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Home2025May

Month: May 2025

Construction

ROSHN Group Launches ROSHNEXT to Drive Innovation in the Real Estate Industry

May 25, 2025 Mohammad S
ROSHN Group, Saudi Arabia’s leading multi-asset real estate developer and a PIF company, has launched the ROSHNEXT, the Group’s innovation arm. The program is designed …
Construction

Sumou Real Estate Company Signs $181.3 million Residential Project in Makkah

May 25, 2025 Mohammad S
Sumou Real Estate Company, Saudi Arabia announces the signing of development agreement of Areem Makkah project with National Housing Company to build residential units (villas). …
Oil and Gas

Aramco Pioneers World-First Renewable Energy Storage System for Gas Operations

May 23, 2025 Mohammad S
Aramco, one of the world’s leading integrated energy and chemicals companies, has achieved a world-first by successfully commissioning a megawatt (MW)-scale renewable energy storage system …
AI and Data Center

Global Tech Alliance Launches Stargate UAE – AI Data Center in Abu Dhabi

May 22, 2025 Mohammad S
G42, OpenAI, Oracle, NVIDIA, SoftBank Group and Cisco announced their partnership to build Stargate UAE, In a historic step forward for artificial intelligence and international …
Construction

ROSHN Group Becomes Saudi Arabia’s Most Valuable Real Estate Brand

May 22, 2025 Mohammad S
ROSHN Group, Saudi Arabia’s leading multi-asset real estate developer and a Public Investment Fund (PIF) company, has been crowned as Saudi Arabia’s most valuable real …
Transport

Matarat Holding and Thales Partner to Digitally Transform Saudi Airports

May 22, 2025 Mohammad S
Matarat Holding has signed a Memorandum of Understanding (MoU) with Thales, a global leader in advanced technologies. This strategic partnership, signed at Passenger Terminal Expo …
Manufacturing

Firms Signs Agreement for Locally manufactured Solar PV Panels for Al-Khushaybi PV Project

May 22, 2025 Mohammad S
Sponsored by the Saudi Arabia’s Ministry of Energy, and as part of the efforts by the Saudi Power Procurement Company (SPPC) and Nabah Renewable Energy …
Oil and Gas

NMDC Energy, Al Gharbia to explore pipeline manufacturing in UAE

May 22, 2025 Mohammad S
NMDC Energy PJSC, a provider of engineering, procurement and construction services for offshore and onshore energy clients, has signed a strategic Memorandum of Understanding (MoU) …
Oil and Gas

ADNOC Awards $147.8 Million Contracts for Made-in-UAE Product

May 22, 2025 Mohammad S
ADNOC, UAE announced at the Make it in the Emirates forum the award of contracts valued at AED543 million ($147.8 million) to nine of its …
Construction

NMDC LTS and Jiangsu Huaying Valves Sign MoU to Explore Valve Manufacturing Facility in UAE

May 21, 2025 Mohammad S
NMDC LTS, a business vertical of NMDC Group, a global leader in engineering, procurement, construction (EPC), and marine dredging (NMDC), has announced the signing of …

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Power

NESMA awarded $347 million Substation Contracts

December 4, 2023
Nesma Infrastructure and Technology (NIT), Saudi Arabia annouced in a statement that it has signed a major strategic package with the Saudi Electricity Company (SEC). …
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ACC awarded contract to build first 300 villas on Abu Dhabi’s Jubail Island

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Abu Dhabi based Jubail Island Investment Company announced in a statement that it has awarded the  construction contract for the first phase of 300 villas …
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