Construction
Trojan Construction awarded $272.2 million Modon’s Maysan Project
UAE’s Modon has awarded the contract for execution of the Maysan project on Reem Island to Trojan Construction Group. The value of the contract is …
Month: December 2025
Oil and Gas
TAQA, ADES Holding, Arabian Drilling and ARGAS Signs Agreements to Develop Syrian Oil and Gas Fields
Four Saudi companies, TAQA, ADES Holding, Arabian Drilling, and the Arabian Geophysical and Surveying Company (ARGAS), signed agreements with the Syrian Petroleum Company covering services, …
Construction
UAE’s Meraas awards $92.5 million contract to develop new Riwa apartments at Madinat Jumeirah Living
Meraas, a member of Dubai Holding Real Estate, has awarded an AED340 million contract to Al Sahel Contracting for the construction of new Riwa apartments …
Oil and Gas
SPETCO awarded Budour Tayseer Gas Project from PDO
Petroleum Development Oman (PDO) has entered into a landmark 15-year agreement with SPETCO Middle East LLC to develop the Budour Tayseer Gas Project (BTGP), reinforcing …
Power
Arabian Qudra and Saudi Water Authority Signs Agreement for floating Solar Power Plant
Arabian Qudra (AQ), a subsidiary of Abunayyan Holding Co.,Saudi Arabia announces that it has signed an agreement to establish the first floating solar power plant …
Construction
Dar Global awards enabling works contract for the Trump International Hotel & Tower, Dubai
Dar Global, the London-listed luxury real estate developer, has awarded the enabling works contract for the Trump International Hotel & Tower, Dubai to Edrafor Emirates …
AI and Data Center
UAE’s Khazna Advances 200 MW Data Centers Plans in Saudi Arabia
Khazna Data Centers, a global leader in hyperscale digital infrastructure, announced the appointment of Mohammed Bin Hassan as Country Head for the Kingdom of Saudi …
Power
ACWA Power and Bapco Energies to Develop 2.8GW Solar Power Project
ACWA Power and Bapco Energies announced a Joint Development Agreement (JDA) for the development of a solar power plant integrated with large scale battery energy …
Tourism
Apple to Open Iconic Flagship Store in Diriyah Square
Diriyah Company announced that Apple has executed a lease to open an iconic flagship store in the heart of Diriyah Square, marking a major milestone …
Petrochemical
Aramco, ExxonMobil and Samref Signs Agreement for Samref Refinery Upgrade
ExxonMobil, Aramco and Samref have signed a Venture Framework Agreement (VFA) to evaluate a significant upgrade of the Samref refinery, in Yanbu, and an expansion …