December 22, 2025
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Home2023

Year: 2023

Construction

Saudi Arabia launches “Ardara” with development of “AlWadi” in Abha as flagship project

October 16, 2023 Mohammad S
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, Chairman of the Public Investment Fund (PIF), announced today …
Oil and Gas

KCA Deutag awarded $200 million contracts in the Middle East and Latin America

October 16, 2023 Mohammad S
KCA Deutag, a leading drilling, engineering and technology partner, has continued to solidify its global presence with the award of $200 million of land drilling …
Oil and Gas

Lamprell awarded two EPCI projects

October 16, 2023 Mohammad S
Lamprell announce that it was awarded two Engineering, Procurement, Construction and Installation (EPCI) contracts to be delivered within the GCC. The scope of work for …
Construction

China Harbour Company awarded earthworks Contract for New Murabba

October 15, 2023 Mohammad S
New Murabba Development Company announced in a statement that it has signed with China Harbour Engineering Co. Ltd, an earthworks excavation contract for the first …
Finance

ACWA Power achieves Financial close for projects with a combined value of over US$14 billion

October 14, 2023 Mohammad S
Saudi-listed ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, has marked a monumental 12-month …
Construction

Saudi Arabia Launches Master Plan For New Abha International Airport

October 14, 2023 Mohammad S
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Council of Economic and Development Affairs, …
NEOM

NEOM Showcases Progress for October 2023

October 14, 2023 Mohammad S
NEOM announced in a statement that, the construction of NEOM is now well underway, with significant development achieved since the last progress film was shared …
Construction

Darwish Engineering awarded $326.7 million Contract from DAMAC

October 12, 2023 Mohammad S
DAMAC Properties, one of the leading luxury real estate developers in the Middle East, has awarded a contract worth AED 1.2 billion to Darwish Engineering …
Oil and Gas

Kent awarded PMC contract for New Gas Pipeline

October 11, 2023 Mohammad S
Kent announced in a statement that it has been appointed as the Project Management Consultant (PMC) related to a new pipeline in the Northern Emirates. …
Oil and Gas

QatarEnergy and TotalEnergies signed LNG agreements

October 11, 2023 Mohammad S
Affiliates of QatarEnergy and TotalEnergies signed two long-term LNG sale and purchase agreements (SPAs) for the supply of up to 3.5 million tons per annum …

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Samsung C&T Corporation signed a major engineering, procurement, and construction (EPC) contract for the expansion of the LNG storage and loading facilities located within Ras …
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