Regional News
July 2017

Savage Saudi Arabia, a key provider of expert refinery and industrial services, has entered into an agreement with state oil giant Saudi Aramco to operate one of the first industrial rail switching facilities in the kingdom.






July 2017

Global oil giant Saudi Aramco said its corporate venturing subsidiary Saudi Aramco Energy Ventures (SAEV) has acquired a major stake in Irish wastewater treatment technology company OxyMem.






July 2017

The UAE is ranked 12th on the list of top countries for foreign direct investment (FDI) for the period from 2017 through 2019, according to the World Investment Report 2017 released by UN Conference on Trade and Development (UNCTAD), a report said. The FDI inflows into the UAE grew by 2.2 per cent in 2016 to $9 billion from $8.






July 2017

Aluminium Bahrain (Alba), the Bahrain-based international aluminium smelter, said that construction has started on site on its landmark Line 6 Expansion Project following the completion of the Feed (front-end engineering design) study. The expansion project covers an area of approximately 60 hectares.






July 2017

India-based engineering firm Sterling and Wilson has won both the turnkey engineering, procurement and construction (EPC) and operation and maintenance contract for the world’s largest single location solar photovoltaic (PV) plant at Sweihan in Abu Dhabi, UAE.






July 2017

Abu Dhabi Quality and Conformity Council (QCC) has unveiled a conformity assessment scheme to verify the quality, safety and sustainability performance of solar photovoltaic (PV) systems.






July 2017

Deliveroo set to expand Deliveroo, a leading food delivery company in the region, is set to launch five new delivery service zones at Khalifa City in Abu Dhabi, UAE, as part of its regional expansion plans.






July 2017

French energy giant Engie said it has become global leader in the independent district cooling sector with the acquisition of a 40 per cent stake in UAE-based National Central Cooling Company (Tabreed) for Dh2.8 billion ($762.3 million) from Abu Dhabi-based strategic investment company Mubadala.






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