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Saudi Exchange/Tadawul

Saudi Exchange/Tadawul News

Engine, Machine, Motor

ACWA Power signs $2.4bn wind farm deal in Uzbekistan

Saudi-listed ACWA Power has signed a power acquisition deal with the National Electric Grid of Uzbekistan to build three wind power plants in the country. According to a bourse filing to the Tadawul exchange, the $2.4 billion Kungrad wind farm project in the north-western Karakalpakstan district of Uzbekistan, will be implemented through special purpose vehicles. […]

Aluminium Bahrain BSC is the first aluminium smelter in the Middle East

Alba confirms it is ‘exploring’ listing in Saudi Arabia

Bahrain’s sovereign wealth fund Mumtalakat is considering a secondary listing of Aluminium Bahrain BSC (Alba) on Saudi Arabia’s Tadawul stock market. Alba said in a statement to the Bahrain Stock Exchange yesterday it is “exploring various opportunities, one of which is a potential secondary listing on Saudi Arabia’s Stock Exchange which is currently under evaluation […]