Construction & Real Estate

Saudi Abunayyan, Nextracker in deal to set up new solar energy JV

Abunayyan Holding, a major player in the Saudi utility sector, has joined hands with NEXTracker, a leading provider of intelligent solar tracker solutions, to set up a new venture, Nextracker Arabia, aimed at accelerating energy transition in the Mena region. ...

Construction & Real Estate

Merak Capital in deal to accelerate Saudi smart parking infrastructure

Merak Capital, a Saudi-based investment firm focused on opportunities across multiple industries, has announced a SAR100 million ($26.7 million) strategic investment in Arsann, the kingdom’s leading operator of smart parking and mobility infrastructure. ...