December 19, 2025
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Home2022October

Month: October 2022

Construction

Parsons Awarded $145m Contract in Saudi Arabia

October 21, 2022 Mohammad S
Parsons Corporation announced its selection by the Ministry of Municipal Rural Affairs and Housing in Riyadh, Saudi Arabia to establish and operate an Enterprise Project …
Power

Brugg Cables & PTE form Partnership to localize High Voltage Accessories in Saudi Arabia

October 20, 2022 Mohammad S
In line with the Saudi Vision 2030 and the growing demand for localized products in Saudi Arabia, Brugg Cables and PTE are glad to announce …
Solar PV Image
Power

Alfanar awarded SAR 1.2bn 110MW Solar PV Project

October 20, 2022 Mohammad S
Alfanar Construction Company, Saudi Arabia announced in a statement that it has awarded a Solar Energy Project by Saline Water Conversion Corporation (SWCC), Saudi Arabia. …
Oil and Gas

Saipem awarded $4.5bn contract by Qatargas

October 20, 2022 Mohammad S
Saipem announced in a statement that it has been awarded a contract by Qatargas for the North Field Production Sustainability Offshore Compression Complexes Project – …
Oil and Gas

McDermott Awards SAFIRA Fabrication Yard Construction Contract in Saudi Arabia

October 19, 2022 Mohammad S
McDermott and Saudi Aramco gathered Monday (18 Oct 2022) in Ras Al-Khair, Saudi Arabia, to mark the award of the construction contract for the Saudi …
Power

Qatar inaugurated 800 MW Al-Kharsaah Solar Power Plant

October 18, 2022 Mohammad S
HE Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, highlighting the benefits of the Al-Kharsaah solar power …
Finance

Standard Chartered arranges financing for Saudi-Egypt electricity interconnection project

October 18, 2022 Mohammad S
Standard Chartered Bank (with Sumitomo Mitsui Banking Corporation) announces the provision of a $566.4m Export Credit Agency supported Islamic financing facility for Saudi Electricity Company …
Power

Emerge signs agreement to develop Solar Plant for Khazna Data Centres Facility

October 18, 2022 Mohammad S
Emerge, a joint venture between Masdar and EDF, and Khazna Data Centres, the largest network of hyperscale data centres in the Middle East and North …
Press Releases

BEEAH launches Marasi: a digital manifest platform for integrated waste management at ports

October 18, 2022 Mohammad S
BEEAH Environment Services, the environmental consulting, research, and innovation business of Middle East sustainability pioneer BEEAH Group, announced the launch of MARASI, a new online …
Construction

DAMAC Properties unveiled “CHIC Tower”

October 18, 2022 Mohammad S
DAMAC Properties, UAE has unveiled “CHIC Tower”, a 41-storey tower designed to instill wellness and healthy living in a unique luxurious setting, complimented with ample …

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Oil and Gas

L&T awarded Ultra-Mega Onshore Project in the Middle East

October 31, 2023
The Hydrocarbon Business (L&T Energy Hydrocarbon – LTEH) of Larsen & Toubro (L&T) announced in a statement that it has secured Letter of Intent for …
Press Releases

Egis Signs MOU with Saudi Arabia’s Air Navigation Services (SANS)

November 14, 2023
At the Dubai Airshow, NERA has signed a Memorandum of Understanding (MoU) with the international engineering firm, Egis. Egis will provide specialized expertise and know-how …
Finance

ADFD, ADEX sign loan agreements of $92m to finance water supply network project in Bahrain

July 17, 2022
Abu Dhabi Fund for Development (ADFD) and the Abu Dhabi Exports Office (ADEX) announced in a statement that it has signed two loan agreements with …
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