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Home2023

Year: 2023

Construction

Saudi’s Al-Akaria Signs MOU with Royal Commission for AlUla

October 25, 2023 Mohammad S
Saudi Real Estate Co. (“Al-Akaria”) announced in a statement that it has executed a Memorandum of Understanding (MOU) with the Royal Commission for AlUla and …
Power

Saudi Arabia Announces Winning Bidders for Taiba-1, Taiba-2, Qassim-1, and Qassim-2 Conventional IPPs Projects

October 25, 2023 Mohammad S
The Saudi Power Procurement Company (SPPC) announced the winning bidders for the Taiba-1, Taiba-2, Qassim-1, and Qassim-2 Conventional IPPs projects. These Conventional IPP projects are …
Press Releases

SYSTRA inaugurates its new headquarters in Riyadh, Saudi Arabia

October 24, 2023 Mohammad S
SYSTRA, the French engineering and consultancy group specialising in public transportation and infrastructure, which has been present in Saudi Arabia since 2003, announces the inauguration …
The Red Sea Dev.

Red Sea Global and Kingdom Holding signs a 2bn SR Joint Venture

October 24, 2023 Mohammad S
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has announced the successful completion …
Transport

Royal Commission for AlUla and Alstom Signed Agreement for Experiential Tram

October 24, 2023 Mohammad S
At the seventh annual Future Investment Initiative (FII) in Riyadh, the Royal Commission for AlUla (RCU) shared the progress of its ambitious AlUla Experiential Tramway …
Oil and Gas

Kuwait’s HOT Engineering awarded Mina Abdullah refinery Maintenance Contract

October 24, 2023 Mohammad S
Kuwait’s HOT Engineering And Construction Co., a reputable contractor and a subsidiary of Tripple-E Holding, announced that it has received an award letter from Kuwait …
Hydrogen

NEOM’s ENOWA and Aramco to develop first-of-its-kind e-fuel demonstration plant

October 24, 2023 Mohammad S
Aramco, a global integrated energy and chemicals company, and ENOWA, NEOM’s energy and water company, have signed a joint development agreement to construct and establish …
NEOM

NEOM and DSV forms $10 billion logistics joint venture

October 24, 2023 Mohammad S
NEOM and DSV announce a US$10 billion exclusive logistics joint venture to support the development of the ambitious projects taking shape in NEOM, Saudi Arabia. …
Hydrogen

Firms Signed MOU to Foster Hydrogen Mobility Ecosystem in Saudi Arabia

October 23, 2023 Mohammad S
Hyundai Motor Company signed a memorandum of understanding (MOU) with Korea Automotive Technology Institute (KATECH), Air Products Qudra (APQ) and the Saudi Public Transport Company …
Oil and Gas

CGC Kuwait Signs $144.2m KOC Contract

October 23, 2023 Mohammad S
Combined Group Contracting (CGC), Kuwait announces in a statement that it has signed the contract for a Services project issued by Kuwait Oil Company (KOC). The …

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Power

Al-Ahleia awarded $50.2m 400/132/11kV Substation Contract in Kuwait

December 24, 2021
Public Authority for Housing Welfare (PAHW), Kuwait awarded the project,  construction of 400/132/11kV Substation in Al Mutlaa residential Project. The Project has been awarded to …
Construction

Saudi Real Estate Co. awarded $203.6 million Contracts

October 16, 2025
Saudi Real Estate Co. (Al-Akaria) announces that it has awarded two Construction Projects in Riyadh. The combined value of the contracts is SAR 763.78 million. …
Power

L&T awarded 380kV Substation Project in Saudi Arabia

March 27, 2023
The Power Transmission & Distribution Business of Larsen & Toubro (L&T) announced in a statement that it has secured EPC orders in India and overseas. …
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