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Saudi Arabia’s KAPSARC, China’s CNPC ink agreement to advance energy research and innovation

  The King Abdullah Petroleum Studies and Research Center (KAPSARC), a leading Riyadh-based advisory think tank, signed a memorandum of understanding (MoU) on Tuesday with the Economics & Technology Research Institute (ETRI) — a research institute affiliated with the China National Petroleum Corporation (CNPC) — to foster cross-regional cooperation in energy research. KAPSARC President Fahad […]

Energy Minister: Saudi Arabia to host regional center for Chinese factories

Minister of Energy Prince Abdulaziz bin Salman said that Saudi Arabia will host a regional center for Chinese factories. “Saudi Arabia and China endeavor to enhance cooperation in the energy sector supply chains, by establishing a regional center for Chinese factories in the Kingdom by taking advantage of the Kingdom’s distinguished location among the three […]

Saudi construction strongest in MENA with $1.1trln project pipeline

Saudi Arabia’s construction industry continues to lead the Mena region despite the macroeconomic conditions hitting the sector globally, according to leading real estate expert JLL.     The kingdom has been maintaining its position as the strongest market across the region with the highest total value of project awards for four consecutive years.     […]