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Thursday, December 18, 2025

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Masdar to Acquire Saeta for USD 1.4 Billion

The transaction would see Masdar acquire a portfolio of 745MW of predominantly wind assets, and a 1.6GW development pipeline in Spain and Portugal from Brookfield. This deal represents one of Iberia’s largest renewable energy transactions, as the company targets global capacity of 100GW by 2030.

Award Winning Agency Instinctif Appoints Ikram Al-Yacoub as KSA Head

Instinctif appoints new Managing Partner Ikram Al-Yacoub to steer its strategic and financial communications for clients across vital sectors and major projects.

Qatar Warms Relations with More Flights to KSA

Qatar Airways announce the expansion of its operations into the Kingdom of Saudi Arabia with the resumption of services to Abha, operating two weekly flights to Abha International Airport, effective 2 January 2025.

Jordan and UAE Partner in Major Transport Infrastructure Projects

Jordan and the United Arab Emirates are making significant strides in paving the way for a future based on developmental collaboration and longer-term nation-building goals.

Coke and Pepsi Boycotts Usher in New Era of Challenger Brands

Coca-Cola and PepsiCo lose market share to local soda brands like Cola Next due to consumer boycotts over the ongoing extermination and displacement of Palestinians in Gaza and the West Bank.

Saudi Fund for Development Celebrates Fifty Years of Global Impact

The Saudi Fund for Development celebrated its 50th anniversary in Riyadh this week, under the theme 50 Years of Global Impact. The event brought together key development partners to reflect on the SFD’s significant contributions to sustainable development worldwide.

Trina Solar Says Southeast Asia Holds Huge Potential for Hybrid Solar Power Projects

Head of SE Asia Elva Wang says that Trina Solar will capitalize on the success of its hybrid solar power plant project in Malaysia and will pursue similar initiatives across Southeast Asia.

Deloitte Says Mowilex One of Indonesia’s Best Managed Companies

An innovative approach to strategy, culture and community impact helped PT Mowilex Indonesia earn Deloitte's Best Managed Companies for the third year in a row at the Deloitte’s Awards Ceremony in Grand Hyatt Jakarta this month.

Latest news

The K-Drama That Triggered South Koreans

In gun-free South Korea, a bold K-drama, Trigger, has stirred robust debate about weapons and norms within Korean civil society.
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KSA’s 6 Billion Investment in Syria as Regional Diplomacy Realigns

With USD 6.4 billion in fresh deals, the Kingdom is staking its claim on Syria’s future and sending a clear message: Arab-led recovery is back in focus.

KUN’s 50 Million Aims to Accelerate Stablecoin Adoption Amid Hong Kong’s Regulatory Surge

KUN’s recent Series A $50 million funding round signals a pivotal moment for stablecoins, ushering in a new era of regulated, efficient, and cross-border digital payments across Asia.

Must read

itel Makes a Grand Entrance with Brand Launch in Cairo

itel hosted its 2024 brand launch at the Egyptian Pyramids in Cairo promising to capture a good portion of the MENA telco market.

Top Seven Corporate Relos to South Asia and Latin America in 2025

A growing number of global corporations—spanning tech, automotive, e-commerce, and luxury sectors—are shifting manufacturing hubs to South Asia and Latin America. This diversification is driven by the need to mitigate supply chain uncertainties against geopolitical trade tensions.
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Morocco and France Get Cozy with USD 10.4 Billion Infrastructure Projects

Morocco and France marked a significant milestone in their bilateral relations with the signing of investment agreements totalling nearly USD 10.4 billion marked for major infrastructure projects throughout Morocco.

SenseTime Expands AI Solutions in MENA Using DeepSeek’s Framework

SenseTime CEO George Huang says they will meet the region's rising demand for AI solutions.

Raneen Art Festival Breathes New Life into Oman’s Cultural Sites

Oman hosts a prestigious lineup of international and local artists at the inaugural Raneen Contemporary Art Festival in Muttrah, Oman.