Abu Dhabi entities - Adnoc and Taqa - have signed a deal to co-develop a central utilities project, including the power grid connection and a range of water and wastewater utilities, at Ta'ziz Industrial Chemicals Zone in Ruwais. The duration of the agreement includes the offtake of utilities and construction of the plant. . The duration of the agreement includes the offtake of the utilities and construction of the plant.
Saudi Arabia's National Debt Management Center (NDMC) has announced the successful arrangement of a seven-year syndicated loan amounting to $13 billion, aimed at supporting power, water, and public utilities projects.