Construction
Oman Lay Foundation Stone for $383.8 Million Cultural Complex
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 …
Year: 2024
Petrochemical
SABIC announces Final Investment Decision to develop $6.4 Billion Petrochemical complex in China
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
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
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
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
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
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
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
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
The Knowledge Economic City announces the signing of a contract through its subsidiary “Makarem Almaarifa Hospitality Ltd” with a consortium of three companies – “City …