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Home2023November

Month: November 2023

Construction

SAL, Mawani Signs Contract to Establish Logistics Park at Jeddah Islamic Port

November 17, 2023 Mohammad S
“SAL” Saudi Logistics Services has signed a contract to establish a logistics park at Jeddah Islamic Port, with a total area of 54,000 square meters, …
Power

Saudi’s Alfanar and GE establishes JV to develop renewable energy projects in Spain

November 16, 2023 Mohammad S
Alfanar Energia España (“Alfanar”) and GE Vernova’s Financial Services business have established a joint venture (“JV”) to develop renewable energy projects in Spain. The JV …
Construction

Saudi’s Built Industrial Co. awarded $72.8m Contracts

November 16, 2023 Mohammad S
Ladun Investment Co., Saudi Arabia Announces that one of its subsidiaries “Built Industrial Company” has awarded two Projects with Jazan City for Basic and Downstream …
Construction

Saudi Real Estate Co. awarded $76m Residential Complex Contract

November 16, 2023 Mohammad S
Saudi Real Estate Co. (Al-Akaria) announces the signing of a contract with M/s Saudi Real Estate Construction Company (Tamear), one of its fully owned subsidiaries …
Construction

Kuwait’s Mabanee to break ground on The Avenues Khobar

November 15, 2023 Mohammad S
Shomoul Holding Co. a subsidiary of Kuwait’s Mabanee Company announced in a statement that it will hold a ceremony to break ground on The Avenues …
NEOM

NEOM announces Epicon – its latest luxury coastal tourism destination

November 15, 2023 Mohammad S
NEOM, the sustainable regional development taking shape in northwest Saudi Arabia, announced Epicon, its latest luxury coastal tourism destination, including a residential offering. Located on …
Power

Elsewedy awarded 110kV Cable Project in Makkah

November 15, 2023 Mohammad S
Elsewedy Electric KSA announced in a statement that it has signed a contract with the Saudi Electricity Company (SEC) for a new turnkey underground cabling …
Oil and Gas

UAE’s NPCC awarded $1.82 billion Contracts from Aramco

November 15, 2023 Mohammad S
National Petroleum Construction Company (NPCC) (NMDC Energy) wholly owned by National Marine Dredging Company, UAE announced in a statement that it has received a letter …
Power

Al-Jomiah, EDF, Buhur Consortium Signs $3.9 billion CCGT IPP Projects

November 14, 2023 Mohammad S
Al-Jomiah Energy and Water, EDF, Buhur for investment Consortium signed Power Purchase Agreements (PPA’s) for Taiba-2 and Qassim-2 Combined Cycle Gas Turbines (CCGT) power plants. …
Power

Saudi Electricity Co., ACWA Power Signs $3.9 billion CCGT IPP Projects

November 14, 2023 Mohammad S
Saudi Electricity Company (SEC), ACWA Power Consortium announces the signing of the Power Purchase Agreements (PPAs) with the Saudi Power Procurement Company – Principal Buyer …

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