Saudi solar energy firm Desert Technologies (DT) revealed plans to provide large-scale financing to electrify villages in the sub-Saharan region, during its participation in a live online conference titled “Renpower Nigeria Investors 2021,” from March 31 to April 1.
Nour Mousa, founder and CEO of DT, discussed projects in solar PV and grid connected electricity access across Nigeria and other markets, among more than 200 high-level decision-makers, market participants and stakeholders from around the world.
The conference provided the participants with an opportunity to learn about the future of the renewable energy market and the Nigerian government’s plans to generate electricity using solar energy and encourage investment in solar energy projects in rural villages to improve education, water supply, health, agriculture, trade and security.
RIYADH: Saudi labor officials have urged people to avoid unscrupulous labour agents when hiring domestic staff, Al Eqtisadiah reported. Instead, staff should only be recruited through official channels and using the unified contract system to protect the rights of everyone involved in the process. The Ministry of Labor has separately warned residents not to fall for misleading
DUBAI: The International Holding Company (IHC), one of Abu Dhabi’s largest conglomerates, has completed a 45 percent stake purchase in construction giant Alpha Dhabi Holding (ADH). The acquisition is part of the Abu Dhabi-listed company’s plan to diversify its investment portfolio, it said in a statement. “The move will increase and diversify our investment vertical, as we
DUBAI: Foreign direct investments (FDI) in Dubai amounted to 24.7 billion dirhams ($6.7 billion) in 2020, the highest in the Middle East and North Africa region, creating about 18,000 jobs, the emirate’s crown prince said. FDI projects in Dubai reached 455, exceeding the annual average of 441 in the last five years, placing the emirates among the top global FDI locations in
Fahad Al-Aboud was recently appointed the deputy minister for shared services at the Ministry of Tourism. He has been the ministry’s chief financial officer since August 2020. Prior to that, Al-Aboud served as the vice president of finance and administration affairs, and executive board member, at the Ministry of Health-run Riyadh Health Cluster One, where he managed all