Saudi Arabia’s International Company for Water and Power Projects, or ACWA Power, said it has sealed a power purchase agreement (PPA) for a 700-MW solar photovoltaic plant that will be built in the central part of the kingdom.
The Middle East and North Africa (MENA) region saw 21 IPOs raise proceeds of $7.9 billion in 2021, an increase of 133 per cent in total issuances and 325 per cent in total proceeds.
The Mena region saw 21 IPOs raise proceeds of $7.9 billion in 2021, an increase of 133% in total issuances and 325% in total proceeds when compared to 2020, said professional services firm EY in a new report.
According to the EY MENA IPO Eye Q4 2021 report, the MENA region saw 21 IPOs raise proceeds of US$7.9 billion in 2021, an increase of 133% in total issu