Favourable economic policies and ongoing investments in infrastructure and technology-based projects will aid in the companies thriving, he added. Telecom companies profit from non-oil macroeconomic growth and regional governments’ ambitions for...... continue reading
Saudi company ACWA Power has signed an agreement with Uzbekistan to build electricity storage systems with a total capacity of 2,000 MWh. The deal was finalized during the COP-29 climate...... continue reading
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, cushioning prices against turmoil in the Middle East...... continue reading
Alat is excited to announce our official collaboration with the FII Institute – to focus on launching transformative initiatives aimed at addressing...... continue reading
“This visit marks a significant milestone in strengthening the strategic partnership between India and the Kingdom of Saudi Arabia,” the Indian Ministry of Commerce and Industry said in a statement...... continue reading
RVCMC was established in 2022 when the Saudi Sovereign Wealth Fund partnered with the Tadawul Group – the holding group developing country’s capital market – to lay the foundation of...... continue reading
Saudi Arabia’s ACWA Power hopes to triple its business in the next five years to reach $250 billion in assets under management, a top company official said...... continue reading
One approach Saudi Arabia has adopted is investing heavily in renewable energy, particularly through partnerships with China. This has had the effect of accelerating the country’s progress in renewable energy,...... continue reading
After last weekend’s limited Israeli strike on Iran, and Tehran’s apparent willingness to absorb the blow without serious retaliation, the Middle East region looks to be pulling back from the...... continue reading
The Saudi Power Procurement Company (SPPC) has announced the Shortlisted Bidders for the fifth round of solar projects under the National Renewable Energy Program (NREP) which is led and supervised by...... continue reading
