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XPRIZE Feed the Next Billion was launched last December The challenge seeks to address several problems in one shot Updated 26 March 2021 March 26, 2021 01:28 DUBAI: Prince Khaled bin Alwaleed bin Talal Al-Saud, founder and CEO of KBW Ventures, has been announced as a member of the advisory board for the $15 million XPRIZE Feed the Next Billion, which aims to find alternatives to traditional farming and cooking methods. “XPRIZE is known for catalyzing innovators to solve pressing global issues, and the Feed the Next Billion challenge actually addresses several problems in one shot: The cl...

2 Min Read BASRA, Iraq (Reuters) -Iraq’s government has agreed to sign a $2.625 billion contract with South Korea’s Daewoo Engineering & Construction (047040.KS) to build the first phase of a giant commodities port in the south of the country, a port manager said on Wednesday. The long-planned and repeatedly delayed Grand Faw port is one of several projects that Iraq hopes will create a shorter transportation corridor between the Middle East and Europe, bypassing the Suez Canal. Under the contract, expected to be signed on Sunday, Daewoo E&C will handle construction works that include bui...

© alexlmx / Adobe Stock Iraq's government has agreed to sign a $2.625 billion contract with South Korea's Daewoo Engineering & Construction to build the first phase of a giant cargo port in the south of the country, a port manager said on Wednesday. The long-planned and repeatedly delayed Grand Faw port is one of several projects that Iraq hopes will create a shorter transportation corridor between the Middle East and Europe, bypassing the Suez Canal. Under the contract, expected to be signed on Sunday, Daewoo E&C will handle construction works that include building five berths to unload shi...

UPDATE 1-Iraq to sign $2.625 bln Grand Faw port contract with S.Korea's Daewoo Reuters 12/23/2020 By Aref Mohammed BASRA, Iraq, Dec 23 (Reuters) - Iraq's government has agreed to sign a $2.625 billion contract with South Korea's Daewoo Engineering & Construction (047040.KS) to build the first phase of a giant commodities port in the south of the country, a port manager said on Wednesday. The long-planned and repeatedly delayed Grand Faw port is one of several projects that Iraq hopes will create a shorter transportation corridor between the Middle East and Europe, bypassing the Suez Canal. ...

2 Min Read BASRA, Iraq (Reuters) -Iraq’s government has agreed to sign a $2.625 billion contract with South Korea’s Daewoo Engineering & Construction (047040.KS) to build the first phase of a giant commodities port in the south of the country, a port manager said on Wednesday. The long-planned and repeatedly delayed Grand Faw port is one of several projects that Iraq hopes will create a shorter transportation corridor between the Middle East and Europe, bypassing the Suez Canal. Under the contract, expected to be signed on Sunday, Daewoo E&C will handle construction works that include bui...