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Home2022March

Month: March 2022

Construction

Al Sharif Group Holding Working with Mandarin Oriental to Develop Luxury Hotel in Cairo

March 24, 2022 Mohammad S
Al Sharif Group Holding (ASG) and Mandarin Oriental Hotel Group (MOHG) have announced a management agreement to rebrand the historic Shepheard Hotel in Cairo, Egypt. …
Construction

Mawani and stc Sign 3 Agreements to Transform the Kingdom’s Ports into Smart Ports Using 5G Technologies

March 23, 2022 Mohammad S
The Saudi Ports Authority (Mawani) launched the Smart Ports initiative that aims to automate operations in Saudi ports, with the presence of His Excellency; the …
Finance

ADIB allocates US$61 million provision for first green finance deal in Saudi Arabia

March 23, 2022 Mohammad S
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced in a statement the provision of US$61 million in financing for green-certified projects in Saudi …
NEOM

NEOM launches ENOWA, To accelerate the development of energy and water systems

March 22, 2022 Mohammad S
NEOM announced the launch of its subsidiary company ENOWA, which will lead the development of NEOM’s world-class, sustainable energy and water systems. Work to develop …
Power

HEISCO Kuwait Submits lowest bid of $37.8m for Substation Project

March 22, 2022 Mohammad S
Heavy Engineering Industries & Shipbuilding Co. K.S.C. (HEISCO), Kuwait announced in a statement that it has submitted the lowest bid for the Substation Project. The …
Hydrogen

Uniper, Hydrogenious of Germany and JERA Americas to Partner with ADNOC to Explore Hydrogen Opportunities

March 22, 2022 Mohammad S
Uniper, Hydrogenious LOHC of Germany and JERA Americas together with the Abu Dhabi National Oil Company (ADNOC) announced a joint study agreement (JSA) to explore …
Construction

Projects awarded during February 2022 in Gulf Countries

March 22, 2022 Mohammad S
Following are the major projects awarded during the month of February 2022 across Gulf countries. The projects covers the Power, Water, Construction, Petrochemical, Transport and …
Transport

Saudi Arabia’s Mawani Launches EOI for Marine Services at (8) Saudi Ports

March 21, 2022 Mohammad S
The Saudi Ports Authority (Mawani) in cooperation with National Centre for Privatization & PPP (NCP) announce launching the Expression of Interest (EOI) for marine services …
Oil and Gas

ARO Drilling awarded Rig Contract From Saudi Aramco

March 21, 2022 Mohammad S
ARO Drilling announced in a statement that it has awarded a contract for rig V-140. ARO Drilling (Saudi Aramco Rowan Offshore Drilling Company) is a …
Oil and Gas

NESR awarded Cementing Services Contract in UAE

March 20, 2022 Mohammad S
National Energy Services Reunited Corp. (NESR), an international, industry-leading provider of integrated energy services in the Middle East and North Africa (MENA) region, has announced …

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Power

Oman invites bids for 400/132kV Substation Projects

May 29, 2023
Oman Electricity Transmission Company SAOC issued new tenders for the consturciton of Substation Projects. Tender notification has been issued for following projects: Construction of 400/33kV …
Miscellaneous

Kuwait announces the bid results for 1.5GW Solar Project

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The Kuwait National Petroleum Company (KNPC) has announces the bid results for the planned 1.5GW Solar Power capacity under its Dabdaba project. China based (Please …
AI and Data Center

DataVolt and Supermicro Signs $20 billion Worth Agreement

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DataVolt, a leading Saudi Arabian data center company, announced the signing of a multi-year partnership agreement with Super Micro Computer Inc. (Supermicro), a global leader …
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