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Acwa ups stake in PetroRabigh unit RIYADH: Saudi Arabia’s Acwa Power, a leader in power generation and water desalination, has increased its shareholding to 74 per cent in Rabigh Arabian Water & Electricity Company (Rawec) after buying all of Marubeni’s stake.The company has...






Global oil giant, Saudi Aramco, has set up a CNY71.2 billion ($10.6 billion) joint venture in China’s Liaoning province with two local partners as it looks to set up a new chemicals plant in the northeastern region.Saudi Aramco, China North Industries and Panjin Xincheng Industrial Group set up...






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