December 23, 2025
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Home2023

Year: 2023

Transport

UAE’s AD Ports Group, Chinese CMEC GROUP sign MoU to establish strategic cooperative relationship

July 23, 2023 Mohammad S
AD Ports Group and China Machinery Engineering Group Corporation (CMEC GROUP), a state-owned key enterprise directly managed by the central government of China, have recently …
Construction

Alpha Dhabi, Limak Group Sign MoU to drive sustainable development in UAE and Türkiye

July 23, 2023 Mohammad S
Alpha Dhabi Holding, UAE has signed a Memorandum of Understanding (MoU) with Türkiye-based Limak Group to explore a range of business opportunities and joint ventures …
Manufacturing

EGA and Japan’s ITOCHU sign MoU on aluminium production growth

July 23, 2023 Mohammad S
Emirates Global Aluminium (EGA) and ITOCHU Corporation of Japan have signed a Memorandum of Understanding (MoU) to cooperate on aluminium production growth, decarbonisation, and the …
Oil and Gas

UAE collaborates with DNV to establish Maritime Decarbonisation Centre

July 23, 2023 Mohammad S
In a groundbreaking move that solidifies the UAE’s status as a global leader in sustainability and energy transition, the UAE Ministry of Energy and Infrastructure …
Construction

Tabreed Oman awarded Construction of the Central Cooling Plant for Innovation Park

July 23, 2023 Mohammad S
The Ministry of Higher Education, Research and Innovation, Oman signed a Strategic Partnership Agreement with Tabreed Oman SAOC (the leading operator of sustainable district cooling …
Hydrogen

ACME Group achieved financial closure of $488m for the first phase of Green Hydrogen Project in Oman

July 23, 2023 Mohammad S
Diversified renewable energy company ACME Group, India announced securing Rs 4,000 crore loan (USD 488 million) from one of the India’s largest green infrastructure financial …
Power

Dubai’s Waste to Energy facility Connects to Grid

July 23, 2023 Mohammad S
Hitachi Zosen Inova (HZI) and its joint venture partner BESIX (Belgium) have successfully delivered a further milestone for the Dubai Waste to Energy. As the …
Oil and Gas

Aramco completes $3.4bn purchase of China’s Rongsheng Petrochemical stake

July 21, 2023 Mohammad S
Aramco, one of the world’s leading integrated energy and chemicals companies, has successfully closed a landmark transaction to acquire a 10% interest in Rongsheng Petrochemical …
Oil and Gas

Robt. Stone awarded EPC Contract for Miscellaneous Works by ADNOC Onshore

July 21, 2023 Mohammad S
ROBT.STONE (ME) LLC, UAE announce that  it has been awarded with an EPC Contract “EPC for Miscellaneous Works at TPO” by ADNOC Onshore. The project …
NEOM

IHG Hotels & Resorts signed franchise agreement with NEOM

July 20, 2023 Mohammad S
IHG® Hotels & Resorts, one of the world’s leading hotel companies, with 6000 hotels across 18 brands, has signed a franchise agreement that will see …

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Power

Voltamp signed 500MVA Transformer deal

August 13, 2021
Voltamp Transformers Company, Oman announced in a statement that it has signed an agreement to manufacture and supply a 500MVA, 400kV transformer for Oman Electricity …
Petrochemical

Baker Hughes and Dussur Sign Agreement to Form a Chemicals JV in Saudi Arabia

March 30, 2022
Baker Hughes and Dussur, owned by the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco and SABIC (Saudi Basic Industries Corporation), have signed an agreement …
Construction

UAE’s Nakheel launches Tilal Al Furjan villas

January 26, 2022
UAE’s Master developer Nakheel announces the launch of Tilal Al Furjan, a new collection of 220 luxury four- and five-bedroom villas overlooking the Al Furjan …
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