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Central New Energy Partners with Sama Tech for Decarbonisation Efforts in UAE and GCC

Story Highlights
  • Central New Energy and Sama Tech partner for decarbonisation projects in UAE and GCC.
  • The collaboration aims to enhance market penetration and accelerate energy transformation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Central New Energy Partners with Sama Tech for Decarbonisation Efforts in UAE and GCC

Elevate Your Investing Strategy:

An announcement from Central Holding Group Co. Ltd. ( (HK:1735) ) is now available.

Central New Energy Holding Group Limited has entered into a memorandum of understanding with Sama Tech Ventures L.L.C to establish a long-term cooperation mechanism for information exchange and project collaboration in the decarbonisation sector within the UAE and GCC region. This partnership aims to leverage Sama Tech’s expertise in the Middle East to enhance market penetration and project implementation, while Central New Energy Holding Group will contribute its technical and production capabilities. The collaboration is expected to accelerate market development along the ‘Belt and Road’ initiative and offer a model for global energy transformation.

More about Central Holding Group Co. Ltd.

Central New Energy Holding Group Limited operates in the new energy sector, focusing on engineering, procurement, and construction, green building, smart energy management, health and wellness, and food and beverage supply chain. The company is engaged in developing sustainable energy solutions and expanding its market presence in Hong Kong, China, and beyond.

YTD Price Performance: 18.32%

Average Trading Volume: 4,492,567

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$42.32B

Find detailed analytics on 1735 stock on TipRanks’ Stock Analysis page.

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