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Home2023

Year: 2023

Mining

Saudi Arabia Invites Investors to Explore Mineral at Umm Hadid, Bir Umq and Jabal Sahabiyah Sites

July 20, 2023 Mohammad S
The Saudi Ministry of Industry and Mineral Resources has organized site visits for international and local qualified bidders in the fourth cycle of the licensing …
Power

ADNOC and JERA to cooperate in Clean Hydrogen and Ammonia Fields

July 20, 2023 Mohammad S
JERA Co., Inc. (JERA) has concluded a Strategic Collaboration Agreement (SCA) with ADNOC, related to cooperation in the clean hydrogen and ammonia fields. UAE has …
Hydrogen

PIF and JERA Sign an MOU for the Development of Green Hydrogen Projects

July 20, 2023 Mohammad S
JERA Co., Inc. (JERA) has signed a Memorandum of Understanding (MOU) with the Public Investment Fund. (PIF). The MoU will drive cooperation between the two …
Construction

UAE’s Arada launches Saro, seventh and final phase of Sharjah’s megaproject, Masaar

July 19, 2023 Mohammad S
Arada, UAE has launched Saro, the seventh and final phase of Masaar, the mega-residential woodland project in the Al Suyoh district of New Sharjah. The …
Oil and Gas

ADNOC Gas announces $7-9bn LNG Supply agreement with Indian Oil Corporation Ltd

July 19, 2023 Mohammad S
ADNOC Gas plc (ADNOC Gas), a world-class integrated gas processing company, announced a 14-year supply agreement with Indian Oil Corporation Ltd (IOCL) for the export …
Power

Aramco and OQ Technology Strengthen Ties with New Technology Connectivity MoU

July 19, 2023 Mohammad S
OQ Technology announces the signing of a new MoU with Aramco, further strengthening their existing collaboration and concentrating on automation and Satellite IoT connectivity for …
Hydrogen

UAE’s ADNOC to launch first high-speed hydrogen refueling station in Middle East

July 18, 2023 Mohammad S
ADNOC, UAE announced that it has begun construction on the Middle East’s first high-speed hydrogen refueling station. The station, which is being built in Masdar …
Oil and Gas

Aramco, TotalEnergies and SABIC complete MENA region’s first processing of oil from plastic waste to certified circular polymers

July 18, 2023 Mohammad S
Aramco, TotalEnergies, and SABIC have for the first time in the Middle East and North Africa successfully converted oil derived from plastic waste into ISCC+ …
Power

ACWA Power Signs MOU to allocate land for 10 GW wind project in Egypt

July 17, 2023 Mohammad S
ACWA Power, a Saudi-listed company and the world’s largest private water desalination company, the first mover into green hydrogen, and a leader in energy transition, …
Finance

Oman’s OQGN signs $1.2 billion financing agreements

July 17, 2023 Mohammad S
OQ Gas Networks (OQGN), Oman signed three financing agreements with 16 local and regional banks to the tune of USD 1.2 billion. Collectively, this financing …

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Construction

SAUDICO awarded the contract to build the Ritz Carlton Residences at Diriyah

February 10, 2024
Diriyah Company, Saudi Arabia annouces the awarding of the contract to build The Ritz Carlton Residences at Diriyah. The Contract was awarded to Saudi Constructioneers …
Press Releases

Hassan Allam Holding Acquires MetiPro, Metito’s Engineering and EPC Arm

April 16, 2026
Hassan Allam has agreed to acquire MetiPro, the engineering, procurement, and construction arm of Metito group. The acquisition forms part of the Group’s strategic efforts …
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Arada awards design and supervision contract for first phase of Masaar

September 26, 2021
UAE developer, Arada announced in a statement that it has awarded the design and supervision services contract for Sendian District, the first phase of the …
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