December 17, 2025
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Home2022October

Month: October 2022

Finance

Saudi Arabia’s PIF Announces Successful Completion of USD 3bn Inaugural Bond

October 6, 2022 Mohammad S
The Public Investment Fund (PIF) announced in a statement that it has completed its first-ever bond issuance, first-ever century green bond, raising USD 3 billion …
Oil and Gas

McDermott awards SAR450m Steel Pipes Supply Contract

October 4, 2022 Mohammad S
Arabian Pipes Co. Saudi Arabia announced in a statement that, it won a project to supply steel pipes to McDermott Arabia Company Limited (MACL). The …
Oil and Gas

OQ Gas Network, Gulf Petrochemicals Services Sign Agreement for Maintenance and Engineering Service

October 4, 2022 Mohammad S
OQ’s Gas Network (OQGN) –One of OQ’s Assets- signed an agreement with Gulf Petrochemicals Services (GPS) for a maintenance and engineering service contract. As part …
Power

L&T awarded 380kV OHTL Contract in Saudi Arabia

October 4, 2022 Mohammad S
The Power Transmission & Distribution Business of L&T Construction announced in a statement that it has bagged multiple orders in India and abroad. An order …
Construction

UAE’s Arada Awards two contracts valued at $123.6m

October 4, 2022 Mohammad S
Arada has awarded two major contracts to build nine premium apartment blocks in Aljada, the 24 million square foot mixed-use megaproject located in the Muwaileh …
Power

Mitsubishi Awarded Service Agreement by Aluminium Bahrain BSC (Alba)

October 3, 2022 Mohammad S
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), announced that it has signed a Long-Term Service Agreement (LTSA) with Aluminium Bahrain …
Press Releases

Egis completes acquisition of WME

October 2, 2022 Mohammad S
After the announcement of the agreement to acquire WME earlier this year, Egis announces that they have successfully completed the acquisition of one of the …
Construction

Oman Signed agreement to Develop, Operate Khasab Port

October 2, 2022 Mohammad S
The Ministry of Transport, Communications and Information Technology signed a framework agreement with International Container Terminal Company “Hutchison Ports Sohar” to develop, manage and operate …

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    Kuwait's Al-Dhow Company awarded $186.7 million O&M Contracts
  • Al-Saad Contracting Co. awarded $48.3 million Marriott Hotel building Project in Riyadh
    Al-Saad Contracting Co. awarded $48.3 million Marriott Hotel building Project in Riyadh
  • Doosan Enerbility awarded $88.5 million Combined-Cycle Power Plant Equipment Contract in Qatar
    Doosan Enerbility awarded $88.5 million Combined-Cycle Power Plant Equipment Contract in Qatar
  • Wood awarded Over $1 billion Contracts in 2025 Across Middle East
    Wood awarded Over $1 billion Contracts in 2025 Across Middle East
  • Saudi's Dar Al Majd awards $71 million Residential Development Projects
    Saudi's Dar Al Majd awards $71 million Residential Development Projects

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Construction

Qatar’s Estithmar Holding Subsidiary awarded MEP Works for three Hotels in Saudi Arabia

April 11, 2023
Estithmar Holding Q.P.S.C announced in a statement that, its Subsidiary “Elegancia Arabia Trading Company”, has been awarded the MEP Package Works for the Prestigious Central …
Construction

Saudi Arabia launches “Ardara” with development of “AlWadi” in Abha as flagship project

October 16, 2023
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, Chairman of the Public Investment Fund (PIF), announced today …
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QatarEnergy announces plans to build $275 million Salt Production Plant

June 10, 2024
QatarEnergy announces plans to build a salt production plant in the Um Al Houl area in Qatar through a joint venture by Mesaieed Petrochemical Holding …
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