Power
DAMAC awarded Substations Contracts to Danway EME
DAMAC Properties, UAE announced in a statement that it has awarded the contract to build electrical substation at its luxurious, master-planned community, DAMAC Lagoons, to …
Year: 2022
Tourism
The Red Sea Development Company Signs SAR 1bn agreement with daa International
The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism projects, The Red Sea and AMAALA, has confirmed daa International …
Oil and Gas
ADNOC Drilling awarded $1.53 bn contract
Abu Dhabi National Oil Company (ADNOC) announced in a statement that it has awarded a contract worth $1.53 billion (AED5.62 billion) to ADNOC Drilling. The …
Construction
Projects awarded during September 2022 in Gulf Countries
Following are the major projects awarded during the month of September 2022 across Gulf countries. The projects covers the Power, Water, Construction, Petrochemical and Oil …
Construction
DGDA Signs Agreement with National Housing Company
The Diriyah Gate Development Authority (DGDA), Saudi Arabia and the National Housing Company (NHC), Saudi Arabia have signed a Memorandum of Understanding (MoU) to facilitate …
Power
India’s KEC awarded 400kV OHTL Contract for Kuwait – Saudi Arabia Interconnection
KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, announced in a statement that it has secured new orders of Rs. 1,407 …
Construction
Dubai announces opening of Al Damani Electric Vehicle Manufacturing Factory
Dubai Industrial City, a member of TECOM Group PJSC, and M Glory Holding Group announced the opening of Al Damani’s new 45,000-sqft factory, which represents …
Power
Oman’s 326MW Power and Water Plant Commence Operations
The CentralizedUtilitiesCompany (Marafiq), a joint venture – owned by OQ, a subsidiary of the Oman Investment Authority (OIA) and Gulf Energy Development Corporation of Thailand, …
AI and Data Center
stc launches Center3 announces Billion-Dollar Investment
stc Group, the leading digital enabler, inaugurated one of its largest and most significant projects, Center3 Company, the digital regional center for the Middle East …
Finance
Saudi Arabia’s PIF Announces Successful Completion of USD 3bn Inaugural Bond
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 …