Construction
Saudi’s Built Industrial Co. awarded $72.8m Contracts
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 …
Year: 2023
Construction
Saudi Real Estate Co. awarded $76m Residential Complex Contract
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
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
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
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
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
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
Saudi Electricity Company (SEC), ACWA Power Consortium announces the signing of the Power Purchase Agreements (PPAs) with the Saudi Power Procurement Company – Principal Buyer …
Press Releases
Egis Signs MOU with Saudi Arabia’s Air Navigation Services (SANS)
At the Dubai Airshow, NERA has signed a Memorandum of Understanding (MoU) with the international engineering firm, Egis. Egis will provide specialized expertise and know-how …
Construction
Emirates to build $950 million Engineering facility
Emirates, announced a massive US$950 million investment to build a new ultra-modern engineering facility at Dubai World Central (DWC). Spread over 1 million square metres, …