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ACWA sole bidder for major Bahrain water project
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Bahrain’s Electricity and Water Authority (EWA) has named ACWA Power as the sole bidder for the Hidd Independent Water Project. The new seawater desalination plant will have a capacity of 11,364 cubic meters per hour, strengthening the kingdom’s potable water supply and supporting growing residential, commercial, and industrial demand through advanced water treatment technology.

Clock06/07/2026
Arab National Bank prices $750mln PNC5.5 AT1 sukuk

Saudi Arabia’s Arab National Bank has raised $750 million through an AT1 sukuk priced at a 6.50% yield, with orders exceeding $3 billion.

Egypt and Oman mull special economic zones integration to boost trade

Egypt and Oman are exploring greater integration between their economic and free zones to boost trade, expand market access, and support cross-border manufacturing and re-exports.

The Sudden Unraveling of Wall Street’s Momentum Trade

Wall Street’s hottest momentum trade has reversed sharply, as former winners tumble and heavily shorted stocks surge.

Qatar Central Bank issues Government Ijarah Sukuk worth over $1.37bln
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QCB issued QAR 5 billion in Government Ijarah Sukuk, attracting QAR 5.5 billion in bids.

Clock26/08/2026
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