Saudi Arabia to set up SR188m solar plant in Bangladesh

Updated 14 December 2017
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Saudi Arabia to set up SR188m solar plant in Bangladesh

RIYADH: Saudi Arabia has signed an agreement in Dhaka to set up an SR188 million solar plant in Bangladesh.
The agreement was signed between the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Riyadh-based Alfanar Energy, which is a 100 percent subsidiary of the Alfanar company.
FBCCI Secretary General Hussein Jameel and Alfanar Energy Project Coordinator Mohammed Irfan inked the accord in the presence of Bangladesh Ambassador Golam Moshi and Mushabab bin Abdullah Al-Qahtani, who was heading the Council of Saudi Chambers team.
Bangladesh Embassy Commercial Counselor Mohammed Abdul Hassan, who returned from Dhaka on Tuesday, told Arab News that the plant, which will be located in the port city of Chittagong, is expected to produce 40MW to 100 MW of power in Bangladesh. He said the project will be completed within six months.
He said that the visiting Saudi and Bangladeshi officials also discussed details of other big projects including a paper mill, a cement factory and a factory for Diammonium Phosphate (DAP).
The counselor said the two-way trade between the two countries is estimated at $1 billion, which is in favor of the Kingdom, whose exports had reached $750 million.
In a statement to Arab News, Mushabab Al-Qahtani stressed the keenness of the Saudi business sector to strengthen trade and investment ties with the Bangladeshi business sector and build partnerships that boost economic relations between the two countries.
During the Bangladeshi-Saudi Economic Forum, organized by the FBCCI in Dhaka, Bangladeshi Trade Minister Tufail Ahmed called on Saudi investors to establish a “special economic zone” in his country to boost trade and investment between the two countries and benefit from the safe investment climate there.
Alfanar Energy is a developer and IPP in the renewable field across the technologies including PV, CSP, wind, biomass, geothermal, waste to energy and IWP in the water sector. It has a current pipeline of 800 MW investment projects spread across Europe, East Africa and South Asia. Established in 1976, it is currently the region’s leading player in the energy sector, EPC business, design and development, and has built facilities in the Middle East and 17 other countries. Its turnover in 2016 exceeded $2.15 billion.
 


Saudi communications minister receives youngest Saudi female journalist

Updated 19 July 2018
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Saudi communications minister receives youngest Saudi female journalist

RIYADH: Saudi Minister of Communications and Information Technology, Abdullah Al-Sawah stressed the Kingdom's need to discover and support local talent.
He said that the ministry has paid increasing attention to technical talents, which has been represented through the organization of several events, the latest of which was the "Hackathon Digital Machines."
The event was aimed at creating a conducive environment to develop the capabilities of the digital youth and invest in their creative potential to maximize returns.
Al-Sawah noted that the event also aimed at "harnessing their abilities to develop the digital transformation process," calling for intensified and unified efforts in order to invest in Saudi talents for the benefit of the nation.
The minister was speaking during a meeting with Marian Taher Saleh, the youngest Saudi female journalist, alongside with her father.
Al-Sawah praised the role of her family, who have been supporting her from the beginning till she was able to enter the media field, expressing his appreciation for her media achievements.
For his part, Saleh's father expressed his gratitude and appreciation to the minister for his hospitality, appreciation and encouragement for his daughter.