Water
WABAG awarded $14 million Contract in Bahrain
VA TECH WABAG (‘WABAG’), a leading pure-play water technology Multinational Group, continues to expand its presence in the Middle East region and strengthen its leadership …
Year: 2025
Petrochemical
ThyssenKrupp Signs Contract for expansion of the chlor-alkali plant in Jubail
Basic Chemical Industries Company (BCI), Saudi Arabia announces the signing of a contract for the expansion of the chlor-alkali plant in Jubail. The contract was …
Construction
PIF’s Baheej signs Investment Agreements with the Royal Commission for Yanbu
ASFAR, the Saudi tourism investment company wholly owned by the Public Investment Fund of Saudi Arabia, has announced the signing of investment agreements between Baheej, …
Power
Penspen signs Renewable Energy-focused framework agreements in Saudi Arabia
Penspen announces a positive finish to the fiscal year with $120 million awarded in new contracts during the second half of 2024, a 14% increase …
Hydrogen
ACWA Power, Snam Signs MOU for Green Hydrogen
ACWA Power, Saudi Arabia, has signed a memorandum of understanding (MoU) with Snam to explore collaboration and joint investments to establish a supply chain of …
Press Releases
Matarat and Egis Honoured with the Global Project Excellence Award for Project Management Excellence
Matarat Holding, in partnership with Egis, a global leader in architecture, consulting, construction engineering and mobility services, has been awarded the distinguished Project Management Office (PMO) …
Tourism
Saudi Arabia Railways and Arsenale Unveil the Final Designs of the “Dream of the Desert”
Saudi Arabia Railways (SAR) and Italian luxury hospitality company Arsenale have officially unveiled the final designs of the Dream of the Desert train, the first …
Construction
Saudi Telecom Company (stc) signs $8.7 billion Contract
Saudi Telecom Company (stc) announces the signing of contract with a Government entity related to telecommunications infrastructure services. The value of the contract is SAR …
Petrochemical
UAE’s Borouge awarded $100 million Supply Contracts
Borouge Plc, UAE, has announced new supply agreements and collaborations valued at over $100 million (AED367 million), reinforcing the company’s leading position in advancing sustainability …
NEOM
NEOM Secures $3 billion Financing
NEOM has announced the successful closing of a landmark export credit agency (ECA) financing transaction, with Italy’s SACE, securing approximately USD 3 billion under a …