Nordic Privilege

08/02/2018

Major Strategic Projects and Investment opportunities to be presented during Kuwait International Conference for Iraq Reconstruction (12-14.02.2018).

A number of companies in the public and private sectors participated in the exhibition. Also a number of businessmen and private sector companies such as the Union of Contractors and the Iraqi Economic Community, the National Holding Group, Sardar Group of Commercial Agencies and the National Business Council, as well as Al-Masar Contracting and Solidarity for Insurance.

http://investpromo.gov.iq/newsticker/major-strategic-projects-to-be-presented-in-kuwait-international-conference-for-iraq-reconstruction/
source:

Please find below the Major Strategic projects to be presented during Kuwait International Conference for Iraq Reconstruction to be held in Kuwait for the period 12-14.02.2018 with the attendance of a large number of companies from all over the world :

15/01/2018

Saudi-Arabia boosts its plan for 2030 and starts practical actions to make the economy less depended on the oil industry. Now, Saudi focusing on the renewable energy, Education, Smart City and the last but not least the Car Manufacturing industry and yes, Electrical Car, which might be the first Electrical Car manufactured in the Middle-East!

Saudi Arabia is keen to develop its auto industry as part of efforts to diversify the economy

19/12/2017

Dubai’s “Strategic Plan 2021”:
Over the next decade, Dubai will look more and more like it came from a sci-fi movie.
The city has laid out 2021 goals that include:
- 3D-printing 25 percent of the city’s buildings
- Making 25 percent of transportation trips automated and driverless
- Installing hundreds of artificial “trees” that use solar power to provide the city with free wifi, screens with mapping information, and ports for charging phones
- Integrating passenger drones that can carry individuals into their public transportation system
- Becoming one of the top 10 sustainable cities by 2020.
Dubai is setting a prime example for the rest of the world to follow.

10/12/2017

Dubai signs Expo focused budget for 2018
In his capacity as the Ruler of Dubai, Vice President and Prime Minister of the UAE, His Highness Shaikh Mohammad Bin Rashid Al Maktoum approved the Government of Dubai’s 2018 General Budget Law No (21) for the year 2017 on Sunday, with a total of Dh56.6 billion earmarked for expenditure.

The budget features a rise in infrastructure spending, which makes up 21 per cent of the total government expenditure. According to a statement from Dubai’s media office, this reflects the directives of Shaikh Mohammad to raise infrastructure efficiency in Dubai.

The Expo 2020 was a major driver of accelerated growth in this sector which makes up 43 of the 2018 total spending

24/11/2017

GE signs $400m Contract for 14 Electric Substations in Iraq.

The Iraqi Ministry of Electricity (MoE) has signed an agreement worth over $400 million with GE Power (NYSE: GE) to develop 14 electric substations on a turnkey basis and supply critical equipment such as transformers, circuit breakers and other outdoor equipment to rehabilitate existing substations and bring much-needed power to areas facing significant electricity shortages across the country. http://invent.ge/2zYDEJh

GE has three offices in the country – in Baghdad, Erbil and Basra – and the company continues to deliver advanced technology and expertise for the development of critical energy, healthcare and transportation infrastructure in the country. Today, GE-built technologies generate up to 50 percent of Iraq’s power and GE employs about 300 people in the country, more than 95 percent of whom are Iraqi nationals.

GE Hewar is a blog intended to provide readers with thought-provoking articles and a place to discuss how we can co-create innovative solutions in energy, healthcare and home, transportation and finance.

20/11/2017

Sustainable approach, Smart energy metering, Jordan is a growing market for Renewable Power!

“Our target by 2020 is to generate about 20 percent of our electricity from renewables,” Ibrahim Saif, Jordan’s energy minister, said in the interview. Of the 1,600 megawatts planned, 1,300 is already contracted in two stages, Sabra said. The remaining 300 megawatts will be the third round, he said.
AMMAN — While Jordan has achieved “substantial” progress in attracting investments in the renewable energy sector, allowing third party supply of electricity would further boost the sector, a recent report said.
Jordan ranked second in the 2016 Arab Future Energy Index (AFEX) Renewable Energy, scoring 66 out of 100 points, while Morocco topped the list, scoring 71 per cent...............................

Source: Bloomberg and Jordantimes

14/11/2017

Dubai's DIFC launches $100m Fintech fund
Dubai International Financial Centre chief sees 'immense opportunity' in financial technology sector

Dubai International Financial Centre (DIFC) on Tuesday announced the launch of a $100 million FinTech-focused fund to accelerate the development of financial technology.

The fund was announced during the inaugural Global Financial Forum, GFF, organised by DIFC, which was attended by over 350 influencers from the financial services industry.

Essa Kazim, Governor of DIFC, said: "The fund will leverage the DIFC’s FinTech ecosystem consisting of attractive experimental licenses, market leading pricing and collaborative spaces. There is immense opportunity in this market, and this will be one more step towards shaping the future of finance in the region.

"There is huge potential in the region we serve and through the DIFC, we look to support the development of emerging markets in MEASA and encourage greater trade flows through the South-South corridor, which stretches from Latin America, through to Africa, India, South East-Asia and China," he added.

The launch comes after Dubai was ranked 10th in The Banker magazine’s annual international financial centre (IFC) rankings, placing it alongside hubs such as London, New York, Hong Kong and Singapore.

In the first six months of 2017, DIFC grew by 6.2 percent to 1,750 incorporated companies. This followed 14 percent growth over the course of 2016.
Source - arabianbusiness.com

03/11/2017

SMART CITY with 100% Renewable Energy, Neum is a start of the transformational change in the economic shape of Saudi Arabia.

In terms of ambition it is unsurpassed: a $500bn city that straddles three countries, powered entirely by renewable energy, running on AI technology, and contributing $100bn to the kingdom's GDP by 2030

03/11/2017

Partnership, localization, and proper business network are the three golden elements that will support you to explore new markets and to expand your business internationally.

03/11/2017

A magnificent opportunity for Nordic Medical Equipments manufacturers and personal healthcare technology to participate in Dubai International Convention and Exhibition Centre, organizing by Arab Health (29 January - 01 February 2018).
Arab Health is the largest gathering of healthcare and trade professionals in the MENA region. The 2018 edition of the event is expected to welcome more than 4,200 exhibiting companies and 103,000 attendees from 150+ countries.

https://www.arabhealthonline.com/en/Home.html

01/11/2017

What we can do...
Export; we handle freight, documentation, tariff, customs & clearance, transportation, and warehousing.
Distribution: find buyers, distributors and end customer for your products/services
Pricing: we set pricing policy for your products/services that match what truly the market will pay for it

01/11/2017

AME (Arabian Middle East) Region is one of the high demand consumer markets in the world for many industries in term of size, population and demand.