Pramod Kumar

1 week ago | agbi.com | Pramod Kumar

Real Estate Investcorp Capital, majority owned by Bahrain-based Investcorp, has exited 12 residential multiple-occupancy real estate assets across five states in the US. The exit was secured at $550 million, the company said in a statement.

1 week ago | agbi.com | Pramod Kumar

Renewable Energy Egypt has approved four new private sector-backed renewables projects to help achieve its 2030 green energy target. The solar and wind energy projects are expected to generate 400 megawatts (MW) and are being built for $388 million, according to local media reports, which quoted a ministry statement.

1 week ago | agbi.com | Pramod Kumar

Energy Oman has awarded a contract to a local engineering company to conduct a feasibility study for interconnecting its power grid with Yemen. Monenco Consulting Engineers (Oman) won the contract from the state-run Oman Electricity Transmission Company through a tender process, the company said in a statement on its social media platforms.

1 week ago | agbi.com | Pramod Kumar

Artificial Intelligence Saudi tech company is backed by PIFVC targets in US, Europe and AsiaPlans 6.6GW of data centre capacityHumain, Saudi Arabia’s state-backed artificial intelligence company, plans to launch a venture capital fund to support the country’s goal of becoming an AI superpower.

1 week ago | msn.com | Pramod Kumar

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