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Home2023December

Month: December 2023

Power

UAE and Kazakhstan sign agreements to develop 1GW of renewables capacity

December 5, 2023 Mohammad S
The UAE and Kazakhstan signed an agreement outlining a commitment to cooperation in the development of Kazakhstan’s renewables sector, including through the development of a …
Water

Amiantit, SISCO JV Tawzea signs $62.3m Contracts

December 5, 2023 Mohammad S
Saudi Arabian Amiantit Co. and Saudi Industrial Services Co. (SISCO) joint venture International Water Distribution Co. (Tawzea) announced the signing of two projects by the …
Hydrogen

Masdar, Iberdrola signs agreement to co-invest up to €15bn in offshore wind, green hydrogen projects

December 5, 2023 Mohammad S
Global green energy giants Iberdrola and Masdar announced today, at the UN Climate Change Conference (COP28) in Dubai, a €15 billion strategic partnership agreement to …
Power

HD Hyundai awarded $72 million Electrical Equipment Supply Contract in Saudi Arabia

December 5, 2023 Mohammad S
HD Hyundai Electric Co., South Korea announced in a statement that it has has awarded a 94.3 billion won ($72.3 million) deal to supply Electrical …
Hydrogen

UAE’s ADNOC and SOCAR to Collaborate on Hydrogen, Carbon Management and Geothermal Technologies

December 5, 2023 Mohammad S
ADNOC and the State Oil Company of Azerbaijan Republic (SOCAR) announced, the signing of a strategic collaboration agreement (SCA) that sets out their intention to …
Construction

ROSHN, Ajdan to develop 302 residential units of SEDRA community in Riyadh

December 4, 2023 Mohammad S
ROSHN Group, Saudi Arabia’s leading national real estate developer and PIF-owned giga-project, has signed a new sale and purchase agreement with renowned Saudi real estate …
Power

Masdar and EDF to develop up to 3.6GW of Hydropower and Renewable Projects in Kyrgyzstan

December 4, 2023 Mohammad S
Abu Dhabi Future Energy Company PJSC (Masdar), the UAE’s clean energy powerhouse, and EDF have signed an agreement with the Ministry of Energy of the …
Power

NESMA awarded $347 million Substation Contracts

December 4, 2023 Mohammad S
Nesma Infrastructure and Technology (NIT), Saudi Arabia annouced in a statement that it has signed a major strategic package with the Saudi Electricity Company (SEC). …
Power

Masdar to Develop 150MWac Solar Plant in Angola

December 3, 2023 Mohammad S
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has announced plans to develop a major 150 megawatt …
Power

UAE’s Masdar and PLN Advance Plans to Develop World’s Largest Floating Solar Plant in Indonesia

December 3, 2023 Mohammad S
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has signed agreements to collaborate with Indonesia’s state-owned utility …

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Construction

Saudi’s Retal Urban Development Co. Signs Agreement for $246m Housing units

November 21, 2023
Retal Urban Development Company, Saudi Arabia announces the signing of sub-development agreements to devlop 1169 residential units in Riyadh and Jeddah City. The agrements was …
Construction

Saudi Arabia Announces the Opening of the First Phase of the Sports Boulevard Project in Riyadh

February 27, 2025
Saudi Arabia has announced the opening of the first phase of the Sports Boulevard project in Riyadh. This milestone includes five key destinations: Wadi Hanifah, the …
NEOM

NEOM announces its latest ecotourism destination, Zardun

January 24, 2024
Luxury ecotourism in Saudi Arabia has taken a major step forward with the announcement of Zardun, an exclusive sanctuary resort developed by NEOM, the sustainable …
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