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Oman Arab Bank Invests $220 Million In Major Polysilicon Factory To Boost Solar Manufacturing Capacity...
04 Dec, 2025 08:45
122 min read
Oman Arab Bank has invested $220 million in the $1.6 billion United Solar Polysilicon plant, now under construction in Oman's Sohar Freezone. Set to be the largest such facility in the Middle East, it will produce material for 40 GW of solar modules annually. This major industrial project strengthens Oman's clean energy strategy and economic diversification. The financing, announced at the bank's 2025 CEO Summit, joins other major investments, including a $250 million IFC loan and $156 million from Oman's Future Fund, reflecting strong confidence in its regional and global impact....
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Generation
Aramco Jafurah Gas Project Begins Revolutionary $100B Development...
04 Dec, 2025 08:36
147 min read
Generation
K-SURE to provide $2 bil. in financial support to UAE's largest oil company...
01 Dec, 2025 10:16
214 min read
Generation
Cross Boundary Energy secures $200m to scale industrial renewable power across Africa...
01 Dec, 2025 08:54
157 min read
Generation
Acwa Power gets $6bn loan for seven renewable projects...
28 Nov, 2025 11:39
395 min read
Generation
Philanthropic investors can drive Africa’s clean energy switch...
27 Nov, 2025 09:25
176 min read
Generation
Abu Dhabi’s GSU to invest $1bn in renewables across Yemen...
27 Nov, 2025 09:15
200 min read