Le Lézard
Classified in: Mining industry, Oil industry, Business
Subjects: CON, PDT, JVN

VEB and AHQ Group of Companies will Jointly Develop International Projects



MOSCOW, October 4, 2017 /PRNewswire/ --

Vnesheconombank and Abdel Hadi A. Al-Qahtani & Sons Group of Companies (AHQ, Saudi Arabia) signed MoU in Moscow on October 4, 2017. The document was signed by Sergey Gorkov, Chairman of Vnesheconombank, and Tariq Abdel Hadi Al-Qahtani, Chairman of AHQ.

VEB and AHQ agreed to build long-term collaboration and business relationship for the mutual benefit of both Parties and their affiliates. AHQ is interested in business activities with Russian companies with the support of VEB.

Sergei Gorkov: "The Near East region is very interesting for VEB in terms of raising capital, joint financing projects and supporting exports. It is important for us to build relationships with companies and institutions of the Gulf countries in order to create opportunities for international investment projects".

Tariq Abdel Hadi Al-Qahtani: "I believe this agreement is the first and very important step of our cooperation. There are several important areas like chemical industry, agriculture, aviation and automobile industries where we can efficiently work together. Moreover, financial infrastructure will be highly significant for expanding the cooperation between the markets of our countries and reaching new opportunities".

Abdel Hadi A. Al-Qahtani & Sons Group of Companies was founded in the 1940s in the Kingdom of Saudi Arabia. Nowadays it is a global highly diversified group of companies, specializing on a wide range of activities including, Industrial and Technical Support, supply of Heavy Machinery and Electronic Equipment, Agriculture, commercial aviation and other activities.

VNESHECONOMBANK PRESS OFFICE

SOURCE Vnesheconombank


These press releases may also interest you

15 déc 2017
EP Energy LLC ("EP Energy"), a wholly-owned subsidiary of EP Energy Corporation , announced that it and its wholly-owned subsidiary, Everest Acquisition Finance Inc., as co-issuer (together with EP Energy, the "Issuers"), have amended certain terms...

15 déc 2017
Alberta Wind Energy Corporation ("AWEC") is pleased to announce that the Sharp Hills Wind Farm (the "Project") has been awarded a 20 year Renewable Energy Support Agreement ("RESA") from the Government of Alberta through the Renewable Energy Program...

15 déc 2017
Alimentation Couche-Tard Inc. ("Couche-Tard") announces that it has obtained clearance from the U.S. Federal Trade Commission ("FTC") to acquire all of the issued and outstanding equity interest of Holiday Stationstores, Inc. and certain affiliated...

15 déc 2017
Bonavista Energy Corporation ("Bonavista") confirms that a quarterly dividend of $0.01 per common share will be paid in cash on January 15, 2018 to common shareholders of record on December 29, 2017. The ex?dividend date is December 28, 2017....

15 déc 2017
PANHANDLE OIL AND GAS INC. announced that its Board of Directors, at its Dec. 12, 2017, meeting, approved a payment of the regular 4 cents per share quarterly dividend. The dividend will be payable on March 8, 2018, to shareholders of record on Feb....

15 déc 2017
The Enterprising Women of the Year Awards is widely considered one of the most prestigious recognition programs for women business owners. To win, nominees must demonstrate that they have fast-growth businesses, mentor or actively support other women...




News published on 4 october 2017 at 15:35 and distributed by: