Borsat Al Khaleej Live Support
Leave a message and our representative will contact you soon
25/09/2026 02:03 AST
Global utility major Acwa Power has announced that it has received notices from Sidra First Electricity Company in Madinah and Qudra First Electricity Company in Qassim confirming the issuance of initial commercial operation certificates for the key units of its combined cycle gas turbine (CCGT) power plant projects - Taiba 1 and Qassim 1.
The initial generating capacity of Taiba 1 is 1,272MW, compared with the project's total capacity of 1,934 MW. Qassim 1 has an initial generating capacity of 1,283MW, out of a total capacity of 1,896MW, said Acwa Power in its filing to Saudi bourse Tadawul.
Acwa Power owns a 40% stake in each of Sidra First Electricity Co. and Qudra First Electricity Company.
The financial impact of the initial commercial operations of the two projects is likely to begin in Q4, it added.
Trade Arabia
29/09/2026
The consortium comprising the Water Transmission Company (WTCO) and Acwa Power held on Monday a preparatory meeting in Damascus on the tripartite agreement concluded with the Syrian Ministry of Energ
Asharq Al Awsat
09/09/2026
Syria's water infrastructure is set to receive a boost under a new agreement involving Saudi utility developer Acwa, marking the latest step in Saudi Arabia's expanding role in rebuilding the countr
Arab News
01/09/2026
Saudi-listed Acwa, a private water desalination company and a player in the energy transition, has signed a memorandum of understanding with Veolia to optimise seawater desalination across the full
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| TAQA | 2.66 | 0.00 (0.00 |
| DEWA | 2.72 | 0.01 (0.36 |
| SAUDIENERGY | 15.94 | 0.32 (2.04 |
| EMPOWER | 1.61 | 0.01 (0.62 |
| MARAFIQ | 42.00 | -0.64 (-1.51 |
30/09/2026
The National Bank of Bahrain (NBB) has signed agreements with Union Real Estate and Effects Real Estate to expand its partnerships with property developers and offer prospective homebuyers in the kin
Trade Arabia
30/09/2026
Real estate developers need to look beyond iconic buildings and focus on creating communities where people can live, connect and build everyday experiences, according to Mohamed Alabbar, founder of E
Khaleej Times
30/09/2026
Arabian Drilling, a leading Saudi Arabian oil and gas drilling contractor, has announced that it had signed a SAR2 billion ($528 million) deal with Khafji Joint Operations (KJO) to provide four high-
Trade Arabia
30/09/2026
Commercial Bank of Kuwait, in collaboration with Mastercard, a global technology company in the payments industry, has introduced its new World Elite Mastercard credit card. The introduction of these
Kuwait Times
30/09/2026
ACICO Group, a leading construction, engineering and building materials manufacturing company, said it has completed an agreement with two local creditor banks to restructure its outstanding debt and
Trade Arabia