Engie appoints new CEO as it expands Saudi presence ...United Arab Emirates

ENGIE has appointed Turki Al Shehri as chief executive officer (CEO) to manage the its newly established dedicated holding company for Saudi Arabia. The move is part of an expansion of its activities in the Kingdom, where it has 2000 employees and over $7.9 Billion of capital investment. The new local office will bring ENGIE’s global experience closer to its customers, it said in a statement, adding: “Despite delays and potential setbacks that the world experienced as a result of the Coronavirus pandemic, ENGIE has managed to keep its expansion in the Kingdom on track building its asset and project value to over $8 billion, with plans to invest in assets worth an additional $6.34 billion in

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