May 2, 2026
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Home2025November

Month: November 2025

Mining

Maaden and MP Materials to establish Rare Earth Refining And Separation Facility

November 19, 2025 Mohammad S
Saudi Arabian Mining Company (Maaden) announces that it has signed a binding term sheet with MP Materials Corp. (MP Materials) backed by the United States …
Transport

UAE’s AD Ports Signs Agreement with CMA CGM to Expand Terminal at Khalifa Port

November 19, 2025 Mohammad S
UAE’s AD Ports Group signed an agreement with France’s CMA CGM Group, a global player in sea, land, air and logistics solutions, to expand their …
Oil and Gas

Wood awarded Engineering Services Contract in Iraq

November 19, 2025 Mohammad S
Wood, a global leader in consulting and engineering, announces that it has secured a new contract to deliver project management and engineering services for PetroChina …
Construction

Malaysia’s MGB awarded $93.3 million Construction Contract in Madinah

November 19, 2025 Mohammad S
Malaysia’s MGB announces that MGB Alameriah Contracting Company (MA), a joint venture company under MGB International For Industry, an indirect wholly owned subsidiary of MGB, …
AI and Data Center

Saudi’s Eastern Region Municipality Signs $1.3 Billion Worth Deals

November 18, 2025 Mohammad S
The Eastern Region Municipality of Saudi Arabia announces that it has concluded 14 investment and development contracts and memoranda of understanding (MoUs) during its participation …
Construction

Saudi’s NHC and Emlak Konut Signs Makkah Gate Development Deal

November 18, 2025 Mohammad S
Under the patronage of Minister of Municipalities and Housing Majed Al-Hogail, the National Housing Company (NHC) signed a sub-development agreement with Turkish company Emlak Konut …
Power

Alghanim awarded $284.3 Million Sabiya Power Plant Engineering Services Contract

November 18, 2025 Mohammad S
Kuwait’s Ministry of Electricity, Water, and Renewable Energy awards the contract related to Sabiya Power Plant Engineering Services. The value of the contract is KWD …
Construction

Saudi’s Retal awarded $1.38 Billion Worth Construction Contract

November 18, 2025 Mohammad S
Retal Urban Development Company, Saudi Arabia announces that it has received a letter of award from the National Housing Company (NHC) in Al Fursan Suburb …
Finance

Kuwait Petroleum Signs $4.8 Billion Financing Deal

November 18, 2025 Mohammad S
Kuwait Petroleum Corporation announces that it has secured a landmark KD 1.5 billion joint financing deals. The financing received from the Banks led by the …
Oil and Gas

Helmerich & Payne announces Recommence Operations on Seven Land Rigs in Saudi Arabia

November 18, 2025 Mohammad S
Helmerich & Payne, Inc., USA announced that notice has been received to recommence operations on seven land rigs in Saudi Arabia that are currently under …

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Projacs is now known as Egis

January 14, 2022
Egis completed the acquisition of Projacs International, the project and construction management consultancy, in early 2021, after their initial acquisition of 51% in 2015. Following …
Power

UAE’s Ducab powers Uttar Pradesh state first metro line in Lucknow, India

August 18, 2022
Ducab Group marked another milestone in its international operations after successfully supplying 140km of medium voltage (MV) cables for the Lucknow Metro project in Utter …
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Saudi’s PIF signs MoU with Samsung C&T Corporation

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Public Investment Fund (PIF), Saudi Arabia announced in a statement that it has signed an MoU with Samsung C&T Corporation Engineering & Construction Group . …
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