Saudi Arabia Archives - AfricaBusiness.com

24Jan

By Africa BusinessNo Comments

African News

2022 is likely to be a good year for the Gulf economies

Dubai is flourishing due to Expo 2020 Oil prices are still on the rise in 2022, which bodes well for several Gulf countries whose budgets still rely heavily on revenues from oil. Those countries’ economies took a hit when the price of oil plunged in 2020 due to the pandemic and lockdown measures. This year it seems that more optimism is warranted. The World Bank maintains its optimism The World Bank had been positive in 2021 about the economic recovery in GCC countries. Expectations were that those countries would achieve an average growth of 2.2%. Those numbers were quite promising when compared to the contraction of over 4% witnessed just a year earlier in 2020. Another good factor is that the gross output from non-oil activities is growing in the region, which means that those econom...

7Nov

By Africa BusinessNo Comments

African News

Orange Business Services appoints new General Manager in Middle East & Africa

Orange Business Services appoints new General Manager (.pdf Acrobat Reader) priority on banking & finance, oil & gas and smart cities sectors Orange Business Services, the business services arm of France Telecom-Orange and one of the Middle East’s major ICT employers, has appointed Jean-Luc Lasnier as the new General Manager for the Middle East & Africa (MEA) region. His new mandate is to build on the recent momentum in the region, with a specific focus on strategic markets, including the United Arab Emirates (UAE) and Saudi Arabia in the Gulf Cooperation Council (GCC), alongside Morocco, Sub Saharan Africa and Turkey in the wider region. The key sectors for Orange in MEA include banking & finance, oil & gas and smart cities. “Strong...

10Oct

By Africa BusinessNo Comments

Energy, Green Energy

Annual Saudi Green Building Forum Conference to Discuss Major Green Issues

The Conference will provide a dominant platform for discussing challenges for Green Building related to 3P’s of sustainability to promote Green Building initiatives in Saudi Arabia. Riyadh, Saudi Arabia, October, 2012 --(PR.com)-- King Abdullah’s initiative, Saudi Green Building Forum (SGB FORUM), continues to lead its unshakable green mission by creating a milestone of achievements from its’ last two Conferences. The delegates and speakers are pepped up for the third annual intellectual think-tank treat which will involve Conference, Workshop, Exposition and Project Case Studies of the current year. Saudi Green Building Forum, patronage of His Royal Highness Prince Dr. Mansour Bin Miteb Bin Abdulaziz, Minister of Municipalities and Rural Affairs, will host its third annual Confer...

22Jul

By The African Press OrganizationNo Comments

African News

Consumer Lifestyles Market in Estonia, Nigeria, Spain, Saudi Arabia & Hong Kong, China Reviewed in New Research Reports

DALLAS, July, 2012 /PRNewswire/ – ReportsnReports.com adds new market research reports on Consumer Lifestyles in Hong Kong, Saudi Arabia, Spain, Nigeria and Estonia to its store. These Consumer Lifestyle Reports provide current and detailed snapshots of the unique behaviours, attitudes and spending patterns of consumers in concerned countries. Explore the reports @: 1. Consumer Lifestyles in Estonia 2. Consumer Lifestyles in Nigeria 3. Consumer Lifestyles in Spain 4. Consumer Lifestyles in Saudi Arabia 5. Consumer Lifestyles in Hong Kong, China Find other Country Specific Reports on the Consumer Lifestyle Market @ http://www.reportsnreports.com/tags/consumer-lifestyles-market-research.html. In addition to covering important core topics like h...

9Jul

By AfricaBusiness.comNo Comments

Energy, Green Energy

SunEdison Closes 98 MW of Solar Projects in Europe

SunEdison demonstrates its ability to deploy high value solar assets in Europe and to structure complex transactions attracting world class financing partners BELMONT, Calif., July 9, 2012 /PRNewswire/ -- SunEdison, a leading worldwide solar energy services provider and a subsidiary of MEMC Electronic Materials (NYSE: WFR), today provided additional details on the solar project closings announced last week. The company closed three transactions involving approximately 98 megawatts (MWp) of photovoltaic (PV) power plants in Europe during the second quarter. The transactions include the sale of a 60MWp power plant in Bulgaria to a consortium of investors consisting of an affiliate of First Reserve Energy Infrastructure Fund, Crescent Capital and ACWA Power; a 13 MWp portfolio of projects in...