France’s Engie SA agreed to sell its power and water assets in Kuwait and Bahrain to Acwa Power Co. for $693 million.

In Kuwait, ENGIE will divest its 17.5% shareholding in Az Zour North, a 1.5 GW capacity gas and desalination plant, capable of producing 107 million imperial gallons of water daily (MIGD). ENGIE will ...

By making its inaugural entry into the Kuwaiti market through this acquisition, ACWA Power bolsters its presence in the ...

The global freight transportation management market size reached USD 30.58 billion in 2024 and is projected to hit around USD 86.52 billion by 2034, ...

Dubai Saudi Arabia's ACWA Power has entered into a definitive agreement to acquire significant stakes in power generation and water desalination assets from French utility developer ENGIE. The ...

Saudi Arabia's ACWA Power plans to buy stakes in assets in Kuwait and Bahrain worth $693 million from French utility ...

Tehran University students began protesting over the death of a student during a robbery next to the university, leading to a crackdown by Iranian police. Information ...

Engie's increasingly selective and Acwa Power's undiminished risk-taking approaches are at play ...

TotalEnergies is also continuing the development, with partner ENGIE, of the Masshylia project of green hydrogen production ...

The Oil & Gas Middle East Awards 2025 was nothing short of spectacular, uniting the region’s brightest minds, pioneering ...

The Oil & Gas Middle East Awards 2025 winners have been revealed. See all of the winners from the annual awards in Dubai now.

Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on project ...