Latest news with #IhlasHolding
Reuters
2 days ago
- Business
- Reuters
Orta Asya Investment Holding Releases Strategic Update Following $6.2 Billion Hydropower Agreement With Kyrgyz Republic
BISHKEK, Kyrgyzstan, August 15, 2025 (EZ Newswire) -- Following the public announcement made on August 11, 2025 by İhlas Holding, opens new tab regarding two major investment agreements signed between Orta Asya Investment Holding, opens new tab and the Government of the Kyrgyz Republic, Orta Asya today issued a strategic update detailing the international relevance and long-term sustainability vision of the landmark hydropower initiative. The agreements, which encompass the development of six utility-scale hydropower plants across two distinct cascades totaling 2,217 MW in installed capacity, mark one of the most significant private-sector energy investments in the region's history, with a total capex of approximately $6.3 billion (U.S.). In a statement released today, Orta Asya Investment Holding emphasized the project's alignment with the EU taxonomy for sustainable activities, underlining its eligibility for future green financing mechanisms and international partnerships. It is emphasized that the investment is viewed not only as the implementation of an infrastructure project but also as a major step toward enabling Central Asia's clean energy transition in line with global sustainability frameworks. The investment is characterized as a 'transformative initiative,' developed in close collaboration with the Kyrgyz government, with a commitment to transparency, international best practices and long-term impact. Strategic Framework and Green Investment Relevance Structured under long-term, 20-year power purchase agreements (PPAs) with full sovereign guarantees and backed by comprehensive fiscal incentives, the projects have been officially recognized by the Kyrgyz Republic as 'national investment projects,' underscoring their critical role in advancing energy security, climate resilience and inclusive economic growth. Both hydropower clusters are designed in full alignment with the EU taxonomy, contributing directly to SDG 7 (affordable and clean energy) and SDG 13 (climate action). Once operational, the projects are expected to generate more than 9 billion kWh annually, displacing an estimated 5.2 million tons of carbon dioxide equivalent emissions per year compared with coal-based generation alternatives. In addition to stabilizing regional power grids, the hydropower assets will serve as key enablers of cross-border energy cooperation and support the objectives of the EU-Central Asia Global Gateway strategy, which emphasizes green investment and resilient infrastructure across the region. Institutional Oversight and Project Management To ensure disciplined execution, transparency and adherence to international standards from the outset, Orta Asya Investment Holding has appointed Hill International as the independent project management office (PMO) for both hydropower cascades. This early engagement reflects Orta Asya's commitment to institutional-grade governance, with clearly defined oversight structures and quality assurance protocols embedded throughout the project life cycle. As a globally recognized infrastructure consultancy, Hill International supports the implementation process through integrated planning, performance monitoring and risk management systems, helping safeguard delivery targets and investor confidence. Project Breakdown Kazarman Hydropower Cascade (Jalal-Abad Region) – 912 MW Kokomeren Hydropower Cascade (Chuy & Naryn Regions) – 1,305 MW Platform for Institutional Partnerships and Climate Finance Feasibility studies for both project clusters have already begun. As this work progresses, Orta Asya Investment Holding will initiate formal engagement with international financial institutions (IFIs) and development finance institutions (DFIs) to explore strategic financing collaborations. Parallel outreach to ESG-aligned institutional investors, export credit agencies (ECAs) and Tier-1 EPC contractors and turbine manufacturers is also underway, with the goal of securing partnerships that reflect the project's long-term vision and sustainability goals. Key project de-risking elements include: About Orta Asya Investment Holding Orta Asya Investment Holding is a Central Asia-focused energy and infrastructure platform, developing sustainable, high-impact projects in partnership with host governments, multilateral institutions and private-sector investors. Orta Asya Investment Holding is backed by leading shareholders including İhlas Holding and is committed to delivering climate-resilient, economically viable infrastructure across emerging markets. For more information, visit opens new tab. Media Contact Abdullah Tugcu+90 212 454 24 ### SOURCE: Orta Asya Investment Holding Copyright 2025 EZ Newswire See release on EZ Newswire
Yahoo
12-06-2025
- Business
- Yahoo
Ihlas Holding Leads These 3 Middle Eastern Penny Stocks
