Thank you to everyone who shared fantastic feedback on Ruggiero Lomonaco's visit to Riyadh last week. We’re excited for what’s ahead! #Rasmala #Riyadh #RealEstate #SaudiArabia #Leadership
Our Executive Chairman Robert Morse was featured in an exclusive one-on-one interview at the Markets Group ALTSME Conference in Riyadh, Saudi Arabia last week. Ruggiero Lomonaco, Head of Real Estate at Rasmala, and Bob discussed key themes across real assets, infrastructure, and energy.
🌍 Lamprell CEO engages with KSA Minister of Energy at the “Energy Localization Forum” 🌍 Yesterday, Lamprell CEO Ian Prescott attended the prestigious “Energy Localization Forum” in Riyadh alongside our owner, Algihaz Holding. Organised by the Ministry of Energy, this event highlighted our shared commitment to advancing the Saudi energy sector and expanding our presence in the Kingdom. A key highlight was Ian’s interaction with His Royal Highness, Prince Abdulaziz Bin Salman, the Minister of Energy, following the signing of a memorandum of understanding - solidifying our support for Saudi Arabia’s ambitious localisation goals. The forum, a key initiative under Saudi Vision 2030, focused on localising the energy sector, enhancing sustainability, and driving economic growth. Lamprell’s participation aligns with our strategic efforts to grow our market position in KSA. Together with Algihaz Holding, we are proud to collaborate to build a resilient and innovative energy landscape that benefits both the Kingdom and our stakeholders. #Lamprell #AlgihazHolding #EnergyLocalizationForum #MinistryOfEnergy
MSc MIBA, Business Consultant, Corporate Communication Specialist, Cross-Cultural Advisor, Entrepreneur, Leadership Trainer
𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 𝗯𝘆 𝗚𝗖𝗖 𝗖𝗼𝘂𝗻𝘁𝗿𝗶𝗲𝘀 𝗶𝗻 𝗜𝗿𝗮𝗾 The Gulf Cooperation Council (GCC) countries have significantly increased their investments in Iraq across various sectors, particularly in real estate, infrastructure, and energy. The following is a summary of the investments made by each GCC country, detailing the name of the investment, the amount, and the total investment amount. 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮 • Real Estate Projects in Baghdad, over $5 billion • Baghdad Avenue Project, around $1 billion • Saudi-Iraqi Investment Company (PIF), $3 billion allocated 𝗨𝗻𝗶𝘁𝗲𝗱 𝗔𝗿𝗮𝗯 𝗘𝗺𝗶𝗿𝗮𝘁𝗲𝘀 (𝗨𝗔𝗘) • Special Fund Deposit, $3 billion • Major Trad Partner, over $27 billion • Main Investor in the Development Road (Mega Project): Not specified 𝗤𝗮𝘁𝗮𝗿 • Estithmar Holdings Agreements, $7 billion (for modern cities, hospitals, and tourism) • UCC Holding Power Plants, $2.5 billion • QatarEnergy Stake in TotalEnergies Projects, Part of a larger $27 billion GGIP project (QatarEnergy holds a 25% stake) • Main Investor in the Development Road (Mega Project): Not specified. 𝗞𝘂𝘄𝗮𝗶𝘁: • GCC-Iraq Power Line: funding the GCC-Iraq power line, $220 million Other investment opportunities are being discussed by GCC countries, alongside growing investments from other nations in Iraq, especially in energy, infrastructure, and agriculture. New investment announcements may soon follow, driven by our efforts and support from those who care about Iraq. #Kadhum_Jabbar #Business #Consulting #Iraq #GCC #KSA #UAE #Qatar #Kuwait Investment #Realestate #Infrastructure #Energy
What does the giga project value chain look like in Saudi Arabia? Download our construction sector guidebook to understand the key stakeholders under the Public Investment Fund (PIF), and map your bidding strategy for the Kingdom's giga projects: https://lnkd.in/dMwzPwyN #AstroLabs #GigaProjects #SaudiArabia #Construction #PIF #NEOM #RedSea #Qiddiya
Ellis Renforth, President of Operations, EMEA recently spoke as part of the energy panel at the IBBC Annual Conference in Dubai. Investment in new and existing infrastructure and decarbonisation are integral to Iraq’s energy independence ambition and why Wood continues to invest and grow our capabilities in Iraq. Utilising our knowledge of existing assets and infrastructure with the skills of our local workforce, we are supporting clients to enhance the development of Iraq’s natural reserves whilst ensuring sustainable operations. Find out more about Wood’s growth in the Middle East on our website – https://lnkd.in/g6zVWYCf
