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 ...

Earnings growth largely depends on renewable investments whose returns might deteriorate on fierce competition and construction cost inflation. We project economic net debt including pension and ...

Engie (ENGIY) is a complex integrated utility and is transitioning towards regulated electricity and renewables. See why I ...

Engie Solutions has invested significantly in soft services capabilities through specialized training, advanced cleaning ...

EDF and Engie. The wider Middle East, including Iran, Iraq, Israel, Lebanon, Jordan and Syria, is far behind Europe, the US and China in using renewable energy. Some content could not load.

Alwahaibi assumed her current position in July 2023. In October 2024, Siemens Energy announced the extension of its collaboration with ENGIE Middle East to maintain the V94.2 fleet in Oman and 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, ...

The other six operators are Charge+, CDG Engie, Shell Singapore, Strides YTL, TotalEnergies Marketing Asia-Pacific Middle East, and Volt Singapore. Ms Stephanie Tan, chief executive of EVe ...

South Africa’s grid infrastructure is inadequate to support economic growth and accommodate much-needed additional power, ...

Al-Busaidi also said they expect to launch the third round of Oman’s green hydrogen land auctions before the end of the first quarter of 2025.