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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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