April 26, 2026
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Home2025

Year: 2025

Finance

Mabanee Signs Financing Agreements for The Avenues Riyadh Project

November 9, 2025 Mohammad S
Kuwait’s Mabanee announces that, in the context of completing the development stages of The Avenues Riyadh project, Mabanee – together with its partners in Shomoul …
Power

Kuwait’s HEISCO Wins $186.2 Million Contract

November 9, 2025 Mohammad S
Heavy Engineering Industries & Shipbuilding Co. (HEISCO), Kuwait announced in a statement that, the Board of Directors of the Central Agency for Public Tenders (CAPT), …
AI and Data Center

Qatar’s MEEZA Signs $206 Million Data Centre services Contract

November 8, 2025 Mohammad S
MEEZA, Qatar’s leading Data Centre and Managed IT Services provider announced the signing of a major agreement with a global hyperscaler, among the fastest-growing Cloud …
Oil and Gas

INTECS announces Commencement of JV activities for the Marsa LNG Project

November 8, 2025 Mohammad S
INTECS Industrial Technology Services, Oman announces the official launch of INTECS Serka JV activities for the Marsa LNG project at the Port of Sohar, Oman, …
Oil and Gas

UAE’s ADNOC Drilling Partners with MB Petroleum Services

November 7, 2025 Mohammad S
UAE’s ADNOC Drilling Company PJSC announced that it has entered into definitive agreement to acquire 80% of MB Petroleum Services (MBPS), one of the leading …
Power

China’s Goldwind awarded 3GW Wind Turbine Supply Contract in Saudi Arabia

November 7, 2025 Mohammad S
China’s Goldwind announces that it will supply its cutting-edge turbines for the landmark 3GW PIF Wave 5 Wind Projects in Saudi Arabia. Jointly developed by ACWA …
Oil and Gas

KBR awarded Detailed Engineering Design Contract in Iraq

November 7, 2025 Mohammad S
Global Engineering Firm KBR  announced that it has been selected by ENKA İnşaat ve Sanayi A.Ş. (ENKA) to provide detailed engineering design services for the …
Power

Qatar’s UCC Holding Led Consortium Signs Agreement for 5,000 MW Power Plants in Syria

November 7, 2025 Mohammad S
The Ministry of Energy in the Syrian Arab Republic signed the final concession agreements to build and operate eight new power generation stations with a …
Oil and Gas

UAE’s NMDC Energy Signs Several Strategic MOUs

November 6, 2025 Mohammad S
UAE’s NMDC Group, a global leader in engineering, procurement, construction and marine dredging, and NMDC Energy PJSC, a leading provider of engineering, procurement and construction …
AI and Data Center

HUMAIN and DataVolt to Develop Multi-Gigawatt Data Centers

November 6, 2025 Mohammad S
HUMAIN, a PIF company delivering full-stack artificial intelligence solutions, and DataVolt, a global leader in the development of large-scale datacenters and integrated infrastructure solutions, announced …

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Transport

Saudi Arabia Railways and Siemens Sign MoU to Advance Local Content and Railway Digitalization

February 10, 2026
Saudi Arabia Railways (SAR) has signed a Memorandum of Understanding (MoU) with Siemens Mobility Saudi Arabia to strengthen cooperation in the localization and development of …
Construction

Hutchison Ports secured Jazan Port contract in Saudi Arabia

February 16, 2021
Hutchison Ports announced in a statement that it had signed an agreement to invest and operate Jazan City for Primary and Downstream Industries (JCPDI) port …
Power

Doosan awarded Maintenance Contract for UAE Nuclear Power Plant

October 23, 2021
Doosan Heavy Industries & Construction announced in a statement that it had signed a routine preventive maintenance service agreement with Nawah Energy Company, the UAE …
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