim dividend of 3.18
Trade Arabia
24/09/2025
The Renewables (RENU) vertical of Larsen & Toubro has signed a memorandum of understanding with ACWA Power for the renewables and grid scope of the pioneering Yanbu Green Ammonia Project in Saudi Ara
Trade Arabia
24/09/2025
Dubai's stock market has been buzzing with big-name listings over the past three years. From Salik and Parkin to Dubai Taxi and DEWA, state-backed IPOs have drawn record subscriptions and strong gain
Gulfnews
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