Riyadh, April 13, 2026 – Ambassador of Kazakhstan to Saudi Arabia Madiyar Menilbekov held negotiations with Raad Al-Saady, Vice-Chairman and Managing Director of Acwa company.

During the conversation, particular attention was given to the implementation of joint investment projects in the energy sector.

The Kazakh side emphasized its interest in attracting advanced technologies and international expertise of Acwa to support the development of sustainable energy and improve the energy efficiency of the country’s economy.

In turn, the company’s leadership noted the high potential for bilateral interaction and expressed readiness to actively contribute to Kazakhstan’s sustainable energy development.

Following the meeting, the parties agreed to continue the dialogue to explore new prospects of cooperation in the fields of energy and sustainable development.

Acwa (until January 2026 – ACWA Power) is one of the largest energy companies in Saudi Arabia, founded in 2004. The company specializes in the construction and operation of power plants and desalination facilities, has extensive international experience, and focuses on the development of renewable energy.

Source : https://www.gov.kz/memleket/entities/mfa-riyadh/press/news/details/1199935?lang=kk