Tag: Saudi Arabia Business News
ACWA Power secures $800mn refinancing facility for its subsidiary RAWEC
ACWA Power, a Saudi Arabia-based power plant developer, has secured an $800 million refinancing facility for its subsidiary, Rabigh Arabian Water and Electricity Company...
CITC expands its 5th phase free local roaming service to Makkah...
Saudi Arabia's Communications and Information Technology Commission's (CITC) free local roaming service on its 5th phase has included a total of 5,737 villages of...
Saudi’s KiCE seals diesel generator supply deal with Al Falah Ready-mix
KiCE Construction, the only manufacturer of mobile, portable and static Concrete Batching & mixing Plants and accessories in Saudi Arabia, will deliver 100 generators...
Saudi’s MAWANI unveils new shipping service linking Jeddah to Djibouti
Saudi Arabia’s Ports Authority (MAWANI) has launched a new direct shipping service connecting Kingdom to Djibouti in an important development that helps to utilize...
ACWA Power secures $1.33bn for Red Sea Multi-Utilities Project
Saudi Arabia-based power plant developer, ACWA Power has closed $1.33 billion senior debt financing for the Red Sea Multi-Utilities Project.
The senior debt facility closure...
Saudi Culture Ministry & SAIP sign MoC to protect intellectual property
Saudi Authority for Intellectual Property (SAIP) and the Ministry of Culture have signed a Memorandum of Cooperation (MoC) aimed at safeguarding the intellectual property...
Saudi Ministry issued 68 industrial licenses in Nov; Posts 14% rise
Saudi Arabia’s Ministry of Industry and Mineral Resources has issued 68 new industrial licenses during November with an investment volume of up to $196...
SABIC earns Platinum Medal from EcoVadis for sustainability leadership
Saudi Basic Industries Corporation (SABIC), the fourth largest chemical company in the world, has secured a Platinum Medal from EcoVadis, a leader in third-party...
