Masdar, EDF, Nesma partner to build $1bn Saudi solar plant
A consortium of Masdar, EDF Renewables and Nesma Company has won a bid for the construction of a 1.1GW solar plant in Saudi Arabia.
Source: power-technology.com
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Al Fanar plans $2.7bn investment in Neom's residential development
Alfanar, a leading project developer, is set to invest SR10 billion ($2.7 billion) in the development of five residential communities coming up within Saudi futuristic city NEOM. These homes will be built using sustainable modular construction methods.
Source: tradearabia.com
NEOM secures $5.6bn to develop 1st phase of residential communities for workforce
RIYADH: Developmental work is fast gaining pace at Saudi Arabia’s futuristic city NEOM as the giga-project finalized contracts worth SR21 billion ($5.6 billion) to build the first phase of residential communities for the workforce. In one of the world’s largest public-private partnership deals for social infrastructure, NEOM signed up some of the leading Saudi developers to
Source: arabnews.com
Hong Kong's Middle East mission lays groundwork for new business opportunities
HONG KONG, Feb 10, 2023 - (ACN Newswire) - Since the recent reopening of the Hong Kong-mainland border, the Hong Kong Trade Development Council (HKTDC) embarked on a week-long business mission to the Middle East, led by Mr John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR).The Hong Kong business delegation signed 13 MoUs during this trip....
Source: asiaone.com
HK's Lee promotes ties in Mideast visit
John Lee Ka-chiu, chief executive of the Hong Kong Special Administrative Region, and an HKSAR government and business delegation began their visit to the United Arab Emirates on Tuesday, after pushing ties with Saudi Arabia to a new level of collaboration.
Source: chinadaily.com.cn