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Home2023

Year: 2023

Power

Saudi’s Al Jomaih Energy and China Energy Signs MOU

June 22, 2023 Mohammad S
Al Jomaih Energy and Water Company (AEW) a leading Saudi developer of power and water assets, announce the successful signing of a strategic cooperation agreement …
Hydrogen

ENGIE and POSCO to develop a 1.2mtp Green Ammonia Project in Oman

June 22, 2023 Mohammad S
ENGIE, a global leader in low-carbon energy and services, together with POSCO, one of the world’s largest steel producers, have announced their spearheading role in …
Transport

Riyadh Air signs deal for 90 GEnx engines to power Boeing 787 Dreamliner Fleet

June 22, 2023 Mohammad S
Following its recent agreement for a wide-body order of 39 Boeing 787-9 Dreamliner aircraft, Riyadh Air has signed a deal for 90 GEnx-1B engines to …
Hydrogen

Oman Signed $10bn Agreements for Green Hydrogen Projects

June 22, 2023 Mohammad S
Eng Salim bin Nasser Al Aufi, Minister of Energy and Minerals (MEM) and Chairman of the Board of Directors of Hydrom, a subsidiary of Energy …
Construction

Saudi’s Knowledge Economic City awards $135m Contract for KEC Hub mall project

June 21, 2023 Mohammad S
Knowledge Economic City Company, Saudi Arabia announcing the signing of electromechanical and finishes works for the KEC Hub mall project, previously called (Wasat Almdinah). The …
NEOM

NEOM and Volocopter announced the successful completion of a series of air taxi test flights

June 21, 2023 Mohammad S
NEOM, the smart and sustainable regional development in northwest Saudi Arabia, and Volocopter, the pioneer of urban air mobility (UAM), announced today the successful completion …
Water

UAE’s TAQA to expand portfolio with acquisition of SWS Holding for AED1.7bn

June 21, 2023 Mohammad S
Abu Dhabi National Energy Company (TAQA) announced that it has entered into a definitive agreement to acquire Sustainable Water Solutions Holding Company (SWS Holding). Under …
Water

Alfanar, Veolia to Collaborate on Water and Wastewater Projects in Saudi Arabia

June 21, 2023 Mohammad S
Alfanar Project, Saudi Arabia announced in a statement that, on the sidelines of the French Saudi Investment Forum, Alfanar signed an MoU with Veolia Water …
Hydrogen

L&T awards 2.97 GWp trackers Contract to PVH for the world’s largest Green Hydrogen Plant at NEOM

June 21, 2023 Mohammad S
PVH, leading global supplier of solar trackers, announced in a statement that it has signed a significant contract with Larsen & Toubro (L&T) for the …
Power

Kuwait signed 6.8MWp Solar Energy Contract for Gas Factories at Um AlAish & Shuaiba

June 20, 2023 Mohammad S
Kuwait Oil Tanker Company (KOTC), announced in a statement that it has awarded Solar Energy Contract for Gas Factories at Um AlAish & Shuaiba. The …

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Finance

ADFD, ADEX sign loan agreements of $92m to finance water supply network project in Bahrain

July 17, 2022
Abu Dhabi Fund for Development (ADFD) and the Abu Dhabi Exports Office (ADEX) announced in a statement that it has signed two loan agreements with …
Power

L&T awarded New 380kV Substation Project in Saudi Arabia

February 7, 2024
Larsen & Toubro (L&T) announced in a statement that , the Power Transmission & Distribution (PT&D) business has won multiple orders in India and the …
Finance

UAE’s Barakah Nuclear Energy Plant achieves refinancing milestone

July 4, 2023
Barakah One Company PJSC (Barakah One) – a joint-venture of Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO) – has completed a …
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