Bloomberg SoftBank Group Corp. is planning to develop a $1.2 billion solar power plant in Saudi Arabia, according to people with knowledge of the matter. The plant, to the north of Riyadh, would generate 1.8 gigawatts of power, the people said, asking not to be identified because the plans are private. SoftBank has started preliminary talks with banks and developers ...

SINGAPORE / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has visited Dubai Electricity and Water Authority’s Data Hub Integrated Solutions (MORO), a data hub that provides state-of-the-art data centre solutions and innovative business services. During the visit, Sheikh Hamdan was accompanied by Abdulla Al Basti, Secretary-General of ...

Dubai / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, met Chiril Gaburici, Minister of Economy and Infrastructure of Moldova, and his accompanying delegation on Wednesday. During the meeting, held at the Ministry of Infrastructure Development headquarters in Dubai, the two sides discussed means of developing ties in the infrastructure development sector. Dr Al Nuaimi praised ...