February 2024 - Page 7 of 10 - SaudiGulf Projects

Red Sea Global Secures Financial Close on SAR 2 Billion Debt Financing with Riyad Bank

February 11, 2024 Mohammad S

Red Sea Global (RSG), the developer behind the regenerative tourism destinations The Red Sea and Amaala, has announced the successful completion of a SAR 2 …

Saudi’s KAFD Seals New Partnerships at PIF Private Sector Forum

February 10, 2024 Mohammad S

The King Abdullah Financial District Development and Management Company (KAFD DMC) announced a series of groundbreaking partnerships and collaborations at the second edition of the …

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

February 10, 2024 Mohammad S

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 …

Aseer Investment Company launches operations to drive investment in the Aseer region

February 10, 2024 Mohammad S

Aseer Investment Company (AIC) has launched operations to support the transformation of the Aseer region into a year-round destination with a focus on tourism, sports …

BENTELER is about to secure a multi-million investment for autonomous HOLON Mover

February 10, 2024 Mohammad S

TASARU Mobility Investments, a Saudi Arabian investment company specializing in automotive initiatives, intends to acquire a minority stake in the BENTELER subsidiary HOLON for a …

QatarEnergy selects Nakilat to own and operate conventional LNG vessels

February 10, 2024 Mohammad S

QatarEnergy announced that it has selected Qatar Gas Transport Company Limited (Nakilat) to be the owner and operator of up to 25 conventional-size LNG carriers …

Saudi Arabia announces Pre-Qualified Bidders for Round 5 Solar Projects with Total Capacity 3700 MW

February 9, 2024 Mohammad S

The Saudi Power Procurement Company (SPPC) has announced the Pre-Qualified Bidders for the fifth round of solar projects under the National Renewable Energy Program (NREP) which …

Array Technologies,ALUPCO signs strategic partnership

February 8, 2024 Mohammad S

Array Technologies, a global leader in utility-scale solar tracking solutions has signed its intent for a strategic partnership with Aluminum Products Company (ALUPCO®), a leading …

Arabian Drilling awarded $226.6 Million Land Rig Contracts from ARAMCO

February 8, 2024 Mohammad S

Arabian Drilling Company, Saudi Arabia, announces multiple contracts awards from Aramco for three (3) additional Land Rigs. The contracts’ firm terms durations (i.e., excluding options) …

UAE’s Aldar Awards Development Contracts Valued at Over AED 22 Billion in 2023

February 7, 2024 Mohammad S

Aldar Properties (“Aldar”) has announced the awarding of 49 contracts, totalling AED 22 billion, for a series of projects, including infrastructure, residential, commercial, and mixed-use …