Latest MEA News

  • GIB closes first sustainability-linked syndicated loan

    GIB has closed a $625 million sustainability-linked syndicated loan – it was oversubscribed more than two times

  • Masdar identifies sites for Iraqi solar IPPs

    Emirati renewables developer Masdar has identified 5 sites for solar IPPs across Iraq with a combined power output of 1GW

  • US DFC signs loan for Khor Mor gas plant expansion

    US DFC has signed with Pearl Petroleum a $250 million loan for the $630 million expansion of the Khor Mor gas treatment plant in Iraq

  • JERA sets up Dubai branch

    Japanese power and water developer JERA has established a new subsidiary based in Dubai to serve as the company’s base of operations for three regions – JERA Middle East & Africa

  • NWC awards water O&M

    Saudi Arabia's NWC has awarded a $58.9 million O&M contract for water and environmental treatment services to a Miahona-led consortium

  • Utico sets sights on hydrogen sector

    Emirati power and water developer Utico has announced its intention to enter the green hydrogen sector and is currently in talks with potential partners

  • JICA signs third new loan for Basra refinery upgrade

    The JICA has signed with the government of Iraq a $211.8 million loan for the Basra Refinery Upgrading Project III – the third phase

  • Apicorp's debut green bonds attract strong interest

    The Arab Petroleum Investments Corporation has raised $750 million from its debut green bonds.

  • Egypt and Saudi Arabia sign off interconnection project

    The governments of Egypt and Saudi Arabia have signed the project agreements for the $1.8 billion, 900km-long interconnector following the EPC contract award

  • Yet more time for Facility E bidders

    Kahramaa has yet again extended the bid deadline for its $3 billion, 2.6GW Facility E IWPP

  • SWPC launches Jubail–Buraydah pipeline project

    SWPC has kicked off with the next pipeline project on its list – the 603km Jubail-Buraydah IWTP

  • ADNOC invites interest in staff accomm

    ADNOC has invited EoIs for the development of 5,800 staff accommodation units

  • UAE joins EBRD

    The United Arab Emirates has become a full member-state and the 72nd shareholder of the EBRD, opening up new investment opportunities in energy and infra across the DFI’s regions

  • A.P. Moller brings in Suri

    A.P. Moller Capital has hired Ravi Suri as a senior managing director for investing equity in infrastructure projects in emerging markets

  • ACWA Power completes bookbuilding process

    Saudi power and water developer ACWA Power has announced the results of the bookbuilding process of its IPO – with a “world record subscription of 248x amounting to $300 billion”

  • UPDATE: Saudi Arabia invites intercity bus EoIs

    The Transport General Authority of Saudi Arabia has invited EoIs under its Intercity Bus Liberalisation Programme

  • ADNOC completes drilling subsidiary bookbuild

    ADNOC has announced the completion of the bookbuild and public subscription process for the IPO of its ADNOC Drilling Company with gross proceeds expected to top $1.1 billion

  • Bahrain abolishes National Oil and Gas Authority

    Bahrain’s NOGA has been abolished and its functions transferred to the Ministry of Oil

  • EBRD and Morocco sign energy transition MoU

    The European Bank of Reconstruction and Development has signed with the Moroccan Research Institute for Solar Energy and New Energies a MoU on energy transition