May 3, 2026
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Home2025January

Month: January 2025

Oil and Gas

Baker Hughes awarded New Contract in Saudi Arabia

January 31, 2025 Mohammad S
Baker Hughes announced that it has been awarded six gas compression trains and six propane compressors, for the third expansion phase of Aramco’s Jafurah gas …
Construction

L&T awarded Significant Contract in the Middle East

January 30, 2025 Mohammad S
L&T’s Minerals & Metals (M&M) vertical has secured a significant order for setting up freight handling facilities in the Gulf Cooperation Council (GCC) region. This …
Water

WABAG awarded $14 million Contract in Bahrain

January 29, 2025 Mohammad S
VA TECH WABAG (‘WABAG’), a leading pure-play water technology Multinational Group, continues to expand its presence in the Middle East region and strengthen its leadership …
Petrochemical

ThyssenKrupp Signs Contract for expansion of the chlor-alkali plant in Jubail

January 29, 2025 Mohammad S
Basic Chemical Industries Company (BCI), Saudi Arabia announces the signing of a contract for the expansion of the chlor-alkali plant in Jubail. The contract was …
Construction

PIF’s Baheej signs Investment Agreements with the Royal Commission for Yanbu

January 29, 2025 Mohammad S
ASFAR, the Saudi tourism investment company wholly owned by the Public Investment Fund of Saudi Arabia, has announced the signing of investment agreements between Baheej, …
Power

Penspen signs Renewable Energy-focused framework agreements in Saudi Arabia

January 29, 2025 Mohammad S
Penspen announces a positive finish to the fiscal year with $120 million awarded in new contracts during the second half of 2024, a 14% increase …
Hydrogen

ACWA Power, Snam Signs MOU for Green Hydrogen

January 28, 2025 Mohammad S
ACWA Power, Saudi Arabia, has signed a memorandum of understanding (MoU) with Snam to explore collaboration and joint investments to establish a supply chain of …
Press Releases

Matarat and Egis Honoured with the Global Project Excellence Award for Project Management Excellence

January 28, 2025 Mohammad S
Matarat Holding, in partnership with Egis, a global leader in architecture, consulting, construction engineering and mobility services, has been awarded the distinguished Project Management Office (PMO) …
Tourism

Saudi Arabia Railways and Arsenale Unveil the Final Designs of the “Dream of the Desert”

January 28, 2025 Mohammad S
Saudi Arabia Railways (SAR) and Italian luxury hospitality company Arsenale have officially unveiled the final designs of the Dream of the Desert train, the first …
Construction

Saudi Telecom Company (stc) signs $8.7 billion Contract

January 28, 2025 Mohammad S
Saudi Telecom Company (stc) announces the signing of contract with a Government entity related to telecommunications infrastructure services. The value of the contract is SAR …

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Oman signs agreement for future cities Design

March 14, 2023
The Ministry of Housing and Urban Planning today signed 7 agreements to assign the designing of layouts and future cities distributed over various governorates of …
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NEOM Green Hydrogen Company signs facility agreements

December 21, 2022
NEOM Green Hydrogen Company (NGHC), Saudi Arabia announced the signing of facility agreements with local, regional and international banks along-with execution of a commitment letter …
NEOM

NEOM and DSV forms $10 billion logistics joint venture

October 24, 2023
NEOM and DSV announce a US$10 billion exclusive logistics joint venture to support the development of the ambitious projects taking shape in NEOM, Saudi Arabia. …
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