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ACWA Power Acquires $693 Million Worth of Assets in Kuwait and Bahrain
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19.02.202519.02.2025Business, Investments

ACWA Power Acquires $693 Million Worth of Assets in Kuwait and Bahrain

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Saudi Arabia’s integrated utility company, ACWA Power, has signed a share purchase agreement (SPA) with the regional subsidiary of French utility developer ENGIE to acquire assets valued at $693 million. This acquisition marks ACWA Power’s entry into the Kuwaiti market. The deal includes significant operating capacities, comprising 4.61 gigawatts (GW) of gas-fired power generation and...

Arab Interior Ministers Council Meeting Focuses on Strengthening Security Cooperation Between UAE and Kuwait
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17.02.202517.02.2025Без рубрики

Arab Interior Ministers Council Meeting Focuses on Strengthening Security Cooperation Between UAE and Kuwait

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The Arab Interior Ministers Council held a meeting where the primary focus was on enhancing security cooperation between the United Arab Emirates (UAE) and Kuwait. This meeting aimed at bolstering regional stability and addressing security challenges faced by both nations. According to WAM, during the discussions, various strategies were proposed to improve collaboration in security...