Read more about the article Positive Zero Secures $375m Landmark Financing Facility
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Positive Zero Secures $375m Landmark Financing Facility

Prime Highlights  Positive Zero closes $375m non-recourse financing, a first of its kind in the region.   Deal complements BlackRock's earlier $400m investment, strengthening the company's capital structure.   Key Facts  Positive…

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Read more about the article Saudi Arabia, Canada Sign New Investment Partnership At Jeddah Forum
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Saudi Arabia, Canada Sign New Investment Partnership At Jeddah Forum

Prime Highlights-  Saudi Arabia and Canada strengthened their investment partnership at the Saudi-Canadian Investment Forum in Jeddah, held during a visit by the Canadian prime minister.   Officials named six priority sectors for…

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Read more about the article Kuwait’s AEP Seeks Fresh Capital to Boost Regional Solar Projects
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Kuwait’s AEP Seeks Fresh Capital to Boost Regional Solar Projects

Prime Highlights  AEP plans to raise capital to expand its solar energy business across Kuwait and the wider MENA region.   Kamco Invest and Burgan Bank will lead the transaction, with…

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Read more about the article Arab Investors Hold 30 Percent Stake in Amman-Listed Companies as Foreign Ownership Hits 46 Percent
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Arab Investors Hold 30 Percent Stake in Amman-Listed Companies as Foreign Ownership Hits 46 Percent

Prime Highlights Arab investors own 30 percent of Amman Stock Exchange listed companies, leading total foreign ownership to 46 percent. The industrial sector records the highest foreign ownership level on…

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Read more about the article Saudi Arabia to Privatize Four Water Sector Activities to Boost Investment
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Saudi Arabia to Privatize Four Water Sector Activities to Boost Investment

Prime Highlights Saudi Arabia plans to expand privatization across water production, treatment, transportation and storage activities, said Environment Minister Abdulrahman Al-Fadhli. The Kingdom has invested approximately SR220 billion ($58.4 billion)…

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Read more about the article WEG to host webinar on medium voltage drive systems for industry
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WEG to host webinar on medium voltage drive systems for industry

Prime Highlights WEG will host a free webinar on medium voltage variable speed drive systems to help industries improve energy efficiency. The session will explain how medium voltage drives can…

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Read more about the article Qatar’s Constellation Hotels Acquires Berlusconi’s Villa Certosa for $395 Million
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Qatar’s Constellation Hotels Acquires Berlusconi’s Villa Certosa for $395 Million

Prime Highlights Berlusconi's heirs have sold Villa Certosa in Sardinia to Qatar-owned Constellation Hotels Holding for approximately $395 million (€350 million). The acquisition ranks among the largest private real estate…

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