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Home2024December

Month: December 2024

Construction

Dar Global, Trump Organization announces $533.3 million Trump Tower Jeddah

December 18, 2024 Mohammad S
Dar Global, the London-listed luxury real estate developer, and the Trump Organization announce Trump Tower Jeddah, a SAR 2 billion, 47-floor architectural masterpiece along the …
Oil and Gas

Wood awarded $920 million Contracts in 2024 across the Middle East

December 18, 2024 Mohammad S
Wood announces that it has secured a record $920 million of strategic wins across the Middle East in 2024. The bumper number of contract wins …
Construction

Retal Urban Development Co awarded $93 million Contract

December 17, 2024 Mohammad S
Retal Urban Development Company, Saudi Arabia announces signing of a contract to construct residential units in Al-Fursan district located in Riyadh city. The value of …
Construction

Riyadh Development Company, FTG Development to Develop $933.3 million Projects

December 17, 2024 Mohammad S
Riyadh Development Company (ARDCO) announces the signing of an agreement to establish a real estate investment fund between Riyadh Development Company, the Sports Boulevard Company …
Construction

Diriyah Company awarded $202.2 million contract to China Harbour Engineering Company

December 17, 2024 Mohammad S
Diriyah Company, the dynamic mixed-use developer behind the transformation of Diriyah, The City of Earth, has awarded a SAR 758.5 Million ($202.2 million) contract to …
Construction

PIF’s Dan Company awards Construction Contract to Al-Tamimi

December 16, 2024 Mohammad S
Dan Company a PIF company specializing in agritourism, ecotourism, and adventure tourism, announced the signing of a contract with Abdulmohsen Al-Tamimi Contracting Company to develop …
Oil and Gas

ADNOC’s XRG, bp to launch new natural gas platform ‘Arcius Energy’

December 16, 2024 Mohammad S
XRG and bp announced they have reached financial close and completed the formation of their new joint venture (JV) and international natural gas platform – …
Power

UAE’s Drydocks World in partnership with GE Vernova awarded Ostwind 4 project in Germany

December 16, 2024 Mohammad S
Drydocks World, in partnership with GE Vernova, has secured a landmark project to build and install Ostwind 4, a two-gigawatt (GW) offshore wind grid connection …
Oil and Gas

ADNOC, EnBW Signs LNG Supply Agreement

December 16, 2024 Mohammad S
ADNOC announced that it has signed a third Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquefied natural gas (LNG) project, with Germany’s EnBW …
Transport

AD Ports Group inaugurates $845 million CMA Terminals Khalifa Port

December 15, 2024 Mohammad S
AD Ports Group (ADPORTS:ADX), an enabler of integrated trade, transport and logistics solutions, announced the inauguration of CMA Terminals Khalifa Port, a state-of-the-art, AED 3.1 …

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