Construction & Real Estate

Kuwait renewable energy firm plans equity raise to expand across Mena

Alternative Energy Projects Company (AEP), a Kuwait-based renewable energy developer, has announced plans to raise capital to fund the expansion of its solar energy business across Kuwait and Mena region. It has appointed Kamco Invest, in collaboration with Burgan Bank, to lead the transaction....

Construction & Real Estate

GCC projects market hit by Iran war, contracts down 9.7pc

The GCC projects market experienced a slowdown in the first quarter due to the Middle East conflict with the total value of contracts plunging 9.7% to $61.2 billion, according to a report. This contraction was driven largely by a substantial downturn in contract awards within Saudi Arabia and UAE. ...

Construction & Real Estate

Kamco Invest, Badie plan to develop iconic tower at Sports Boulevard

Kamco Invest, a regional non-banking financial powerhouse, has announced a strategic partnership with Badie Investment for the establishment of a SAR500 million ($133 million) real estate investment fund to develop an iconic tower within Riyadh’s 135-km Sports Boulevard project. ...