Banking & Finance

Banking & Finance

ACWA Power announces USD238 million aggregate financial closing for Absheron-Khizi Wind Farm in Azerbaijan at COP29

The 240MW Absheron-Khizi plant is the first international investment-based independent wind power project in Azerbaijan, and the largest in the Caucasus region.   ACWA Power, the worl ... Read More
Banking & Finance

DIFC completes on-time repayment of USD 700mn sukuk

  Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, today announced the full redemption and on-sch ... Read More
Banking & Finance

Air Arabia reports record third quarter net profit of AED 564 million, up 8%

First nine months 2024 revenue increases 12% exceeding AED 4.98 billion; 13% increase in passenger numbers and 22 new routes launched. Air Arabia (PJSC), the Middle East and North Africa's ... Read More
Banking & Finance

Visa Announces Strategic Venture Investments in Four Leading African Fintechs

  Investments have been made in four graduates of the Visa Africa Fintech Accelerator, a 12-week program of training, mentorship, and networking opportunities. To date, the program has ac ... Read More