Construction
Saudi Real Estate Co. awarded $51.2 million Construction Contract
Saudi Real Estate Co. announces the signing of a contract for the execution of the residential complex (Fai Sedra 1) in Sedra neighborhood – Roshn …
Year: 2023
Finance
Mabanee’s Subsidiary Secures SAR 4.35 billion Financing Facilities for Avenues Khobar
Kuwait’s Mabanee Company announced in a statement that it’s Subsidiary in Saudi Arabia signs fianancing facilies for The Avenues Khobar project. The Company stated that …
Oil and Gas
ADNOC signs long-term LNG Heads of Agreement with ENN LNG, Singapore
ADNOC announced the signing of a 15-year Heads of Agreement (LNG agreement) with ENN LNG (Singapore) Pte. Ltd., a wholly-owned subsidiary of ENN Natural Gas …
Power
Siemens awareded a Pilot Project from SEC
Siemens announced in a statement that it has awarded a pilot project to replace sulfur hexafluoride (SF6) gas in medium-voltage switchgear with climate-neutral clean air. …
Construction
Saudi’s Binyah awarded $192.5 million Contract from Diriyah Gate Development Authority
Saudi Real Estate Co.’s (Al Akaria) subsidiary, Saudi Real Estate Infrastructure Co. (Binyah), announced in a statement that it has awarded excavation works related Contract …
Hydrogen
ACWA Power signs agreement to develop Green Hydrogen Project in Egypt
Saudi-listed ACWA Power, announced in a statement that it has signed the framework agreement, following the MoU that was signed in 7th of December 2022 …
Construction
AtkinsRéalis awarded New Murabba Masterplan Contract
The New Murabba Development Company (NMDC), a fully-owned subsidiary of the Public Investment Fund (PIF), Saudi Arabia, has appointed AtkinsRéalis, a fully integrated professional services …
Power
ACWA Power Signs PPA for hybrid dispatchable renewable Energy Project in South Africa
Saudi-listed ACWA Power, the world’s largest private water desalination company and a leader in energy transition and first mover into green hydrogen; lead shareholder and …
Power
UAE’s ENEC announces completion of Unit 4 of Barakah Nuclear Energy Plant
The Emirates Nuclear Energy Corporation (ENEC) announced today that its operating and maintenance subsidiary, Nawah Energy Company, has completed the process of loading fuel assemblies …
Power
Aldar Properties awards 34MW Solar Power Contract to Yellow Door Energy
Aldar Properties PJSC (“Aldar”) has partnered with Yellow Door Energy, a leading sustainable energy organisation, to bring solar power to 45 properties across the UAE, …