December 19, 2025
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Home2024

Year: 2024

Construction

Oman Lay Foundation Stone for $383.8 Million Cultural Complex

January 21, 2024 Mohammad S
His Majesty Sultan Haitham bin Tarik today presided over a ceremony to lay the foundation stone of Oman Cultural Complex project and the building of …
Petrochemical

SABIC announces Final Investment Decision to develop $6.4 Billion Petrochemical complex in China

January 21, 2024 Mohammad S
Saudi Basic Industries Corporation (SABIC) announces the final investment decision (FID), enabling it to move forward with developing a world scale Petrochemical complex located in …
Power

Dubai commissions fourteen 132kV Substations at a cost of $408.4 million

January 21, 2024 Mohammad S
Dubai Electricity and Water Authority (DEWA) inaugurated fourteen new 132kV substations in 2023 with a conversion capacity of 2,100 megavolt amperes. DEWA also installed 120 …
Power

GE Vernova completes modernization of 4 gas turbines at Kuwait’s Sabiya power plant

January 20, 2024 Mohammad S
In a significant milestone for Kuwait’s power generation sector, the Ministry of Electricity, Water and Renewable Energy has announced the successful completion of the upgrades …
Construction

Webuild signs USD 4.7 billion contract in NEOM, Saudi Arabia

January 17, 2024 Mohammad S
Webuild announced in a statement that it has awarded a major contract for the Trojena mountain destination in NEOM, Saudi Arabia. The value of the …
Manufacturing

Emirates Steel Arkan signs $2 billion contract with Bahrain Steel Company

January 17, 2024 Mohammad S
Emirates Steel Arkan (ESA) has signed a five-year iron-ore pellets (IOP) supply contract with Bahrain Steel Company (BSC). The contract, valued at approximately $2 billion, …
Construction

L&T Oman awarded New Mixed-Use Development project

January 17, 2024 Mohammad S
Larsen & Toubro (L&T) announced in a statement that its Buildings & Factories (B&F) Business has secured orders in India & Oman. The L&T Oman …
Oil and Gas

Petroleum Development Oman inaugurates Greater Saqr Gathering Station

January 17, 2024 Mohammad S
Petroleum Development Oman (PDO) celebrated the official inauguration of the Greater Saqr Gathering Station at the Wilayat of Shalim and Halaniyyat Islands. The project is …
Manufacturing

Sinoma awarded Yamama Cement Production Line Upgrade Contract

January 17, 2024 Mohammad S
Sinoma announced in a statement that it has awarded Yamama Cement Production Line Upgrade Contract. The contract is for a full-scale upgrade of the cement …
Construction

Saudi’s Knowledge Economic City awards Central Cooling Plant

January 17, 2024 Mohammad S
The Knowledge Economic City announces the signing of a contract through its subsidiary “Makarem Almaarifa Hospitality Ltd” with a consortium of three companies – “City …

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Power

Oman Signs agreement to establish the second phase of the industrial waste treatment facility

August 15, 2024
The Oman Environmental Services Holding Company “be’ah” has signed an agreement with Tialoc and Al Ramooz National to establish the second phase of the industrial …
Transport

UAE’s AD Ports Group acquires 10 offshore vessels for around US$200 million

November 7, 2023
AD Ports Group (ADPORTS) announced the purchase of 10 offshore vessels that will bolster offshore operations in the Middle East and Southeast Asia. The investment …
AMAALA

AMAALA: Red Sea Global awards $6.13 billion Contracts to date

September 8, 2024
Red Sea Global (RSG), the developer behind the regenerative tourism destinations AMAALA and The Red Sea, continues to make substantial progress in the ongoing development …
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