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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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Construction

Abu Dhabi inaugurates AED1.1 billion Al Wathba housing project

November 22, 2023
Under the directives of the President of the UAE, His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Khaled bin Mohamed bin Zayed …
Oil and Gas

UAE’s ADNOC Drilling Awarded $1.63 Billion Contract

April 17, 2025
ADNOC Drilling Company PJSC, UAE announced that it has received a letter of award for a $1.63 billion, five-year contract for Integrated Drilling Services (IDS) …
Oil and Gas

Kuwait’s HEISCO awarded $300 million refinery maintenance Contract

July 17, 2023
Heavy Engineering Industries & Shipbuilding Co. (HEISCO), Kuwait announced in a statement that it has received a letter of award for Mechanical Maintenance Services from …
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