March 18, 2026
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Home2024

Year: 2024

Construction

Saudi’s PIF Establishes sarcc Company to Address Growing Staff Accommodation Demand

October 20, 2024 Mohammad S
PIF, Saudi Arabia announces the establishment of the Smart Accommodation for Residential Complexes Company (sarcc), a new property developer and operator of housing for staff …
Oil and Gas

SLB awarded New Contracts in GCC

October 19, 2024 Mohammad S
SLB, USA announced the awarding of contracts across Gulf Countries as part of its Third-Quarter 2024 Results. The company continues to win new contract awards …
Construction

Kuwait’s Combined Group awarded $40.2 million Contract in Saudi Arabia

October 19, 2024 Mohammad S
Combined Group Contracting (CGC), Kuwait announced in a statement that it’s branch in Saudi Arabia has awarded Civil Works contract. The value of the contract …
Water

Carlo Gavazzi awarded Mechanical Erection Works at Zuluf Water Treatment Facility

October 18, 2024 Mohammad S
Italian EPC contractor Fisia Italiampianti S.p.A. has awarded Carlo Gavazzi, a contract for the Mechanical Erection Works at the Zuluf Water Treatment Facility, located 240 …
Finance

ACCIONA secures €300 million in sustainable financing for projects in GCC

October 18, 2024 Mohammad S
ACCIONA, announced in a statement that it has secured new sustainable financing worth €300 million to fund key projects aimed at reducing carbon emissions and …
Oil and Gas

UAE’s ADNOC, AIQ accelerate deployment of industry-first AR360 AI solution

October 18, 2024 Mohammad S
ADNOC announced the deployment of AIQ’s Advanced Reservoir 360 (AR360) solution on more than 30 reservoirs across ADNOC’s upstream operations, following the solution’s successful initial …
Manufacturing

UAE: Schneider Electric launches new manufacturing facility

October 18, 2024 Mohammad S
Schneider Electric, has announced a new manufacturing facility in the Hamriyah Free Zone that aims to offer AI-ready data centre solutions to cater to the …
Power

Arctech awarded 2.3 GW Haden Solar PV Supply deal

October 18, 2024 Mohammad S
Arctech announced in a statement that it has signed a 2.3 GW supply deal for its signature 1P single-axis solartracking system SkyLineII with China Energy …
Construction

Qatari Diar Unveils Exclusive Waterfront Townhouses at The Seef Lusail

October 17, 2024 Mohammad S
Qatari Diar Real Estate Investment Company announced the launch of exclusive upscale waterfront townhouses at The Seef in Downtown Lusail, offering exceptional investment opportunities with …
PPP

Saudi Arabia announces Preferred Bidder for Ras Mohaisen IWP

October 17, 2024 Mohammad S
Saudi Water Partnership Company (SWPC) announces the Preferred and reserve Bidders for the development of Ras Mohaisen Independent Water Plant (IWP). SWPC announces that the …

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Construction

China State Construction awarded over $272 million Contract in UAE

January 27, 2025
Meraas, a member of Dubai Holding Real Estate, has awarded a construction contract worth over AED1 billion to China State Construction Engineering Corporation (Middle East) …
Petrochemical

Samsung Engineering awarded FEED contract for Saudi Petrochemical Project

September 27, 2023
Samsung Engineering, announced in a statement that it has received the NoA (Notice of Award) for the FEED (Front End Engineering Design) contract of a …
Oil and Gas

Eni, ADNOC sign MOU to explore new opportunities in decarbonization

March 5, 2023
Claudio Descalzi, Eni Chief Executive Officer, and his Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director …
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