Saudi Arabia's ACWA Power plans to buy stakes in assets in Kuwait and Bahrain worth $693 million from French utility developer Engie, the companies said in a joint statement on Wednesday. The share purchase agreement covers operating capacities of 4.

France’s Engie SA agreed to sell its power and water assets in Kuwait and Bahrain to Acwa Power Co. for $693 million.

HSBC on Tuesday agreed to sell its retail banking operations in Bahrain to Bank of Bahrain and Kuwait (BBK) amid a global restructuring at the bank.

HSBC said on Tuesday it has agreed to sell its retail banking operations in Bahrain amid a wider restructuring at the bank.The deal will see a transfer of retail loans, deposits and accounts of about 76,

It expects to complete the transaction in Q4 2025. HSBC has agreed to sell its retail banking business in Bahrain to the Bank of Bahrain and Kuwait B.S.C. The transaction excludes HSBC’s corporate and private banking businesses,