Saudi Arabia Tender and Business News

Saudi and Japan Conclude Healthcare Forum In Riyadh

Last 12 February 2018, the Saudi-Japan Healthcare Forum concluded in Riyadh with a focus on sharing experiences between both countries in the fields of Diabetes, Cardiology, Endoscopy and Emergency and Disaster Management.

Saudi Opens First Internet of Things (IoT) Exhibition in Riyadh

The Saudi International Exhibition and Conference for Internet of Things (IoT) has opened at the Riyadh International Convention and Exhibition Center. It is a major step in demonstrating the government’s support for the Saudi Vision 2030 to support the IT sector.

Islamic Corp for Development of the Private Sector Sets Up African Infrastructure Fund

A new Infrastructure Fund focused on Africa, with specific emphasis on the power and transportation markets, is being formed by the Saudi Arabia based Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org), the private sector arm of the Islamic Development Bank Group (IsDB) (www.IsDB-pilot.org), and the IL&FS Investment Managers Limited (IIML) (www.ILFSInvestmentManagers.com), the private equity arm of IL&FS Group.

MHPS Opens Turbine Rotor Repair Facility in Saudi Arabia

Mitsubishi Hitachi Power Systems Ltd. of Japan announced that its MHPS Saudi Arabia, Co., subsidiary has opened a new Turbine Rotor Repair facility in Dammam. It also disclosed it will soon be manufacturing its most advanced gas turbines locally in Saudi Arabia in the near future.

New Solar Installation in Dubai Boasts Lowest Non-Subsidized Solar Cost Anywhere

A consortium led by ACWA, a diversified energy company based in Riyadh, Saudi Arabia, won the contract for the fourth phase of Dubai's Mohammed Bin Rashid Al Maktoum Solar Park, by far the largest single-site CSP plant in the world. It will also set a global record for the lowest renewable energy cost without subsidies or carbon credits.

Air Products Sets Up Technology Center in Saudi Arabia

Air Products, an industrial gases company based in Pennsylvania, is building a major technology center to serve the Kingdom of Saudi Arabia and the Middle East Region. Dhahran Techno Valley Company is its partner in setting up and managing the facility locally.

Yemen's Abuse of Its People Has Run for Long Enough

Human Rights Watch and 66 other national, regional, and international NGOs (nongovernmental organizations) are demanding the United Nations Human Rights Council conduct an immediate inquiry into abuses happening right now in Yemen.

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