Ellis Renforth, President of Operations, EMEA recently spoke as part of the energy panel at the IBBC Annual Conference in Dubai. Investment in new and existing infrastructure and decarbonisation are integral to Iraq’s energy independence ambition and why Wood continues to invest and grow our capabilities in Iraq. Utilising our knowledge of existing assets and infrastructure with the skills of our local workforce, we are supporting clients to enhance the development of Iraq’s natural reserves whilst ensuring sustainable operations. Find out more about Wood’s growth in the Middle East on our website – https://lnkd.in/eRqkVVqn
Ellis Renforth, President of Operations, EMEA recently spoke as part of the energy panel at the IBBC Annual Conference in Dubai. Investment in new and existing infrastructure and decarbonisation are integral to Iraq’s energy independence ambition and why Wood continues to invest and grow our capabilities in Iraq. Utilising our knowledge of existing assets and infrastructure with the skills of our local workforce, we are supporting clients to enhance the development of Iraq’s natural reserves whilst ensuring sustainable operations. Find out more about Wood’s growth in the Middle East on our website – https://lnkd.in/g5JU-NHC
Ellis Renforth, President of Operations, EMEA recently spoke as part of the energy panel at the IBBC Annual Conference in Dubai. Investment in new and existing infrastructure and decarbonisation are integral to Iraq’s energy independence ambition and why Wood continues to invest and grow our capabilities in Iraq. Utilising our knowledge of existing assets and infrastructure with the skills of our local workforce, we are supporting clients to enhance the development of Iraq’s natural reserves whilst ensuring sustainable operations. Find out more about Wood’s growth in the Middle East on our website – https://lnkd.in/dfw2NbFF
Connecting agile & innovative thinkers to opportunities within the growing wood community!
Ellis Renforth, President of Operations, EMEA recently spoke as part of the energy panel at the IBBC Annual Conference in Dubai. Investment in new and existing infrastructure and decarbonisation are integral to Iraq’s energy independence ambition and why Wood continues to invest and grow our capabilities in Iraq. Utilising our knowledge of existing assets and infrastructure with the skills of our local workforce, we are supporting clients to enhance the development of Iraq’s natural reserves whilst ensuring sustainable operations. Find out more about Wood’s growth in the Middle East on our website – https://lnkd.in/guweVRMR
Saudi Arabia becomes Uzbekistan’s top energy investor with joint projects surpassing $30bn Uzbekistan commended Saudi Arabia for its efforts in maintaining market stability, acknowledging the advantages for both producers and consumers, along with the broader aim of fostering sustainable economic growth. 👉Details — https://lnkd.in/dwDUnut5 #SaudiUzbekEnergyInvestment #BilateralProjects #MarketStability #EconomicGrowth #SustainableDevelopment #SaudiInvestment #UzbekSaudiPartnership #EnergySectorCooperation #InvestmentInnovation #MutualBenefit
Ellis Renforth, President of Operations, EMEA recently spoke as part of the energy panel at the IBBC Annual Conference in Dubai. Investment in new and existing infrastructure and decarbonisation are integral to Iraq’s energy independence ambition and why Wood continues to invest and grow our capabilities in Iraq. Utilising our knowledge of existing assets and infrastructure with the skills of our local workforce, we are supporting clients to enhance the development of Iraq’s natural reserves whilst ensuring sustainable operations. Find out more about Wood’s growth in the Middle East on our website – https://lnkd.in/dQwSFVrx
