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Tuesday, November 4, 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

The Legend of Ronaldo Redefining Football in Riyadh

Cristiano Ronaldo’s move to Al Nassr ignited a cultural and sporting fervour in Saudi Arabia, smashing records and boosting national pride on a global stage.

De-Dollarisation, BRICs and the Rise of the Global South

According to Dr David King Boison, the power of a currency lies not just in its intrinsic value, but in the trust and systems that nations build around it. In this essay, Boison discusses the rapid expansion of BRICs and how it may offer a sustainable alternative for nations seeking autonomy from Western-led financial systems.
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Document on Human Fraternity Signed by Grand Imam of Al-Azahar and His Holiness Pope Francis

The Document of Human Fraternity is being regarded as one of the most significant in contemporary human history. It contains a set of lofty humanitarian principles aimed at promoting the values of dialogue and coexistence among all people, irrespective of their differences.

Armada and Edarat Group Sign MoU at LEAP 2024 in Saudi Arabia

Armada and Edarat Group partners to bring edge computing and AI to the Industrial sector across the Middle East and North Africa region.

Uzbekistan’s Mirzahid Musaev Secures Gold at World Showjumping Challenge

Uzbekistan’s equestrian Mirzahid Musaev shone brightly at the 23rd Fédération Équestre Internationale Jumping World Challenge Final, held at the Universal Jumping Stables in Tashkent’s scenic Bostanlik district.