PIF said it made 25% return in 2021 as global markets rallied in linked with that of investors in the S&P 500 Index that year
ANALYSIS
Posted inPMV
European Parliament adopts new rules to boost energy savings
MEP plan also establishes new requirements for efficient district heating systems
Posted inPEOPLE
GCC countries announce long-weekend for Islamic New Year
Employees in both public and private sectors will be entitled to take Hijri New Year holiday
Posted inEQUIPMENT, Plant
Sandvik wins automation order from Chilean copper miner Pucobre
Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries
Posted inPlant
Cundall drives MENA expansion through significant leadership promotions
According to Cundall these leadership promotions express the firm’s dedication to regional expansion
Posted inPlant
Toyota JV to build $100mn solar plant in Saudi Arabia
The solar plant will be the first renewable project in Saudi Arabia for Toyota Tsusho group
Posted inVehicles
Goldhofer to make its presence known at NordBau 2023
Headquartered in Memmingen, Germany, Goldhofer is a leading manufacturer of heavy and specialised transport vehicles
Posted inPlant
Saudi Diesel selects Nidec Leroy-Somer for supplying generators to a critical power supply project
Generators are mounted on dual spring and rubber vibration isolators designed to withstand earthquakes and seismic activity within specific limits, as determined by the data applicable to the city.
Posted inVehicles
Dubai to boost green mobility with 170% increase in public charging stations by 2025
Dubai’s Roads and Transport Authority (RTA) has rolled out a long-term strategy to migrate towards net-zero emission public transport by 2050
Posted inVehicles
Isuzu expands dealership network in Angola
The new dealership in Angola will serve as an exclusive hub for Isuzu vehicles by offering a comprehensive range of Isuzu trucks