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Home2025February

Month: February 2025

Power

Al Yamamah Steel awarded $46.6 million Contract from Hyundai E&C

February 25, 2025 Mohammad S
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 …
Construction

Hassan Allam’s subsidiary awarded Key Contract in King Abdullah Financial District

February 24, 2025 Mohammad S
Hassan Allam Holding announces that its subsidiary, Kortech, has been awarded two new additional packages for the MEP Enhancement Works at the King Abdullah Financial …
Power

Al-Babtain Power and Telecom awarded $165.8 million Steel Towers Supply Contract from SSEM

February 24, 2025 Mohammad S
Al-Babtain Power and Telecommunication Co., Saudi Arabia Announces that it has signed a contract with Saudi Service for Electromechanical Works company (SSEM). The value of …
Construction

Oman inaugurates $118.4million Wadi Al Jifnain Dam

February 24, 2025 Mohammad S
The Ministry of Agriculture, Fisheries and Water Resources , Oman celebrated the opening of Wadi Al Jifnain Dam in the Wilayat of A’Seeb. The ceremony was …
Construction

Drake and Scull awarded $275.1 million Contracts

February 24, 2025 Mohammad S
Drake and Scull International PJSC (DSI), specializing in contracting services for mechanical, electrical, and plumbing (MEP), as well as oil and gas, water and wastewater …
Manufacturing

Alghanim Industries Expands Saudi Arabia’s Industrial Export Power with New Kirby Facility

February 23, 2025 Mohammad S
Alghanim Industries, one of the MENA region’s largest privately owned companies, has broken ground on a new Kirby Building Systems pre-engineered building (PEB) and structural …
Oil and Gas

Oman’s Sohar Port, Freezone Launches Dredging Operations for Marsa LNG Project

February 23, 2025 Mohammad S
Oman’s SOHAR Port and Freezone has announced the commencement of dredging operations for the Marsa LNG project, a critical step in positioning SOHAR as the …
Power

Raissy awarded $35 million MAADEN BARRICK COPPER Co. 110/13.8kV Substation Project

February 23, 2025 Mohammad S
Raissy Trading & Contracting Co. Ltd., Saudi Arabia announces that it has awarded MAADEN BARRICK COPPER Co. 110/13.8kV Substation Project in Madinah Region. The value …
Construction

Dubai Awards $217.2 million Contract for Al Qudra Street Development Project

February 23, 2025 Mohammad S
Dubai’s Roads and Transport Authority (RTA) has awarded the contract for Al Qudra Street Development Project. The value of the contract is AED 798 million. …
Construction

The Avenues Riyadh: Alghanim International, Al-Ahmadiah awarded $301.6 million Phase 2 Towers

February 23, 2025 Mohammad S
Mabanee announces that its subsidiary in KSA, has signed two contracts for the construction of The Avenues Riyadh- phase2 “towers”. The combined value of the …

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Finance

ACWA Power, SEC and KEPCO Secures $3.4 billion Senior Debt Financing for 3.6GW Power Projects

August 8, 2025
ACWA Power, and Saudi Electricity Company (SEC) in collaboration with Korea Electric Power Corporation (KEPCO), announced the signing of senior debt financing documents for Rumah …
Construction

KBR awarded $46 million contract in Iraq

June 21, 2024
KBR announced that it has been awarded a five-year contract, with options, to support the Iraqi government’s visionary infrastructure and future energy ambitions, including the …
Power

Emerge and Coca-Cola Al Ahlia Beverages Signs 1.8MW Solar PV Plant

January 28, 2023
Emerge, a joint venture between the UAE’s Masdar and France’s EDF, has signed an agreement with Coca-Cola Al Ahlia Beverages, Coca-Cola’s bottler and distributor in …
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