March 19, 2026
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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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UAE’s Aldar, Mubadala to develop new commercial assets

March 31, 2023
Aldar Properties and Mubadala Investment Company have signed heads of terms to develop commercial assets in Al Maryah Island, Abu Dhabi, which will be located …
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UAE’s NMDC Group Awarded AED 157 million Dredging and Reclamation Works Contract

January 28, 2026
UAE’s NMDC Group PJSC has announced that it has been awarded a significant contract by the Department of Municipalities & Transport (DMT) for the execution …
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Aramco completes acquisition of 40% stake in Pakistan’s Gas & Oil

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