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Home2024February

Month: February 2024

Construction

Sinoma awarded $270.5 Million Eastern Province Cement Expansion Contract

February 29, 2024 Mohammad S
Eastern Province Cement Company, Saudi Arabia announces the signing of a contract for establishing a new production line in the company’s plant with a production …
Manufacturing

Siemens inaugurates New Production Factory in Jeddah

February 29, 2024 Mohammad S
Siemens announces the the inauguration of Modon Oasis Factory in Jeddah, Saudi Arabia H.E. Bandar Alkhorayef, Minister of Industry and Mineral Resources cut the ribbon …
Power

Egypt signs $40 Billion Worth MOUs for green hydrogen, renewable energy projects

February 29, 2024 Mohammad S
Egypt signed seven Memoranda of Understanding (MoUs) in green hydrogen and renewable energy with seven global developers with expected investments worth $41 billion over ten …
Construction

Hassan Allam’s Subsidiary awarded MEP Works for the Saudi’s New Tadawul Tower offices

February 29, 2024 Mohammad S
Hassan Allam Holding announces that its subsidiary Kortech has been awarded the complete Mechanical and Electrical works for the head quarters of one of the …
Construction

Mace to Project Manage Second Stage of Uptown Dubai district

February 29, 2024 Mohammad S
DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has appointed Mace, the global consultancy and …
Finance

ACWA POWER announces the signing of financing for the Hassyan IWP

February 29, 2024 Mohammad S
ACWA POWER Co. announces the signing of the financing documents for the 818,280 m3/day (180 Million Imperial Gallon per Day MIGD) Hassyan IWP plant in …
Construction

Zamil Steel awarded significant contract from Bahri Logistics Company

February 27, 2024 Mohammad S
Zamil Steel Pre-Engineered Buildings Company, a subsidiary of  Zamil Industrial, has been awarded a significant contract from Bahri Logistics Company for the construction of the …
Power

UAE’s Masdar Subsidiary breaks ground on two UK sites as part of £1 Billion BESS Investment

February 27, 2024 Mohammad S
Masdar Arlington Energy, a subsidiary of Abu Dhabi Future Energy Company PJSC – Masdar, has broken ground at the sites of two new battery energy …
Oil and Gas

Aramco signs $6 billion Procurement agreements

February 27, 2024 Mohammad S
Aramco, one of the world’s leading integrated energy and chemicals companies, advanced its strategic localization program by signing 40 corporate procurement agreements worth $6 billion …
Oil and Gas

Saudi’s Gas Arabian Services announces the receipt of LOIs for $202.8 million EPC contracts

February 27, 2024 Mohammad S
Gas Arabian Services Co. (GAS), Saudi Arabia announced in a statement that it has received two non-binding letters of intent (LOIs) from Saudi Aramco for …

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