May 3, 2026
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Home2025February

Month: February 2025

Power

Hyundai E&C awarded $389 million OHTL Contracts in Saudi Arabia

February 17, 2025 Mohammad S
Hyundai Engineering & Construction Co. (E&C), South Korea announces that it has awarded new 380kV Overhead Transmission line (OHTL) Contracts in Saudi Arabia. The combined …
Mining

Construction Works Starts on $7.4 billion Ma’aden’s Phosphate 3 project

February 17, 2025 Mohammad S
Governor of the Northern Borders Region Prince Faisal bin Khalid bin Sultan bin Abdulaziz has inaugurated several development and investment projects in Wa’ad Al Shamal …
Construction

Oman Announced Tender for Dry Port Construction for Economic Zone at Al Dhahirah

February 17, 2025 Mohammad S
The Public Authority for Special Economic Zones and Free Zones (OPAZ), Oman announced the launch of the third package tender for the development of Economic …
Manufacturing

Oman Signs MOU to Develop Advanced Artificial Intelligence Semiconductor Chips

February 17, 2025 Mohammad S
The Ministry of Transport, Communications, and Information Technology, Oman signed a Memorandum of Understanding (MoU) with AONH Private Holdings to formalize mutual cooperation to develop …
Power

Al-Babtain Power and Telecom awarded $104 million Steel Towers Supply Contract

February 17, 2025 Mohammad S
Al-Babtain Power and Telecommunication Co., Saudi Arabia Announces that it has signed a contract with Larsen & Toubro Saudi Arabia LLC (L&T) Company. The value …
Power

Oman Receives Bids for 500MW Ibri III Solar IPP

February 17, 2025 Mohammad S
Nama Power & Water Procurement, Oman announces the list of bidders who submitted bids for the development of Ibri III Solar IPP,  in Ibri in …
Construction

National Medical Care awards $24.4 million Construction Contract

February 16, 2025 Mohammad S
National Medical Care Co., Saudi Arabia announces the awarding of a contract for the construction skeleton for the first phase of the new Care Medical …
Construction

ROSHN Group Signs $400 million Agreements

February 15, 2025 Mohammad S
ROSHN Group, the Kingdom’s leading multi-asset class real estate developer and a PIF company, reinforced its commitment to fostering local content and driving economic growth …
Power

EDF and TAQA Geothermal Sign MoU to Advance Geothermal Energy in Saudi Arabia

February 15, 2025 Mohammad S
EDF Saudi Arabia and TAQA Geothermal Energy Company have signed a strategic Memorandum of Understanding (MoU) to collaborate on geothermal energy technologies including power generation …
Construction

Saudi’s “Rua Al Madinah Holding” Signs Two Contracts at the PIF Private Sector Forum

February 15, 2025 Mohammad S
Rua Al Madinah Holding, a PIF company, has signed two contracts as part of its efforts to accelerate the development of Rua Al Madinah Project, …

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Construction

Oman Awards Project Worth More Than $65m

April 8, 2023
The Tender Board, Oman has awarded projects and additional works to the tune of RO 25,600,733. The awarded projects included: 1- Maintenance of asphalt roads …
Construction

L&T and Power China awarded Key Railway Facilities Contract in Oman

February 8, 2025
Hafeet Rail, a Oman-UAE railway project, has awarded the construction contracts for its key railway facilities in Oman to Larson & Toubro (L&T) and Power …
PPP

DEWA and ACWA Power Signs agreements for $914m Hassyan Sea Water Desalination Project

October 3, 2023
Dubai Electricity and Water Authority (DEWA), signed a 30-year water purchaser agreement with Saudi Arabia’s ACWA Power for phase 1 of the Hassyan sea water …
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