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Author: Steven Sahiounie
The cooperation agreement with CITIC Construction is part of NHC’s efforts to secure supply chains for its residential projects, ensuring their timely implementation with high quality
Iraq is planning to award new road projects involving tackling traffic congestion in the capital Baghdad within phase 2 of a master plan unveiled in 2023, according to the Construction and Housing Ministry.
The company expects full operations to start by 2026, says CEO Wesam Al-Ghamdi Construction on NEOM’s green hydrogen plant is “advancing significantly” after securing funding of $8.4 billion last year, according to a local media report. The company expects significant construction progress on the plant in 2024, with full operations to start by 2026, Wesam Al-Ghamdi, CEO of NEOM Green Hydrogen Company, told Asharq Al-Awsat. He disclosed that basic construction works were finished last year to receive key supplies at the NEOM site. The developer of the world’s largest carbon-free green hydrogen plant received its first wind turbine delivery at…
Norges Bank Investment Management (NBIM) will also support Barclays’ proposed bonus policy change for so-called material risk takers (MRTs), like it recently did at rival bank HSBC, an updated list of NBIM’s voting intentions showed
The bank also forecasts the country’s current account deficit to widen to $15.2bln, or 4% of gross domestic product, this year
Doha, Qatar: The total assets of commercial banks operating in Qatar increased by 5.6 percent to QR1.99 trillion in March 2024 according to Qatar Central Bank (QCB) official data.
Mubadala Capital, the wholly owned subsidiary of Abu Dhabi sovereign investor Mubadala Investment Company, is planning to invest $13.5 billion in the biofuels sector in Brazil over the next decade.
Part of the hype is derived from what experts see as an impending tipping point, where theoretical science will soon become a reality
Africa is expected to become a major contributor to global growth over the coming century. But first, the continent must overcome several daunting challenges
These projects are a significant milestone, marking some of the largest onshore wind power developments in the Middle East and globally. Developed under a Build-Own-Operate (BOO) model, they highlight Egypt’s commitment to renewable energy
