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 …
Year: 2025
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 …
Construction
Naz Steel Industries Secures PEB Contract from SIRC for Three Medical Waste Recycling Facilities
The Saudi Investment Recycling Company (SIRC), a subsidiary of the Public Investment Fund (PIF), has awarded NAZ Steel Industries (https://nazindustries.com) the contract to design, supply, …
Oil and Gas
ADNOC Gas, JERA Signs $450 million Worth LNG supply agreement
ADNOC Gas plc announced the signing of a $450 million (AED1.653 billion) three-year liquefied natural gas (LNG) supply agreement with JERA Global Markets Pte. Ltd. …
Construction
China State Construction awarded over $272 million Contract in UAE
Meraas, a member of Dubai Holding Real Estate, has awarded a construction contract worth over AED1 billion to China State Construction Engineering Corporation (Middle East) …
Power
CESI, SEC Subsidiary Signs MoU
CESI Group strengthened its ties with Saudi Arabia by signing a Memorandum of Understanding (MoU) with the Saudi Electricity Project Development Company (PDC), part of …