Agreement envisions up to 4GW of renewable and natural gas projects Masdar, ACWA Power and the Egyptian Electricity Holding Company (EEHC) have concluded a Memorandum of Understanding (MoU) to explore developing up to 4 Gigawatts of renewable and natural gas power generation projects in Egypt. Dr....
Saudi Arabia allows foreign investors to have 100 percent ownership of their projects, except in four sectors where they require a Saudi partner, said a senior official of Saudi Arabian General Investment Authority (SAGIA).Ayedh Al-Otaibi, director of Investment Regulations Development and...
Makkah Gov. Prince Khaled Al-Faisal, who is also the chairman of the ministerial supervisory committee on public transport, has ordered all contracts for the public transport system (including metro and buses) in Makkah, Jeddah and Taif to incorporate a clause for the Saudization of the public...
World leaders have started arriving in Sharm El-Sheikh to attend a major economic conference that opens on Friday to mobilize $12 billion in foreign investment to jump-start Egypt’s battered economy.Crown Prince Muqrin, deputy premier, will lead the Kingdom’s delegation to the conference, said...
To spread their wings further, on 11 March 2015, Mr. Walter von Känel, President of Longines, and Mr. Ali Morad Behbehani, Behbehani Group President, announced the partnership of Longines with the Behbehani Group by adding Longines to the multi brand boutique belonging to the Behbehani Group in...
The Middle East's first hub for clearing transactions in the Chinese Yuan is to open in Doha in April, Qatar Central Bank Governor Sheikh Abdullah Saoud Al-Thani told the annual MEED Qatar Projects Conference. He said that the move is part of a programme of initiatives involving Chinathat include...
For many decades, GROHE has been hailed an industry leader, based on the excellence of its products. Now the company is shifting attention back to its technological roots. Its new campaign underlines its status as a leading developer and manufacturer of faucets, fittings, showers and systems, which ...
Bank Albilad, represented by its remittance arm Enjaz, and Western Union announced the lucky winners of their gold campaign which offered Western Union customers dealing with Enjaz centers in the Kingdom the chance to win more than 1 kilo of gold. The draw was open to all Enjaz customers who remit...
At today’s MEED Conference, Qatar Projects 2015, Daruna Development, the leading provider of advanced workers’ accommodations in the State of Qatar, announced the signature of a management agreement with Wasita Qatar (ISNAD), a subsidiary of the Wasita Group of Companies. The agreement covers...
Kantar Worldpanel, the global leader in gaining insights into consumer and shopper behaviour, has enhanced its panel in Saudi Arabia by 50 per cent. Geared to provide an even more robust measurement of shopping behaviour in the Kingdom, the expanded panel comprises 3,000 households, up from 2,000. ...
