As per the deal, it will develop and finance the desalination plant, which will be operated and maintained by Engie in Saudi Arabia. The project will utilize reverse osmosis technology to supply …
HSF advises lenders to Yanbu 4 IWP, Saudi Arabia
Herbert Smith Freehills’ projects team has successfully advised the lenders in relation to the multi-sourced project financing for the Yanbu 4 …
Engie consortium reaches financial close on $826m Saudi RO plant
As per the deal, it will develop and finance the desalination plant, which will be operated and maintained by Engie in Saudi Arabia. The project will utilize reverse osmosis technology to supply …
HSF advises lenders to Yanbu 4 IWP, Saudi Arabia
Herbert Smith Freehills’ projects team has successfully advised the lenders in relation to the multi-sourced project financing for the Yanbu 4 …
Goldman Sachs’ Investment Banking Head for Saudi Arabia Goes to PIF
Eyas AlDossari, the Head of Investment Banking for Saudi Arabia, is taking a job at Saudi Arabia’s Public Investment Fund (PIF). Eyas AlDossari joined Goldman Sachs in 2017 from HSBC’s Saudi Arabian …
Goldman’s Saudi Investment Bank Chief Said to Leave for PIF Role
Goldman Sachs Group Inc.’s head of investment banking for Saudi Arabia is leaving to join the kingdom’s sovereign wealth fund, according to people familiar with the matter, the latest in a string of …
COVID-19 and economic crisis have Jordan on the brink
Jordan received no financial aid from Saudi Arabia, and the International Monetary Fund demanded that it carry out reforms as a condition for receiving loans. In mid-2018, there were large …
Islamic FinTech is on the rise in Saudi Arabia, UAE and globally
Islamic fintech is a fast-growing segment of financial technology among Organisation of Islamic Cooperation (OIC) countries, with the UAE and Saudi Arabia leading in transaction volume and ecosystem …
Brazil, Saudi Arabia and Morocco ‘told of delay in Covid jabs from India’
Serum Institute cites Indian demand and capacity expansion for lack of AstraZeneca vaccine, source says …
Oil giant Saudi Aramco sees 2020 profits drop to $49 billion
Saudi Arabia’s state-backed oil giant Aramco says that its profits sharply fell in 2020 to $49 billion. The big drop came as the the coronavirus pandemic roiled global energy markets. Saudi Arabian …