April 30, 2026
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Home2024August

Month: August 2024

Oil and Gas

Saudi Steel Pipe awarded SAR 138m supply contract from Aramco

August 5, 2024 Mohammad S
Saudi Steel Pipe Co. (SSP) announced in a statement, that it has secured the contract for supply of oil and gas steel pipes from Saudi Aramco. …
Oil and Gas

UAE: Emarat Al Oula Industries Secures $70.7 million Landmark Contract

August 3, 2024 Mohammad S
ASMEF/EAI management team is proud to announce that Emarat Al Oula Industries (EAI) has been awarded a significant contract by Marie Tecnimont Italy. This contract, …
Construction

Oman: DEME and OQ join forces with bp for HYPORT Duqm project

August 2, 2024 Mohammad S
DEME and OQ recently reached an agreement to have bp as an equity partner and operator in the HYPORT Duqm project. bp will acquire a …
Construction

UAE’s DAMAC Signs the Main Works Contract for DAMAC Harbour Lights

August 2, 2024 Mohammad S
DAMAC Properties announces the signing of a new contract with Modern Building Contracting Co. (MBCC), one of the leading construction companies in the UAE. This …
Manufacturing

Saudi’s MAKEEN, Hyundai Signs License Agreement for HiMSEN dual fuel engines

August 1, 2024 Mohammad S
In a significant step to strengthen industrial capabilities in the Kingdom, Saudi Engines Manufacturing Company (MAKEEN) and HD Hyundai Heavy Industries have signed a license …
Finance

Saudi’s PIF Signs MOU worth $50 billion with leading financial institutions

August 1, 2024 Mohammad S
PIF announced in a statement that it has signed six memorandums of understanding (MoUs) worth up to $50 billion with leading financial institutions. These MoUs …
Construction

Saudi’s MODON Signs Contracts Worth $266.6 million to Develop Industrial Cities

August 1, 2024 Mohammad S
The Saudi Authority for Industrial Cities and Technology Zones (MODON) has recently sealed nine substantial contracts with the private sector, totalling over SAR1 billion. These …
Construction

Parsons Awarded over $160 million Contracts in Saudi Arabia

August 1, 2024 Mohammad S
Parsons announces as part of Second Quarter results for 2024, that it has awarded new contracts in Saudi Arabia. The value of the contracts are …

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Power

Siemens submits the lowest bid of $15 million for 380kV Reactors project

September 28, 2020
Saudi Electricity Company (SEC) announces the bid results for the project  “Installation of 380kV reactors at Hail-3 Substation”. The Project location is in Hail, Central …
Construction

SAL and Sela Sign Agreement to Establish $1 billion SAL Logistics Zone in Riyadh

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SAL Logistics Services and Sela have signed an agreement to develop the SAL Logistics Zone in Falcons City, north of Riyadh, covering an area of …
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China State Construction awarded $241.2m Contract from UAE’s DAMAC Properties

February 7, 2023
DAMAC Properties, UAE announced in a statement that it has awarded China State Construction Engineering Corporation with the main works construction contract for its 71-storey …
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