Petrochemical
Petro Rabigh signed CO2 Capture and Sales Project Agreement
Petro Rabigh, Saudi Arabia announced in a statement that it has signed the CO2 Capture and Sales Project Agreement with Gulf Cryo Company, a project …
Year: 2022
Construction
Construction Agreement Signed to Build Grains Terminal in Yanbu Commercial Port
His excellency, Eng. Abdulrahman Abdulmohsen Al-Fadley, the Minister of Environment, Water and Agriculture, and the Chairman of SALIC has witnessed the signing of a construction …
Power
UAE’s Barakah doubles clean electricity generation with start of Commercial Operations at Unit 2
The Emirates Nuclear Energy Corporation (ENEC) announced today the start of commercial operations of Unit 2 at the Barakah Nuclear Energy Plant. Unit 2 adds …
Construction
Al Sharif Group Holding Working with Mandarin Oriental to Develop Luxury Hotel in Cairo
Al Sharif Group Holding (ASG) and Mandarin Oriental Hotel Group (MOHG) have announced a management agreement to rebrand the historic Shepheard Hotel in Cairo, Egypt. …
Construction
Mawani and stc Sign 3 Agreements to Transform the Kingdom’s Ports into Smart Ports Using 5G Technologies
The Saudi Ports Authority (Mawani) launched the Smart Ports initiative that aims to automate operations in Saudi ports, with the presence of His Excellency; the …
Finance
ADIB allocates US$61 million provision for first green finance deal in Saudi Arabia
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced in a statement the provision of US$61 million in financing for green-certified projects in Saudi …
NEOM
NEOM launches ENOWA, To accelerate the development of energy and water systems
NEOM announced the launch of its subsidiary company ENOWA, which will lead the development of NEOM’s world-class, sustainable energy and water systems. Work to develop …
Power
HEISCO Kuwait Submits lowest bid of $37.8m for Substation Project
Heavy Engineering Industries & Shipbuilding Co. K.S.C. (HEISCO), Kuwait announced in a statement that it has submitted the lowest bid for the Substation Project. The …
Hydrogen
Uniper, Hydrogenious of Germany and JERA Americas to Partner with ADNOC to Explore Hydrogen Opportunities
Uniper, Hydrogenious LOHC of Germany and JERA Americas together with the Abu Dhabi National Oil Company (ADNOC) announced a joint study agreement (JSA) to explore …
Construction
Projects awarded during February 2022 in Gulf Countries
Following are the major projects awarded during the month of February 2022 across Gulf countries. The projects covers the Power, Water, Construction, Petrochemical, Transport and …