In his new role, Al Makhdoub replaces Eng ahmed Al-Bailey, executive vice president of KEC
, who served as CEO until Al Makhdoub's appointment was confirmed by the board.
About 5,000 among the 6,500 workers accepted the employment at the subsidiary, while the remaining 1,500 refused the offer and were dismissed as the contract between the KEC
and the outsourced firms expired June 30.
is a 6.9 million sq m zone located only 5 km from the holy mosque on the main axis connecting the airport, train station with the holy mosque providing numerous investment and development opportunities across all the sectors through commercial, residential, educational, and hospitality projects that will enable KEC
to be a knowledge industries hub and enabler.
Khalid bin Awadh al Balushi, chief executive officer of KEC
, hailed the support Khazaen is receiving from the Asyad Group, and the rapid approval of the detailed master plan, which marks the beginning of a new strategic stage.
He explained that the main task of the officials at KEC
is to attract
In March 2018, Oman Investment Corporation (OIC) and the Saudi-based Mohammed Ali Al Swailem Group (MASCO) signed the shareholders' agreement to set up KEC
as a joint venture for the master development of Khazaen.
In order to address that need, present KEC
is being expanded and modernized in order to create a capacity for holding larger exhibitions for the country.
Because of the impossibility to get to the mines of the Kosovo Electricity Corporation (KEC
), they have used the state reserves for months.
Oil export revenues remained stable at KD 3.7 billion (USD 12 billion) during 1Q17, despite an increase in the price of Kuwait Export Crude (KEC
), while the price of KEC
was up 12 percent and production was down by 5 percent, the report showed.
When booking an appointment at the Kohler Experience Center (KEC
), visitors can choose from rain head showers, a digitally-controlled shower with a screen that lets you change the temperature, adjust the lighting, and even play music.
M2 EQUITYBITES-January 5, 2017-Australian Miner Nyota Minerals to Sell KEC
Exploration to Shareholder
An artist's impression of Knowledge Economic City (KEC
) in Madinah.