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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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PPP

EWEC Receives Bidder Proposals for Saadiyat Island RO Desalination Project

July 30, 2024
EWEC (Emirates Water and Electricity Company), a leading company in the integrated planning, purchasing and supply of water and electricity across the UAE, has announced …
Water

Tawzea Signs $35.5 million O&M Contract in Madinah

February 1, 2026
SISCO Holding, Saudi Arabia announces that the International Water Distribution Company (Tawzea) has signed the contract with National Water Company (NWC).  The objective of the …
Finance

ADNOC, Eni and PTTEP Secures Structured Financing of up to $11 Billion for Hail and Ghasha Gas Development

December 18, 2025
Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”), in partnership with Eni S.p.A. (“Eni”) and PTT Exploration and Production Public Company Limited (“PTTEP”), announced the …
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