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Home2022

Year: 2022

Press Releases

Saudi Jordanian Investment Fund signs contract with Dar-Al Handasah Consultants

November 25, 2022 Mohammad S
The Saudi Jordanian Fund for Medical and Educational Investments Company (SJFMEI), a wholly-owned subsidiary of the Saudi Jordanian Investment Fund (SJIF), signed a contract with …
Power

ACWA Power to develop 575MW Power Plant in Indonesia

November 24, 2022 Mohammad S
ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, and PERTAMINA New & Renewable Energy …
Construction

UAE’s Alef launches $435.6m Darb 3 in Al Mamsha Raseel

November 23, 2022 Mohammad S
Alef Group, the leading real estate developer in Sharjah, has launched Darb 3 in Al Mamsha Raseel (Zone 3), following record sales achieved with Al …
Power

UAE’s AD Ports Group and TotalEnergies to Explore Solar Opportunities

November 23, 2022 Mohammad S
Khalifa Economic Zones Abu Dhabi – KEZAD Group, the integrated trade, logistics, and industrial hub of Abu Dhabi and a subsidiary of AD Ports Group, …
Construction

Hassan Allam awarded Contract of Madinah 3 ISTP

November 23, 2022 Mohammad S
Hassan Allam Holding announces that its subsidiary Hassan Allam Construction Saudi has been awarded the civil works at Madinah 3 Independent Sewage Treatment Plant as …
Construction

UAE’s Arada unveiled Jouri Hills at Dubai’s Jumeirah Golf Estates

November 23, 2022 Mohammad S
Arada has unveiled its first project in Dubai with the launch of Jouri Hills at Jumeirah Golf Estates, a luxury villa collection in the heart …
Power

UAE’s Masdar signs 100 MW Solar PV agreement with Turkmenistan

November 22, 2022 Mohammad S
Masdar, one of the world’s leading renewable energy companies, has signed a joint development agreement (JDA) with Turkmenenergo State Power Corporation of the Ministry of …
Construction

Oman awards 51km of Road works – Duqm Airport to Ras Markaz

November 22, 2022 Mohammad S
The Public Authority for Special Economic Zones and Free Zones (OPAZ), Oman has awarded the construction of the dual carriageway from Duqm Airport Roundabout to …
Oil and Gas

Saudi Aramco signed $11bn agreements

November 22, 2022 Mohammad S
Saudi Aramco announced in a statement that it has signed 59 corporate procurement agreements (CPAs) with 51 local and global manufacturers, with potential to create …
Oil and Gas

Valaris awarded $136.4m Contract from BP offshore Egypt

November 22, 2022 Mohammad S
Valaris Limited announced that drillship VALARIS DS-12 has been awarded a four-well contract with BP offshore Egypt. The contract is expected to commence late in …

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    Oman Hazardous Waste Disposal Center Project Commences Construction

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Construction

Kaden Investment, UAQ Signs Strategic Partnership for “Masar Destination”

April 24, 2022
Kaden Investment, Saudi Arabia has announced the signing of a strategic partnership agreement with Umm Alqura for Development and Construction Company to develop and implement …
Construction

UAE’s NMDC awarded $56.9 million Contract by ADNOC

January 22, 2024
National Marine Dredging Company (NMDC), UAE announced in a statement that it has received a Letter of Award from Abu Dhabi National Oil Company (ADNOC). …
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NESMA and Almabani secured Red Sea Airport Project

July 13, 2020
The Red Sea Development Company (TRSDC), announced in a statement,  the awarding of its largest value contract to date for airside infrastructure works for the destination’s international …
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