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Home2023

Year: 2023

Power

UAE’s ADNOC, Tabreed advance first project in the region to harness geothermal energy

August 14, 2023 Mohammad S
ADNOC and the National Central Cooling Company (Tabreed), announced a breakthrough in the first project in the Gulf region to harness geothermal energy following the …
Oil and Gas

Oman LNG Signs a Binding Term-sheet Agreement with German Company

August 14, 2023 Mohammad S
Oman LNG announced the signing of a binding term-sheet agreement with SEFE Secure Energy for Europe (SEFE) to supply 0.4 million metric tonnes per annum …
Image Courtesy: Etihad Rail
Transport

Oman and Etihad Rail invite bids for freight facilities, depot and passenger stations

August 13, 2023 Mohammad S
The Oman and Etihad Rail Company, the developer and operator of the railway network connecting Oman and UAE, has invited specialized contractors to apply for …
The Red Sea Dev.

Red Sea Global, Zain KSA to launch the world’s first zero-carbon 5G network

August 13, 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, and Zain KSA, leading telecom …
Water

Saudi’s NWC executes $1.3 billion Water Projects in Eastern Province

August 13, 2023 Mohammad S
The National Water Company (NWC), Saudi Arabia is making steady progress on its program for improving the quality of water in the Eastern Province. Currently, …
Power

Al Gihaz awarded $198.3m 380kV Substation in NEOM

August 13, 2023 Mohammad S
Saudi Electricity Company (SEC) awarded the project, Construction of NEOM Mountain 380/132kV Substation. The Project location is in NEOM Saudi Arabia. The Project has been …
Construction

Parsons awarded $93m Contract in Saudi Arabia

August 13, 2023 Mohammad S
Global engineering firm, Parsons announced in a statement as part of second quarter 2023 results, it has awarded a new contract in Saudi Arabia. The …
Power

Masdar named as preferred bidder for 1,800MW sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park

August 13, 2023 Mohammad S
Dubai Electricity and Water Authority PJSC (DEWA), today announced that the Abu Dhabi Future Energy Company PJSC –Masdar is the Preferred Bidder to build and …
Power

Projects awarded during July 2023 in Gulf Countries

August 13, 2023 Mohammad S
Following are the major projects awarded during the month of July 2023 across Gulf countries. The projects covers the Power, Water, Construction, Petrochemical, Transport and …
Construction

Elite Signature Awarded NEOM Construction Villages Project

August 11, 2023 Mohammad S
Elite Signature Contracting, Saudi Arabia announced that it has awarded NEOM & Sharma Construction Villages Project NEOM, the visionary city in Saudi Arabia, is collaborating …

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Construction

Seven Tides appoints Dhabi Contracting to complete Golf Views Seven City JLT project

November 15, 2022
UAE-headquartered upscale residential, hospitality and commercial property developer Seven Tides has appointed UAE-based Dhabi Contracting as the main building contractor to complete the construction of …
Finance

Oman’s Be’ah Signs $132million Financing Agreement with Ahli Islamic Bank

February 20, 2025
Oman Environmental Services Holding Company (Be’ah) signed a financing agreement with Ahli Islamic Bank to implement the second phase of the industrial waste treatment facility …
Construction

Equinox Hotels and NEOM Announce Equinox Resort Treyam in Magna

July 27, 2024
Equinox Hotels, a revolutionary leader in high-performance luxury hospitality, is proud to announce plans for the opening of Equinox Resort Treyam, one of Magna’s twelve …
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