Acwa Power, a global utility leader, said it has successfully completed the acquisition of French energy major Engie’s strategic gas-fired power generation and water desalination assets in Kuwait and Bahrain along with the related O&M companies for $693 million.
ADGM, the international financial centre of Abu Dhabi, is entering its second decade with strengthened momentum, as it announces the addition of 11 new major global financial institutions representing more than $9 trillion in assets under management.
The value of assets held by local and foreign public investment funds in the Saudi financial market grew by 36.1% annually, climbing by SAR57.9 billion ($15.44 billion) to approximately SAR217.9 billion ($58.11 billion) by the end of the third quarter of 2025, compared to SAR160.1 billion during the same period in 2024.
Jadwa Investment, a leading investment management and advisory firm in the Middle East, has announced the launch of its flagship private credit fund, Jadwa GCC Diversified Private Credit Fund, with a target size of up to SAR750 million ($200 million).
