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MIDEAST STOCKS Explosion at Jebel Ali Port sent tremor through Gulf bourses
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MIDEAST STOCKS Abu Dhabi hits record high; other major Gulf bourses ease
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Updated 43 min 21 sec ago
Arab News
July 02, 2021 01:21
RIYADH: Siemens Energy is to supply power to 30,000 homes as part of the first community being built by developer Roshn in Riyadh.
Mahmoud Sulaimani, managing director of Siemens Energy in Saudi Arabia, said: “This contract will enable Siemens Energy to create more jobs for Saudi talents and will provide homes to meet the needs of Saudi families.
“One of our main values as Siemens Energy is to care for the communities where we live and so it is an honor for us to be able to contribute to such a great project.”
The energy company will this month start work on the project that will be fully completed by August 2023.
TOP NEWS SUMMARY: 130 countries agree to lay 15% company tax floor
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