GCL-Poly to Build First Silicon Material Factory in Saudi Arabia
In a recent development, GCL-Poly is set to establish a cutting-edge silicon material factory in the Middle East, with a projected annual production capacity of 120,000 metric tons.
Etihad Railway Phase 2A Project Successfully Completed by China State Construction Engineering Corporation’s Middle East Subsidiary
The UAE’s Etihad Rail Phase 2A project, jointly constructed by the Middle East subsidiary of China State Construction Engineering Corporation (CSCEC), recently received its certificate of handover, marking the on-time completion of the project.
Shanghai Lujiazui Financial City Establishes Office in Riyadh, Second Global Branch Following London
August 17, 2023 – Shanghai Lujiazui Management Bureau has officially announced the establishment of its first office in the Middle East region, situated in Riyadh, Saudi Arabia.
Longi and Saudi KAUST Announce Strategic Collaboration to Drive Solar Technology Innovation
In a recent development, King Abdullah University of Science and Technology (KAUST) and the global solar industry leader Longi have signed a Memorandum of Understanding (MoU) to foster innovation in solar technology.
Conares Partners with Xiamen C&D Co., Ltd to Supply Premium Steel Products to GCC Nations
Conares, the second-largest private steel manufacturer in the United Arab Emirates, announced a strategic partnership with Xiamen C&D Co., Ltd, a Fortune Global 500 company specializing in supply chain operations and real estate development.
Chinese Companies Make Strong Push into Saudi Arabia’s New Energy Sector
Recently, leading Chinese photovoltaic mounting company, Arctech, announced that it has signed a cooperation agreement with China Energy International Engineering to provide a 1.5 GW SkySmart II tracking system for the ASB project in Saudi Arabia.
Increasing Number of Chinese Tech Companies Invest in Saudi Arabia
In recent years, the relationship between China and Saudi Arabia has seen significant growth, with closer economic and trade ties.
Power China Signs Contract for 120MW Photovoltaic Power Project in Saudi Arabia
In April 2023, the subsidiary of Power Construction Corporation of China (Power China), Shandong Electric Power Construction Corporation (SEPCO), officially signed an EPC (Engineering, Procurement, and Construction) contract with France’s TotalEnergies for the Wadi ad-Dawasir 120MW photovoltaic power project in Saudi Arabia.
Saudi Aramco Completes Investment in Rongsheng Petrochemical, Leading to Change in Company Type
On July 31st, Rongsheng Petrochemical held its 6th board of directors’ 9th meeting, where they approved the proposal to change the company’s type.