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RIYADH: Saudi Arabia private utility firm ACWA Power has signed a $1.5 billion agreement with Power China, it has been reported by Reuters. No further details were released, and ACWA Power did not respond to Arab News' request for a comment. The deal comes amid a flurry of Memorandums of Understanding signed by the energy provider with Chinese entities to coincide with the
Saudi-based Acwa Power has elected its new board of directors for a three-year period with Mohammad Abdullah Abunayyan being renamed as the Chairman while its President and CEO Suntharesan Padmanathan has been elevated to the position of Vice-Chairman.
Saudi-based Acwa Power has elected its new board of directors for a three-year period with Mohammad Abdullah Abunayyan being renamed as the Chairman while its President and CEO Suntharesan Padmanathan has been elevated to the position of Vice-Chairman.
Saudi Arabia Launch ‘Clean Energy Investment Projects’ in Uzbekistan Saudi Arabia’s Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih has affirmed that the Kingdom of Saudi Arabia, under the leadership of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and HRH Crown Prince, is keen to strengthen relations with the Republic of Uzbekistan by supporting economic, investment and commercial cooperation between the two countries to rise to a level that reflects deep-rooted strong ties between the two countries and peoples. He pointed out that Saudi Arabia is ke...