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Home2022September

Month: September 2022

Power

UAE’s Mubadala, TAQA Group to invest in power sector in Uzbekistan

September 9, 2022 Mohammad S
Mubadala Investment Company (Mubadala) and Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utilities companies in the region, signed agreements …
Mining

Ajlan, Moxico consortium wins Khnaiguiyah exploration license in Saudi Arabia

September 8, 2022 Mohammad S
Ministry of Industry and Mineral Resources, Saudi Arabia announced that the consortium of Ajlan & Bros Mining Company (Saudi Arabia) and  Moxico Resources PLC (UK) …
Construction

AMAALA announces SAR 6.62 billion of contracts signed to date

September 8, 2022 Mohammad S
AMAALA, the ultra-luxury development located along Saudi Arabia’s north-western Red Sea coast, has announced tangible progress across the development, with over 300 contracts signed to …
Power

Bahrain received AlDur Phase 3 IWPP Consultancy services bids

September 6, 2022 Mohammad S
The Electricity and Water Authority (EWA), Bahrain received the technical bids for the consultancy services of AlDur Phase 3 power and water plant. Following firms …
Oil and Gas

NPCC, UAE awarded $548m contract for new main gas line at Lower Zakum field

September 5, 2022 Mohammad S
Abu Dhabi National Oil Company (ADNOC) announced the award of a US$548 million (AED2.01 billion) contract to build a new main gas line at its …
PPP

Qatar Signs Contract for Al Wakrah & Al Wukair Sewage Treatment Works project

September 5, 2022 Mohammad S
Public Works Authority, Qatar announced the signing of a public-private partnership contract for Al Wakrah & Al Wukair Sewage Treatment Works project. The total cost …
Construction

Bidders Qualified for Medical Cities Project in Saudi Arabia

September 4, 2022 Mohammad S
The Ministry of Health (MoH), Saudi Arabia in cooperation with the National Center for Privatization & PPP (NCP), announced the Qualified Bidders for King Faisal …
Petrochemical

SABIC, BASF, Linde starts construction of world’s first electrically heated steam cracker furnaces

September 4, 2022 Mohammad S
BASF, SABIC and Linde have started construction of the world’s first demonstration plant for large-scale electrically heated steam cracker furnaces. By using electricity from renewable …
Construction

Taiba awards $115m contract for Sheraton Hotel Construction in Madinah

September 3, 2022 Mohammad S
Taiba Investments, Saudi Arabia announced in a statement that it has awarded an SR431 million ($115 million) contract to Saudi Arabian Construction Company for the …
Finance

Masdar Achieves Financial Close on Uzbekistan’s 500MW Wind Project

September 3, 2022 Mohammad S
Masdar, UAE, announced that it has achieved financial close on the 500-megawatt (MW) Zarafshan wind project – Uzbekistan’s first utility-scale wind farm. The announcement was …

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