BW expands in Mideast, opens HQ in Dubai

  • Date: 04-Feb-2021
  • Source: Zawya
  • Sector:Industrial
  • Country:UAE
  • Who else needs to know?

BW expands in Mideast, opens HQ in Dubai

Babcock & Wilcox (B&W) has continued its expansion into the Middle East and Africa with the formation of Babcock & Wilcox Middle East Holdings and the opening of a headquarters in Dubai.Concurrent with this announcement, Wassim Moussaoui has been named Managing Director, B&W Middle East Holdings.The new headquarters for B&W Middle East Holdings is located in the Dubai International Financial Center (DIFC), the UAE, and will serve as B&W's hub for sales, business development and operations in the Middle East and Africa region and will support the company's growth in Saudi Arabia, Kuwait, Egypt, Oman and Qatar.The office will serve customers for the company's new strategic, market-facing segments - B&W Environmental, B&W Renewable and B&W Thermal."B&W Middle East Holdings, under the direction of Wassim Moussaoui, strengthens our presence in the expanding environmental, renewable and thermal markets in the Middle East and Africa. We see approximately $4 billion in addressable market potential in the countries and lines of businesses where we are focusing our efforts, and we're pleased that Wassim will lead our growth efforts in this key geographic region,“ Kenneth Young, the CEO of B&W, said."Wassim brings more than 15 years of international business development experience to this role. His