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Home2025

Year: 2025

PPP

SISCO Holding Subsidiary Signs $418 million Worth Agreements to Operate Four Multi-Purpose Terminals

June 24, 2025 Mohammad S
Sustained Infrastructure Holding Company (“SISCO Holding”), Saudi Arabia’s leading strategic investor in Ports & Logistics and Water Solutions announces that Red Sea Gateway Terminal (“RSGT”), …
PPP

Saudi Ports Authority Signs $586 million Worth Privatization Contracts for Multipurpose Cargo Terminals

June 23, 2025 Mohammad S
Saudi Ports Authority, Mawani— in collaboration with the National Center for Privatization — signed contracts to privatize multipurpose cargo terminals at eight Saudi ports under …
Transport

E-FILL Introduces Public Tariff to Advance Saudi Arabia’s Electric Mobility Vision

June 23, 2025 Mohammad S
In support of Saudi Arabia’s transition to clean and sustainable mobility, E-FILL, the national electric vehicle (EV) charging network powered by ASX E-Mobility — a …
Power

Elsewedy Electric PSP and GE Vernova Signs Agreement for the first Synchronous Condenser Plants in the Middle East

June 23, 2025 Mohammad S
Elsewedy Electric Power Systems Projects (Elsewedy Electric PSP) announce the signing of a key supply agreement with GE Vernova for the first Synchronous Condenser Plants …
Manufacturing

Oman Signs Concession Agreement for Natural Salt Production

June 22, 2025 Mohammad S
The Ministry of Energy and Minerals, Oman announces that it has signed a mining concession agreement with the Global Integrated Engineering Company for Concession Area …
Petrochemical

Oman LNG Signs Agreement for Pre-FEED for Methanation Pilot Plant

June 22, 2025 Mohammad S
Oman LNG announces that it has signed an agreement with Kanadevia Corporation to conduct a Pre-FEED (Front-End Engineering Design) for a methanation pilot plant and …
NEOM

NEOM: Voluntary Carbon Market, Enowa Sign Agreement to Deliver Over 30 Million Tons of Carbon Credits

June 20, 2025 Mohammad S
The Voluntary Carbon Market Company (VCM), a carbon credit company established by PIF and Saudi Tadawul Group, and Enowa, the energy and water subsidiary of NEOM, …
Water

ACCIONA and DHCU consortium awarded O&M Contract for one of the World’s Largest Wastewater Treatment Plants

June 20, 2025 Mohammad S
ACCIONA, in a consortium with the local company DHCU, has been selected by the Construction Authority for Potable Water and Wastewater (CAPW) in Cairo (Egypt) …
Finance

GS Inima Secures Financing to Build PV Plant at Barka V Desalination Plant in Oman

June 19, 2025 Mohammad S
GS Inima announces that it has secured the necessary financing to build a 6.3MWp photovoltaic plant at the Barka V desalination plant in Oman. This …
Construction

PIF launches Expo 2030 Riyadh Company

June 19, 2025 Mohammad S
The Public Investment Fund (PIF), Saudi Arabia announced in a press release the launch of Expo 2030 Riyadh Company (ERC), wholly owned by PIF, to …

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Power

Oman’s Ibri II Solar PV developer announces the financial closure of the project

March 24, 2020
Saudi Arabia’s ACWA Power announced in a statement that, it has achieved the financial closure for the Ibri II solar photovoltaic, PV Independent Power Project …
Construction

Kuwait received lowest bid of $35.6m for Shuwaikh Port utilities project

March 8, 2021
Kuwait Ports received the bidders proposals for the construction of New Utilities Systems at Shuwaikh Port. Thirteen bidders has submitted the proposals. Kuwait based construction …
Power

Kuwait awards $119 Million 400kV Underground Cable Projects

November 15, 2025
Public Authority for Housing Welfare (PAHW), Kuwait awarded the project,  400kV underground cables in the South Sabah Al-Ahmad residential project. The combined value of the …
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