CEEC inks mega Saudi solar project

China Energy Engineering Corp Ltd announced on Tuesday it had inked a $972 million deal for a major photovoltaic project in Saudi Arabia, marking a significant step as the Middle East nation becomes a key investment destination for Chinese solar power equipment manufacturers, spurred by its commitment to green energy initiatives. The project — the … Continue reading CEEC inks mega Saudi solar project

Lenovo inks pact with Saudi fund

The Lenovo logo is seen in this illustration photo. [Photo/Agencies] Lenovo Group said on Wednesday that it had entered into an agreement with a unit of Saudi Arabia’s sovereign wealth fund to issue $2 billion worth of bonds, and will set up a new manufacturing facility in the Middle East to further expand its global … Continue reading Lenovo inks pact with Saudi fund