Zhejiang Construction Investment Group recently announced that the company is embroiled in four lawsuits related to Algeria, all stemming from disputes over the construction general contract of the Stadium in Douera project.
In March 2024, Arctech Solar, a leading provider of solar tracking and fixed mounting solutions, successfully secured a contract for the Manah I 500MW photovoltaic (PV) power plant project in Oman, providing its PV tracking systems.
In a strategic move to expand its global footprint, Peacebird Group, a well-known Chinese apparel retailer, has announced the acquisition of a prominent cross-border e-commerce platform deeply entrenched in the Middle Eastern market.
In the retail market of the Middle East, a group named WEMART is rapidly gaining prominence.
Morocco’s electric vehicle industry reached a new milestone as the Moroccan government held a grand signing ceremony in Rabat at the end of March 2024, marking a significant investment agreement with Chinese battery material leader, BTR New Material Group.
On March 26, 2024, a milestone project officially commenced with the signing ceremony in Tunis, the capital of Tunisia. Sichuan Road and Bridge Group, a subsidiary of Shudao Investment Group, successfully signed a contract with the Tunisian Ministry of Equipment and Housing to undertake the country’s largest ongoing bridge project—the Bizerte Bridge.
On March 26, 2024, according to reports from China National Chemical Engineering Third Construction Co., Ltd. (CNCEC) on its social media platforms in China, the company’s Deputy General Manager recently visited Oman to conduct in-depth research on the 100,000-ton/year high-purity silicon metal by CNCEC Oman Limited.
Iraqi Cabinet made a significant decision authorizing the Governor of Basra Province to negotiate with a consortium responsible for executing the province’s desalination project and to sign relevant framework agreements.
Xinxing Ductile Iron Pipes Co., Ltd. and Egypt-Teda Sezone Development Company officially signed a land purchase agreement for the expansion area of the China-Egypt TEDA Suez Economic and Trade Cooperation Zone.
Amea Power, an independent power producer based in the United Arab Emirates, is steadily advancing its Amunet wind farm project in the Gulf of Suez, Egypt, having recently completed the installation of the first wind turbine.
