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November 4, 2025
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  • [ November 3, 2025 ] Nass Contracting awarded Bahrain Marina Beachfront Facilities Contract Construction
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Home2024February

Month: February 2024

The Red Sea Dev.

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

February 11, 2024 SaudiGulf Projects

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 …

Construction

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

February 10, 2024 SaudiGulf Projects

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 …

Construction

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

February 10, 2024 SaudiGulf Projects

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 …

Tourism

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

February 10, 2024 SaudiGulf Projects

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 …

Manufacturing

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

February 10, 2024 SaudiGulf Projects

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 …

Oil and Gas

QatarEnergy selects Nakilat to own and operate conventional LNG vessels

February 10, 2024 SaudiGulf Projects

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 …

Power

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

February 9, 2024 SaudiGulf Projects

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 …

Power

Array Technologies,ALUPCO signs strategic partnership

February 8, 2024 SaudiGulf Projects

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 …

Oil and Gas

Arabian Drilling awarded $226.6 Million Land Rig Contracts from ARAMCO

February 8, 2024 SaudiGulf Projects

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) …

Construction

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

February 7, 2024 SaudiGulf Projects

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 …

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Water

Galfar awarded $303.8 million Water distribution networks Project

August 27, 2024

Galfar Engineering & Contracting SAOG, Oman announced in a statement that it has awarded a major contract to construct water distribution networks in the wilayats …

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PPP

Construction Begins on Saudi Arabia’s Al Rayes IWP

January 7, 2022

Global energy company ENGIE, together with water utility company Saudi Water Partnership Company (SWPC), Saudi-based contracting firm Nesma and private desalination company Mowah, announced in …

Construction

Saudi’s PIF signs MoU with Samsung C&T Corporation

January 24, 2023

Public Investment Fund (PIF), Saudi Arabia announced in a statement that it has signed an MoU with Samsung C&T Corporation Engineering & Construction Group . …

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