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Home2023

Year: 2023

Oil and Gas

Hyundai E&C and Hyundai Engineering Signs $2.3 Billion Jafurah Phase 2 Contract

December 19, 2023 Mohammad S
Hyundai E&C and Hyundai Engineering, South Korea announced the award of a contract for the Phase 2 expansion project of the Jafurah Gas Field in …
Power

Oman inaugurates strategic project “Rabt” worth $475.3 million

December 18, 2023 Mohammad S
The official inauguration ceremony of phase one of the strategic project “Rabt” was held under the patronage of HH Sayyid Bilarab bin Haitham Al Said …
Power

UAE’s TAQA Signs MoU for Greece-Cyprus HVDC Interconnection Project

December 18, 2023 Mohammad S
Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utility companies in Europe, the Middle East and Africa, has signed a …
Manufacturing

Kings Aluminium commences construction of $204.2 million facility in UAE’s KEZAD

December 18, 2023 Mohammad S
Khalifa Economic Zones Abu Dhabi (KEZAD Group), the largest operator of integrated and purpose-built economic zones, and Kings Aluminium Industries today announced the commencement of …
Transport

EVIQ Launches R&D Facility for Electric Vehicle Chargers in Saudi Arabia

December 17, 2023 Mohammad S
EVIQ, the Electric Vehicle Infrastructure Company, a newly launched joint venture between the Public Investment Fund (PIF) and the Saudi Electricity Company (SEC), announced the …
Power

UAE’s ENEC, China National Nuclear Corporation sign MoUs to explore potential collaboration

December 16, 2023 Mohammad S
The Emirates Nuclear Energy Corporation (ENEC) has signed a new Memorandum of Understanding (MoU) with China National Nuclear Corporation (CNNC). The two organisations will collaborate …
Construction

China Nuclear Industry awarded Main works package for two clusters in DAMAC Lagoons

December 16, 2023 Mohammad S
Leading luxury real estate developer in the UAE, DAMAC Properties has announced that works are progressing for the main works package for two clusters in …
Qiddiya

Qiddiya announces the launch of the world’s first gaming & esports district

December 15, 2023 Mohammad S
QIDDIYA CITY will be home to the world’s first mixed-use gaming and esports district that will attract gamers from across the globe and cement Saudi …
Water

Oman’s Target LLC awarded Sultan Haitham City Water Supply Project

December 15, 2023 Mohammad S
Nama Water Services Company, Oman signed an agreement with Target LLC to implement works related to the project of water supply for Sultan Haitham City. …
Power

Marubeni Signs 52MW Rooftop Solar Project in Saudi Arabia

December 13, 2023 Mohammad S
Marubeni, through its wholly owned subsidiary AXIA POWER HOLDINGS B.V. (“Axia”), together with FAS ENERGY FOR TRADING COMPANY LLC (“FASE”) as a joint partner, signed …

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AI and Data Center

AlBawani Appointed as Main Contractor for Hexagon Data Center in Saudi Arabia

January 4, 2026
AlBawani has been appointed as the main contractor for the Hexagon Data Center, a landmark project set to become the world’s largest government data center …
Construction

UAE’s Arada awards Contracts over $735 million for Masaar 2

December 4, 2025
UAE’s Arada has awarded a comprehensive package of contracts worth AED2.7 billion to deliver Masaar 2, the forested megaproject located in the Rowdat district of …
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Spain’s Intecsa-Inarsa awarded contract to prevent flooding on Saudi Arabian railways

June 12, 2021
Spain’s Intecsa-Inarsa announced in a statement that it has been awarded a contract in Saudi Arabia for the design of corrective measures to prevent flooding …
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