Samsung Engineering Co., South Korea's largest industrial plant builder, said Thursday that it has secured a US$1.5 billion order to build a power plant in Saudi Arabia. Under the deal with Saudi Arabia's Saline Water Conversion Corp., the South Korean company will build the 3,100-MW power plant in Yanbu, 350 kilometers north of the country's second-largest city of Jeddah by December 2016, according to South Korea's (Yonhap) news agency.
GMT 17:19 2018 Thursday ,11 January
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German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
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