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Home2023

Year: 2023

Construction

Parsons awarded PMC Contract for a Mega Project in Saudi Arabia

February 3, 2023 Mohammad S
Parsons Corporation announced in a statement that the company was selected by the Rua Al-Madinah Holding Company (RAM-H) to provide construction project management consultancy and …
Construction

SPARK and SeAH GSI Break Ground on $240m Seamless Stainless Steel Tube Production Facility

February 2, 2023 Mohammad S
King Salman Energy Park (SPARK), the leading energy industrial ecosystem, celebrated the groundbreaking of SeAH Gulf Special Steel Industries’ (SeAH GSI) new production facility. SeAH …
Oil and Gas

UAE’s ADNOC signs agreements worth $4.63 Billion for local manufacturing opportunities

February 2, 2023 Mohammad S
ADNOC, UAE announced in a statement that it has signed agreements with 23 UAE and international companies for local manufacturing opportunities across a wide range …
Power

GCC Electrical Testing Laboratories signed MoU with Voltamp Power SAOC, Oman

February 2, 2023 Mohammad S
Voltamp Power SAOC (Voltamp Energy SAOG), Oman announced in a statement that it has signed a Memorandum of Understanding (MoU) with GCC Electrical Testing Laboratories …
Construction

Parsons appointed as a delivery partner for NEOM’s THE LINE

February 2, 2023 Mohammad S
Parsons Corporation announced in a statement that the company was appointed as a delivery partner for THE LINE, the centerpiece project for NEOM – the …
Power

McDermott and Eunice Energy Group to Collaborate on Egypt-Greece 2GW Power Interconnection Project

February 1, 2023 Mohammad S
McDermott and Eunice Energy Group announce the signing of a memorandum of understanding (MoU) for cooperation on the two-gigawatt (2 GW) electrical interconnection between Greece …
Mining

Worley and JESA announces the Award of Phosphate Project in Saudi Arabia

February 1, 2023 Mohammad S
Worley announced in a statement that, Saudi Arabian Mining Company (Ma’aden) has issued a Notice of Award to Worley and JESA International S.A. (JESA) to …
Construction

PIF and AeroFarms Sign JV Agreement to Build Indoor Vertical Farms in Saudi Arabia and MENA

February 1, 2023 Mohammad S
The Public Investment Fund (“PIF”), Saudi Arabia announced in a statement that it has signed a joint venture agreement with AeroFarms, a US-based commercial market …
Water

Oman Inaugurates $226m Rima Water Treatment Plant

February 1, 2023 Mohammad S
The Petroleum Development Oman (PDO) celebrated today the inauguration of its second nature-based project, Rima Water Treatment Plant. The project, valued at RO 87 million, …
Oil and Gas

Maha Energy enters into a Joint Operating Agreement for Block 70 in Oman

January 31, 2023 Mohammad S
Maha Energy AB, through its wholly-owned subsidiary Maha Energy (Oman) Ltd. and Mafraq Energy LLC (“Mafraq Energy”) have entered into a Joint Operating Agreement (“JOA”) …

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Construction

Sharjah’s Alef Group launches $435.6mn Zone 3, Al Mamsha Raseel project

July 24, 2022
Sharjah real estate developer, the Alef Group, has launched Zone 3 in its Al Mamsha Sharjah development at a value of AED1.6 billion. The AED …
Transport

Riyadh Air announces order of up to 50 Airbus aircraft

June 16, 2025
Riyadh Air, the new national carrier of the Kingdom of Saudi Arabia, announced an order for up to 50 Airbus A350-1000 aircraft at the 55th …
Power

Kuwait appoints Consultancy firm for Al-Dabdaba Power and Shagaya Renewable Energy project

August 22, 2022
The Kuwait Authority for Partnership Projects (KAPP) announced in a statement that it has signed a contract to provide consultancy services for Al-Dabdaba Power and …
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