RIYADH: The co-chairman of Canada-based Ivanhoe Mines Co, will take over the same position at the Saudi Arabian firm Energy Capital Group, it has been announced. Robert Friedland has more than 30 years experience in the sector as an entrepreneurial explorer, technology innovator and company builder. “We are extremely honored and excited about Robert’s backing. This is a clear and powerful endorsement to the ECG team, track record and opportunity,” Ali Alturki, Managing Partner of ECG said in a statement, adding: “We will - God willing - make history together!” ECG is a global energy investments group with portfolio companies in Saudi Arabia and the Middle East.