Construction
NEOM secures SAR 10 billion Financing Facility
NEOM announced it has secured a new revolving credit facility (RCF) worth SAR 10 billion. It represents another milestone for NEOM as it progresses with …
Year: 2024
Oil and Gas
Aramco and China’s Rongsheng to explore new opportunities
Aramco, one of the world’s leading integrated energy and chemicals companies, is exploring the formation of a joint venture in the Saudi Aramco Jubail Refinery …
Construction
ROSHN launches ALDANAH Housing Project in Dhahran
ROSHN Group, the PIF-owned giga project, and Saudi Arabia’s most trusted real estate developer, launched ALDANAH, its sixth integrated community, second in the Eastern Province …
Oil and Gas
SEPCO Signs MGS gas booster station Contract with Aramco
Shandong Electric Power Construction (SEPCO) and Saudi Arabian Oil Company (Saudi Aramco) officially signed the EPC general contract for the third phase expansion project (second …
Construction
Spain’s Urbas awarded $267 million Housing Contract in Saudi Arabia
National Housing Co. (NHC) signed an agreement with Urbas Middle East Real Estate Company, a subsidiary of the Spanish company Urbas, to build 589 housing …
AMAALA
Jinko Solar awarded 250MW PV modules Supply contract for Amaala Project
Jinko Solar Co., Ltd. announced in a statement that is has awarded the PV Modules supply contract for the Amaala Project located in Saudi Arabia. …
Power
EDF, Masdar and Korean Western Power Consortium awarded 1.5GW Al Ajban Solar PV IPP
EWEC (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing and supply of water and electricity across the UAE, …
Power
Al-Ahleia awarded $196.6 million 400/132/11kV Substation Contracts in Kuwait
Public Authority for Housing Welfare (PAHW), Kuwait awarded two 400/132/11kV Substation Projects in the South Sabah Al-Ahmad residential project. The Projects was awarded to Kuwait …
Power
ACWA Power’s Subsidiary awarded $356 million Contract extension in Oman
ACWA Power, Saudi Arabia announces that its subsidiary, Barka Water and Power Company SAOG (BWPC) has received a letter of award from Nama Power and …
Construction
Siemens Mobility-Hassan Allam Construction awarded signaling contract for the UAE – Oman Railway Link
Siemens Mobility, together with its consortium partner Hassan Allam Construction, is honored to announce that it has been awarded the Abu Dhabi – Sohar Design …