The Middle Eastern stock markets have recently shown mixed results, influenced by global trade discussions and regional economic shifts. In such a landscape, penny stocks—though often considered niche investments—can still offer unique growth opportunities when backed by strong financials. These smaller or newer companies may provide value and potential that larger firms might overlook, making them an intriguing option for investors seeking hidden gems with promising prospects. Name Share Price Market Cap Financial Health Rating Terminal X Online (TASE:TRX) ₪4.26 ₪541.04M ★★★★★★ Menara Ventures Xl - Limited Partnership (TASE:MNRA) ₪2.719 ₪12.49M ★★★★★★ Thob Al Aseel (SASE:4012) SAR4.01 SAR1.6B ★★★★★★ Alarum Technologies (TASE:ALAR) ₪4.081 ₪286.31M ★★★★★★ E7 Group PJSC (ADX:E7) AED1.09 AED2.16B ★★★★★★ Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret (IBSE:KATMR) TRY1.81 TRY1.95B ★★★★★☆ Dubai National Insurance & Reinsurance (P.S.C.) (DFM:DNIR) AED3.59 AED414.64M ★★★★★★ Dubai Investments PJSC (DFM:DIC) AED2.51 AED10.67B ★★★★☆☆ Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC) AED0.767 AED466.53M ★★★★★★ Tgi Infrastructures (TASE:TGI) ₪2.292 ₪170.39M ★★★★★★ Click here to see the full list of 93 stocks from our Middle Eastern Penny Stocks screener. Let's review some notable picks from our screened stocks. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Ihlas Holding A.S. operates in construction and real estate, media, manufacturing and trading, healthcare, and education sectors both in Turkey and internationally, with a market cap of TRY3.43 billion. Operations: The company's revenue is primarily derived from its marketing segment, which generated TRY4.51 billion, followed by media at TRY2.23 billion and construction at TRY1.01 billion. Market Cap: TRY3.43B Ihlas Holding A.S., with a market cap of TRY3.43 billion, operates across various sectors including construction and media. Despite being unprofitable, the company has made strides in reducing its losses by 9.6% annually over the past five years and reported a net loss of TRY216.31 million for Q1 2025, an improvement from TRY789.37 million a year ago. Its seasoned management team has maintained financial stability by ensuring short-term assets exceed liabilities and reducing debt levels significantly over five years to a debt-to-equity ratio of 4.8%. However, negative operating cash flow indicates challenges in covering debt through operations alone. Get an in-depth perspective on Ihlas Holding's performance by reading our balance sheet health report here. Assess Ihlas Holding's previous results with our detailed historical performance reports. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Imed Infinity Medical-Limited Partnership is a research and development entity that invests in medical field projects, primarily focusing on digital health, with a market cap of ₪5.43 million. Operations: The company generates revenue from its venture capital activities, amounting to $0.041 million. Market Cap: ₪5.43M Imed Infinity Medical-Limited Partnership, with a market cap of ₪5.43 million, focuses on digital health projects but remains pre-revenue with only $0.041 million in revenue. Despite its unprofitability and a net loss of US$0.575 million for 2024, the company has improved its financial position by reducing losses from the previous year and maintaining sufficient cash runway for over a year without debt obligations. Its short-term assets significantly exceed liabilities, providing some stability amidst volatile share prices and an experienced management team averaging two years in tenure supports strategic continuity. Click to explore a detailed breakdown of our findings in Imed Infinity Medical-Limited Partnership's financial health report. Gain insights into Imed Infinity Medical-Limited Partnership's historical outcomes by reviewing our past performance report. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Oil Refineries Ltd., with a market cap of ₪2.81 billion, is involved in the production and sale of fuel products, intermediate materials, and aromatic products both in Israel and internationally through its subsidiaries. Operations: The company generates revenue primarily from its refining segment, which accounts for $6.19 billion, followed by the polymers segment at $806 million. Market Cap: ₪2.81B Oil Refineries Ltd., with a market cap of ₪2.81 billion, faces challenges as it reported a net loss of US$31 million for Q1 2025, compared to a net income of US$49 million the previous year. The company's financials show reduced debt levels over five years and sufficient short-term assets to cover liabilities. However, its interest coverage remains low at 1.3 times EBIT, and profit margins have declined from the previous year. Despite trading below estimated fair value and having stable weekly volatility, negative earnings growth and large one-off items affect its profitability outlook in the penny stock landscape. Click here and access our complete financial health analysis report to understand the dynamics of Oil Refineries. Gain insights into Oil Refineries' past trends and performance with our report on the company's historical track record. Investigate our full lineup of 93 Middle Eastern Penny Stocks right here. Ready To Venture Into Other Investment Styles? This technology could replace computers: discover the 23 stocks are working to make quantum computing a reality. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include IBSE:IHLAS TASE:IMED and TASE:ORL. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
