Construction
Schindler awarded Supply Contract for The Avenues – Riyadh
Schindler Olayan announces that it will provide a total of 293 elevators, escalators, and moving walks to the new multi-purpose project The Avenues – Riyadh …
Month: August 2024
Power
Dubai commissions 558 11 kV distribution substations in H1 2024
Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), announced that the authority has commissioned 558 11 kV distribution substations …
Transport
Muscat Gas and Zerova Technologies announces Partnership for EV infrastructure
Zerova Technologies announces a groundbreaking partnership with Muscat Gas, aimed at accelerating the growth and development of electric vehicles (EVs) in the Sultanate of Oman. …
Oil and Gas
ADES signs $640 million Worth of Contracts with KOC
ADES Holding, Saudi Arabia announces in a statement that it completes the signing of the recent 6 onshore contract awards in Kuwait with Kuwait Oil …
Construction
Galfar awarded Civil Works Services Contract by Oxy
Galfar Engineering & Contracting SAOG, Oman announced in a statement that it has awarded a service contract “The provision of Civil Works Services for B53 & …
Finance
Bapco Energies Secures $500 million Financing from US EXIM Bank
Bapco Energies, Kingdom of Bahrain, announced the successful closing of a financial deal of US$ 500 million with the United States Export-Import Bank (US EXIM). …
Construction
Saudi’s Fakeeh Care awards SAR 150.5 million worth Contracts
Dr. Soliman Abdel Kader Fakeeh Hospital Co. (Fakeeh Care), Saudi Arabia announced plans to establish a new medical center facility, covering an area of 2,450 …
PPP
SWPC receives bids for Jubail – Buraydah IWTP
Saudi Water Partnership Company (SWPC) announces the receiving of private sector bids for Jubail – Buraydah Independent Water Transmission Pipeline (IWTP) Project. Following consortiums has …
Petrochemical
Sipchem awards $189 million ethylene-vinyl acetate production facility Project
SGC Engineering & Construction (E&C), South Korea, a specialist in design, procurement and construction (EPC), announces that it has signed a contract for a petrochemical …
Press Releases
Emaar recorded impressive growth of 56% in group property sales in H1 2024
Emaar Properties PJSC (DFM: EMAAR) has released its financial results for the first half of 2024, showcasing consistent resilient performance and operational efficiency across its …