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Home2024February

Month: February 2024

Power

TAQA, KAUST Starts Studies for Geothermal Energy Potential in Saudi Arabia

February 20, 2024 Mohammad S
TAQA GEOTHERMAL, Saudi Arabia announced in a statement that, KAUST (King Abdullah University of Science and Technology) and TAQA GEOTHERMAL break ground shallow well to …
Transport

UAE’s Drydocks World, HD Hyundai Signs MOU

February 19, 2024 Mohammad S
Drydocks World, UAE announces the signing of a Memorandum of Understanding (MoU) with HD Hyundai Marine Solution Tech (HMST), a subsidiary of HD Hyundai Marine …
Oil and Gas

Saudi Arabia’s PIF invests in Zamil Offshore

February 19, 2024 Mohammad S
The Public Investment Fund (PIF) has announced the completion of its investment in Zamil Offshore Services Company (Zamil Offshore), one of the largest Saudi-based offshore …
Manufacturing

KEZAD Group, APT signs lease agreement for automotive aluminium component manufacturing plant

February 19, 2024 Mohammad S
Khalifa Economic Zones Abu Dhabi (KEZAD Group), the largest operator of integrated and purpose-built economic zones, and Al Ghurair Group subsidiary Automotive Precision Technology (APT) …
Manufacturing

UAE’s DP World breaks ground on AED550 million ‘Agri Terminals’ facility

February 19, 2024 Mohammad S
DP World celebrated the groundbreaking of its new Agri Terminals facility at Jebel Ali Port today, marking the start of a transformative journey to bolster …
Petrochemical

SABIC and Fujian Petrochemical held Groundbreaking ceremony for $6.4 Billion Project in China

February 19, 2024 Mohammad S
A joint venture between SABIC and Fujian Energy and Petrochemical Group Co. Ltd. (Fujian Energy Petrochemical) held a groundbreaking ceremony to mark the start of …
Manufacturing

Al Sharif Group, Voltamp Energy to build Transformers manufacturing facility in Saudi Arabia

February 19, 2024 Mohammad S
AlSharif Group Holding (ASG), Saudi Arabia announced in a statement that, it has inked a new joint venture with Voltamp Energy, a leading transformers manufacturer …
Petrochemical

Qatar Lays the foundation stone for the Ras Laffan Petrochemical Complex

February 19, 2024 Mohammad S
His Highness Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar, laid the foundation stone for the Ras Laffan Petrochemical Complex, one …
Construction

Saudi’s ROSHN breaks ground on MARAFY – An Iconic Lifestyle Destination in Jeddah

February 18, 2024 Mohammad S
ROSHN Group, Saudi Arabia’s leading real estate developer and PIF-owned giga-project, opens a new chapter for Jeddah’s development with the ground-breaking of MARAFY. This unique …
Tourism

Cenomi Centers host the Grand Opening of U Walk Jeddah

February 18, 2024 Mohammad S
Cenomi Centers, the largest owner, operator and developer of contemporary lifestyle centers in Saudi Arabia, is delighted to host the Grand Opening of U Walk …

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Manufacturing

Riyadh Cement awards $15.8 million Natural Gas Conversion Project

January 1, 2026
Riyadh Cement Co. Announces that it has signed EPC contract for the conversion to natural gas under the Liquid Fuel Displacement Program. The value of …
Construction

Kuwait signed an agreement of $163m for Jaber Al Ahmad residential city

September 24, 2020
The Public Authority for Housing Welfare (PAHW), Kuwait signed an agreement with consortia of Saudi-Kuwait based companies, for the development of Jaber Al Ahmad residential …
Construction

Royal Commission for Riyadh City awards road development Contracts over $3.4 billion

August 15, 2024
The Royal Commission for Riyadh City (RCRC) announced commencing the implementation of a program to develop ring roads and main roads in Riyadh city. It …
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