Driven by its “Vision 2030” plan, Saudi Arabia is actively attracting foreign investment, aiming to promote the commercialization of its emerging sports industry, diversify away from oil dependence.Bassim Ibrahim, director of sports investment development at the Saudi Ministry of Investment, said Saudi Arabia has already put its soccer clubs up for sale and is now…
On July 23rd, Borouge Corporation announced that it is targeting the construction of an integrated specialty polyolefin facility in China through a strategic co-investment model to facilitate its growth in its core Asian markets. An investment consortium comprised of Borouge, Abu Dhabi National Oil Company (ADNOC) and BOREALIS has signed a project cooperation agreement with…
On the evening of July 16, the three giants of China’s new energy industry – JinkoSolar, TCL Central and Vision Technology Group – announced in unison that they would cooperate with Saudi Arabia’s Public Investment Fund (PIF) to build a plant in Saudi Arabia, opening up the new energy industry’s in-depth cooperation and investment, with…
On July 10, local time, China Construction and Saudi Arabia EL-SEIF Consortium held a grand signing ceremony for King Salman Knowledge Zone Project with Saudi Arabia Dera’iyyemen Co. in Riyadh, the capital of Saudi Arabia. Mr. Wang Shaofeng, General Manager of China Construction International and Chairman of China Construction Middle East Company, Mr. Wei Chuanhai,…