Sharjah's Crescent Group has expanded its ties with Russia through an alliance with the country's biggest power company.
This week in Abu Dhabi, Crescent Investments, a unit of Crescent Group, signed a strategic co-operation agreement with Inter Rao, as the Russian state-controlled electricity generation and trading enterprise opened a regional office in the UAE capital.
"We can broaden our footprint through a series of projects in the Mena region," said Boris Kovalchuk, the chief executive of Inter Rao. The project would be run from the new Abu Dhabi office, he added.
No comments:
Post a Comment