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Home2023May

Month: May 2023

Transport

UAE’s Masdar, Airbus to support development of global sustainable aviation fuel market

May 16, 2023 Mohammad S
Abu Dhabi Future Energy Company (Masdar) has signed an agreement with Airbus, to support the development and growth of the global sustainable aviation fuel market. …
Finance

NEOM, Riyad Bank Signed SAR 3 bn Financing Deal for NEOM Sindalah

May 15, 2023 Mohammad S
NEOM announced in a statement that it has signed an agreement with Riyad Bank for SAR 3 billion in debt financing to help fund the …
Construction

Atkins, BEEAH signs JDA to collaborate on radioactive waste management projects

May 15, 2023 Mohammad S
BEEAH Group, the sustainability pioneer and digital expert in the Middle East and North Africa (MENA) region, has signed a Joint Development Agreement (JDA) with …
Power

Mitsubishi Power Awarded long-term contract in Kuwait

May 15, 2023 Mohammad S
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), announced that it had been awarded a long-term contract by the Kuwait Ministry …
Construction

Accor and Erth Real Estate announce three new luxury hotels in Riyadh

May 15, 2023 Mohammad S
Accor, a world-leading hospitality group, in partnership with Erth Real Estate Company, announced that it will open three new hotels in Riyadh, Kingdom of Saudi …
Construction

CGC Kuwait submits lowest bid of $58.3m for a Project in UAE

May 14, 2023 Mohammad S
Combined Group Contracting (CGC), Kuwait announced in a statement that its subsidiary has submitted a lowest price for Project in United Arab Emirates. CGC has …
Transport

Oman Etihad Rail, Vale Signed MoU

May 13, 2023 Mohammad S
Oman and Etihad Rail Company, the developer and operator of the UAE-Oman Rail Network, has signed a Memorandum of Understanding (MoU) with Vale, to explore …
Power

Saudi Arabia, Netherlands signed MoU to collaborate on energy

May 13, 2023 Mohammad S
Saudi Arabia’s Minister of Energy announced in a statement that it has signed a memorandum of understanding (MoU) with Netherlands. Under the MoU, the two …
Power

EDF and ENGIE consortium reaches financial close on Abu Dhabi’s Road Lighting LED project

May 12, 2023 Mohammad S
The Abu Dhabi Investment Office (ADIO), in collaboration with the Department of Municipalities and Transport (DMT), today announced that Phase 2 of the emirate’s energy-efficient …
Construction

Oman Inaugurates Sohar Hospital Expansion

May 11, 2023 Mohammad S
The Ministry of Health today inaugurated the expansion project of Sohar Hospital to the tune of RO 28 million. The project increases capacity by 270 …

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Oil and Gas

Saudi Aramco and Shandong Energy collaborate on downstream projects in China

December 9, 2022
The Saudi Arabian Oil Company (Aramco), one of the world’s leading integrated energy and chemicals companies, and Shandong Energy Group, are exploring collaboration on integrated …
Construction

AECOM awarded consultancy services for Mall of Saudi project in Riyadh

May 31, 2021
UAE’s developer, Majid Al Futtaim, announced in a statement that it has awarded a contract to global infrastructure consulting firm AECOM to provide lead consultancy …
Power

SPECOIII announces the successful handover of Az-Zour Phase III Power Plant

December 29, 2020
SEPCOIII, the EPC of the Az-Zour South Phase-III Combined-Cycle Power Plant in Kuwait announced in a statement that, it has officially obtained its project handover …
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