Saudi Arabia has presented its plan for hosting Expo 2030 to the General Assembly of the Bureau International des Expositions (BIE), which is taking place in the French capital, Paris. With a budget allocation of $7.8 billion and a theme of global togetherness it sets out a wide-ranging plan for the Expo 2030 event. Minister of Foreign Affairs, […]
riyadh
Schneider Electric opens new manufacturing facility in Riyadh
Schneider Electric has opened a new production line in Riyadh, the capital city of Saudi Arabia. This production line will manufacture hardwares that will enhance the kingdom’s energy efficiency and sustainability efforts. The establishment of this production line aligns with Saudi Arabia’s Vision 2030, which aims to position the country as a prominent global manufacturing […]
Saudi Arabia’s Shareek program outlines $51 billion projects
Saudi Arabia outlined plans for $51 billion of investments by local companies including Saudi Aramco and mining giant Maaden under a government incentive program as it seeks to accelerate a plan to diversify its economy away from oil. Speaking on the occasion, Amin Al-Nasser, CEO of Saudi Aramco, said, “The Shareek program accelerates the projects […]
Nexans Telecom and Data opens Saudi Arabia office
From its new office in Riyadh, Nexans plans to provide local on-ground support to customers in Saudi Arabia
Nexans Telecom & Data division, a supplier of end- to-end network infrastructure solutions, today announced the opening of its office at Al Muruj in Riyadh, Saudi Arabia. In addition to Nexans Middle East hub in Dubai, this move increases Nexans presence in the Middle East, while bringing it closer to its customers and channel partners. […]
Baker Botts appoints new Middle East head
Mark Rowley will take over as the partner-in-charge of the company’s Dubai and Riyadh offices