December 27, 2025
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Home2024

Year: 2024

AI and Data Center

Qatar: MEEZA signs a deal exceeding $27.4 million to deliver 1 megawatt Data Centre capacity

September 3, 2024 Mohammad S
MEEZA, Qatar’s leading managed IT services and data centres provider, has reached an agreement to deliver 1 megawatt capacity in its M-VAULT4 data centre to …
Press Releases

L&T carves out Renewable Business Vertical amid energy transition led growth in its Infrastructure Segment

September 2, 2024 Mohammad S
Effective 1st September 2024, Larsen & Toubro has carved out a separate business vertical for Renewable EPC out of its Power Transmission & Distribution business, …
NEOM

NEOM, Zannier Hotels to develop a new luxury eco-resort in Zardun

September 2, 2024 Mohammad S
Zannier Hotels, has announced a partnership with NEOM to develop a new luxury eco-resort in Zardun, one of Magna’s destinations located in the Northwest of …
Oil and Gas

Chemanol Signs Technical Licensing Agreement for MethylDiethanolamine

September 1, 2024 Mohammad S
Methanol Chemicals Company (Chemanol) announces that it has recently signed a Technical Licensing Agreement with a foreign company that owns the technology to produce MethylDiethanolamine …
Solar PV Image
Finance

ACWA Power signs $2.6 billion financing agreements for 5,500 MW solar PV Projects

September 1, 2024 Mohammad S
ACWA Power, Saudi Arabia announces that it has signed financing agreements for three major solar photovoltaic (PV) projects – Haden, Muwayh and Al Khushaybi – …
Oil and Gas

Oman Signs Concession Agreement to Expand Oil, Gas Exploration

September 1, 2024 Mohammad S
Ministry of Energy and Minerals, the Sultanate of Oman signed an agreement with Daleel Petroleum Company (the operator) to explore and develop Concession Area No. …
Power

Qatar announces to build 2,000 MW Solar Power Project

September 1, 2024 Mohammad S
QatarEnergy has announced that it will build a new solar power mega project that will more than double the State of Qatar’s solar energy production, …
Petrochemical

Qatar to build world-scale urea (fertilizer) Production Complex

September 1, 2024 Mohammad S
QatarEnergy has announced its decision to build a new, world-scale urea production complex that will more than double Qatar’s urea production, playing a pivotal role …
Construction

Saudi Real Estate Co. Subsidiary Binyah awarded $176 million Green Riyadh Project

September 1, 2024 Mohammad S
Saudi Real Estate Co. (Al-Akaria)  announces in a statement that its subsidiary Saudi Real Estate Infrastructure Company (Binyah) awarded a Project with Royal Commission for …
Construction

BESIX and ALBAWANI break ground for Aramco Stadium Project

August 30, 2024 Mohammad S
Joint venture partners BESIX and ALBAWANI announces that Construction of the stadium, a cutting-edge sports infrastructure project, has begun and aims to be completed in time …

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Power

Al Yamamah Steel awarded $31.7 million contract from L&T

November 1, 2024
Saudi Arabia’s Al Yamamah Steel Industries Co. announced in a statement that it has secured a new contract for the supply of steel towers from …
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Aldar, DP World to develop Grade A logistics park in Dubai

July 15, 2024
Aldar Properties and DP World have signed a strategic agreement where Aldar will fund and develop a 1.55 million sqft (144,000 sqm) Grade A logistics …
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Wison Engineering awarded Gas Processing Project from Saudi Aramco

February 24, 2021
Wison Engineering announced in a statement that it was awarded an engineering, procurement, construction (EPC) lump-sum contract for a gas processing project in Shaybah oil …
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