Business & Money | Thursday 20 February, 2025 11:48 am

ACWA Power, SEC sign SAR 13.4B PPA for Qurayyah station project

Saudi Electricity Co. and ACWA Power Co. signed on Feb. 19. a power purchase agreement (PPA), with Saudi Power Procurement Co. (SPPC) – the primary buyer – to purchase power for Qurayyah IPP Power Project expansion project using a combined cycle system. In separate statements on...

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Tourism & Hospitality | Thursday 20 February, 2025 10:13 am

Il Baretto honours Saudi Founding Day with live craft display and special menu - celebrating of heritage, produce and tradition

The 22nd February will see Il Baretto come alive with Saudi spirit, crafts and traditions, collaborating with Turquoise Mountain and an offering limited-edition menu   In an immersive celebration of the heritage, hospitality, traditions and produce of the Kingdom, Il Baretto Riyadh...

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Business & Money | Thursday 20 February, 2025 8:32 am

"Jazeera Paints" and "NHC" Signed A Cooperation Agreement During the Real Estate Future Forum 2025

“Jazeera Paints”, the leading company in the industry of paints, colors and construction solutions in KSA and MENA, signed a cooperation agreement with NHC, the largest real estate developer in the Middle East during the Real Estate Future Forum 2025 in Riyadh. This agreement aims to unify ...

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Business & Money | Wednesday 19 February, 2025 12:55 pm

Dubai Industrial City attracts over AED350 million F&B investments in 2024

Dubai Industrial City attracted more than AED350 million in investments from the food and beverage (F&B) sector in 2024, the region's leading industrial and logistics ecosystem announced on the side-lines of Gulfood, taking place at Dubai World Trade Centre until 21st February. Reflecting...

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Business & Money | Wednesday 19 February, 2025 12:51 pm

XRANGE, Mira Aerospace partner to advance high-altitude platform station flight testing

XRANGE, the region's first international multi-domain Training, Testing, and Evaluation (TT&E) facility for defence, aerospace, and commercial applications, operated by REMAYA, signed a Memorandum of Understanding with Mira Aerospace, a subsidiary of Space42, to establish a permanent testing...

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Business & Money | Wednesday 19 February, 2025 12:49 pm

EDGE reveals powerhouse suite of electronic warfare, radar, electro-optical systems at IDEX 2025

EDGE, one of the world’s leading advanced technology and defence groups, has unveiled a next-level range of new electronic warfare (EW), radar, and electro-optical/infrared (EO/IR) systems at the International Defence Exhibition & Conference 2025 (IDEX 2025). These cutting-edge systems...

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Business & Money | Wednesday 19 February, 2025 12:46 pm

Sharjah welcomes Chinese delegation to cement economic ties

As part of its efforts to strengthen and advance international economic and investment cooperation, the Department of Government Relations (DGR) in Sharjah, in collaboration with the Sharjah FDI Office (Invest in Sharjah), received a high-level delegation from the People’s Republic of China...

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Business & Money | Wednesday 19 February, 2025 12:44 pm

EWEC opens registration for Q1 2025 Clean Energy Certificates auction

Emirates Water and Electricity Company (EWEC) today announced that it has opened registration for its Q1 2025 Clean Energy Certificates (CECs) auction. The auction is scheduled to close on 14th March 2025. This initiative aligns with the UAE's Year of Community 2025 goals, which strive to...

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Business & Money | Wednesday 19 February, 2025 12:41 pm

Emerge signs agreement with Tawazun Industrial Park for 13.25MWp solar PV plant

Emerge, a joint venture between Masdar and the EDF Group, has signed an agreement to install a 13.25MWp solar PV plant for Tawazun Industrial Park (TIP). In the presence of Aurelien Delahaye, Deputy CEO ME of EDF, and Ali Alshimmari, Head of Strategic and Special Projects at Masdar, the...

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Environment & Energy | Wednesday 19 February, 2025 12:02 pm

ACWA Power Expands Portfolio with Strategic Acquisition of Assets in Bahrain and Kuwait

ACWA Power, the world's largest private water desalination company, leader in energy transition, and first mover into green hydrogen, has announced the signing of a Share Purchase Agreement (SPA) with the regional subsidiary of French utility developer ENGIE, to acquire assets at an amount of $693...

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