Search SaudiArabiaPR.com

Home >> Real Estate & Retail

UL's Joint Venture in Saudi Arabia Receives Prestigious Award During Official KSA Royal Visit to the US

UL's Joint Venture in Saudi Arabia Receives Prestigious Award During Official KSA Royal Visit to the US

Tuesday, June 19, 2018/ Editor -  

Share

Home >> Real Estate & Retail
  • Joint venture between UL and GCC Lab Company based in Dammam, Saudi Arabia, gets recognition for its alignment with the KSA Vision 2030
  • UL Middle East received the award at an event held during the Saudi state visit by HRH Crown Prince Mohammed Bin Salman to the U.S
Dubai, UAE, June 19, 2018:   Gulf Renewables Lab, a UL-GCC joint venture based in Dammam, Saudi Arabia, has received a special award for its innovative and forward-thinking initiatives. 
 
Created with the aim of strengthening the Middle East’s Renewable Energy Infrastructure, the joint venture was commended due to its direct alignment to the Saudi Vision 2030 strategy to diversify its economy and ensure sustainability. 
 
Global safety science organization, UL, is headquartered in Northbrook, Illinois, U.S.. Its regional base operates out of offices in Dubai and its new, state-of-the-art lab facility in Abu Dhabi. The joint venture operates as a UL and GCC Lab Company and is based in Dammam, Saudi Arabia, to cater to customers in various parts of the Middle East, including Egypt.
 
Hamid Syed, vice president and general manager of UL Middle East, received the SAGIA certificate in person from Eng. Ibrahim bin Abdurrahman Al-Omar, Governor at Saudi Arabian General Investment Authority (SAGIA) at a special ceremony at the Saudi-U.S CEO Forum 2018 in New York City, which coincided with an official KSA state visit. 
 
 “We are absolutely honored to receive such a special and unexpected award for our joint venture partnership with GCC Labs,” Syed said. “Saudi Arabia’s Vision 2030 is vitally important to the future of the country and the region, therefore this agreement was put in place to directly help achieve and deliver on that vision. At UL, we feel very privileged to be in a position where we can help to play a part in helping the vision become a reality for the good of so many people. 
 
“We enjoy working with our friends and colleagues at Gulf Renewables Lab and look forward to a long and fruitful relationship that delivers a lasting legacy for KSA and the MENA region,” Syed added
 
The Gulf Renewables Lab is a closed joint stock company that was formed by a select group of prime governmental and commercial entities in the Kingdom of Saudi Arabia and the Gulf region. Its mandate is to provide testing, inspection and certification services for electrical equipment. 
 
The joint venture supports the region’s renewable energy market by leveraging both party’s resources, knowledge and experience and updating the certification requirements. It also offers a variety of services related to the renewable industry, such as pre-commissioning tests, construction monitoring services and product testing of solar PV modules, including accessories that comply with applicable standards including UL and IEC standards. 
 
Eng. Saleh Amri, CEO of GCC Lab said: “GCC Lab is honored by the receipt of the certificate during such a prestigious event and is looking toward a successful journey with its partner, UL, which will significantly contribute to the Kingdom’s vision 2030 through localizing the renewables testing activities, creating a knowledge based economy and offering rewarding careers to Saudi workforce.”
 
The Middle East markets to be served by the joint venture all have ambitious renewable targets with substantial growth expected over the next several years. It is anticipated that the joint venture will be well positioned to support those targets in the years to come. 

Previous in Real Estate & Retail

Next in Real Estate & Retail


Home >> Real Estate & Retail Section

Latest Press Release

Waldorf Astoria Ras Al Khaimah and Jeddah launch Adrenaline-Packed Experiences f ...

FOREO To Attend TFWA: the World's Largest Travel Retail Show

Celebrate Saudi National Day with Al Faisaliah Hotel Riyadh

Higher crude production and prices will strengthen Saudi Arabia's economy

The St. Regis Maldives Vommuli Resort Celebrates 88th National Day of the Kingdo ...

Dubai Festival City Mall Celebrates KSA National Day with Special Imagine Show

NARS Erdem SS19 Beauty Report

Diana Arno Expands Online Shopping to Middle East

WWE® Crown Jewel Set for November 2 in Saudi Arabia

Multi-billion dollar Saudi entertainment resort launches in record time using se ...

Bloomberg and Saudi Research and Marketing Group (SRMG) Unveil New Details of Pa ...

Al Widyan Co. (SRECO) Awards SAR 1.1 billion Contract to BINYAH

Ascott Rafal Olaya Riyadh Undertakes Saudization Efforts

Huawei Celebrates 10 Million HUAWEI P20 Pro and HUAWEI P20 Units Sold Globally

17 Young Saudi Journalists Take Part in Second Bloomberg-Misk Training Program

Restrictions on Employment of Foreign Nationals in Retail Sector Forthcoming

NARSissist Wanted Eyeshadow Palette Get More Views

NARSissist Wanted Cheek Palettes I & II Raise Your Profile

Clean Air in Classrooms Improves Student Performance

The Trendiest Fall/Winter 2018 Accessories From Etoile ‘La Boutique'