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Home2025

Year: 2025

Mining

Maaden and MP Materials Corp Signs MoU to explore rare earth supply chain

May 15, 2025 Mohammad S
Saudi Arabian Mining Company (Maaden) announces that it has signed agreement with MP Materials Corp (MP Materials), the American fully integrated rare earth producer, to …
Oil and Gas

Penspen awarded FEED Contract in UAE

May 15, 2025 Mohammad S
Penspen announces that it has been awarded the Front-End Engineering Design (FEED) scope for pipelines and piping systems to support a major greenfield NGL fractionation …
Manufacturing

Hyundai Motor Manufacturing celebrates groundbreaking milestone in Saudi Arabia

May 15, 2025 Mohammad S
Hyundai Motor Manufacturing Middle East (HMMME), a joint venture between PIF and Hyundai Motor Company, hosted its groundbreaking ceremony in the recently announced King Salman …
Oil and Gas

Aramco Signs 34 MoUs Worth $90 billion with Major US Companies

May 15, 2025 Mohammad S
Aramco, one of the world’s leading integrated energy and chemicals companies, announced the signing of 34 Memoranda of Understanding (MoUs) and agreements, with a potential …
Power

ACWA Power Signs MOUs Worth $500 million with US Companies

May 14, 2025 Mohammad S
ACWA Power, Saudi Arabia announced the signing of Memorandums of Understanding (MoUs) with US companies, totalling USD 500 million. The MOUs was Signed at the …
Oil and Gas

Abraj Energy Services Signs Contract with BP Oman

May 14, 2025 Mohammad S
Abraj Energy Services, Oman announces that it has signed a contract with BP Oman to supply a drilling rig in Block 61, with operations expected …
Construction

Oman awards $670 million Adam-Haima-Thumrait Road Contracts

May 14, 2025 Mohammad S
The Ministry of Transport, Communications, and Information Technology, Oman announces that it has signed three agreements to implement the third, fourth, and fifth sections of …
Construction

Oman awards Construction Contracts for its Largest Copper Concentrate Project in Yanqul

May 14, 2025 Mohammad S
Mazoon Mining, a subsidiary of Minerals Development Oman (MDO), announces that it has successfully secured RO 104 million (USD 270 million) in strategic financing from …
Construction

Kapsch TrafficCom awarded Major Tunnel Management Project in Sharjah

May 14, 2025 Mohammad S
Kapsch TrafficCom AG, Austria announces that it has awarded the system implementation and maintenance of five tunnels by Sharjah Roads & Transport Authority (SRTA), Govt, …
Oil and Gas

GAS Arabian Services awarded $221.5 million Contracts from SPPC

May 14, 2025 Mohammad S
GAS Arabian Services Company, Saudi Arabia announces that it has awarded two contracts from Saudi Power Procurement Company (Principal Buyer). The combined value of the …

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Water

NWC invites Pre Qualification for water and wastewater connection Projects

December 20, 2020
Saudi Arabia’s National Water Company (NWC) announced in a statement to submit the  contractors qualification for the upcoming project to implement more than 500,000 water …
Water

Oman Signs agreement for Ghubrah desalination Plant-Phase III

May 12, 2024
Nama Power and Water Company, Oman announced in a statement that, under the patronage of His Excellency Dr. Saud bin Hamoud Al-Habsi, Minister of Agriculture, …
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Power

Saudi Arabia’s Renewable Energy Projects

June 12, 2018
Solar power is just one aspect of Saudi Arabia’s broader energy strategy, as the Kingdom makes energy generation a priority given its ever-growing energy needs. …
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