Construction
Drake and Scull awarded $275.1 million Contracts
Drake and Scull International PJSC (DSI), specializing in contracting services for mechanical, electrical, and plumbing (MEP), as well as oil and gas, water and wastewater …
Year: 2025
Manufacturing
Alghanim Industries Expands Saudi Arabia’s Industrial Export Power with New Kirby Facility
Alghanim Industries, one of the MENA region’s largest privately owned companies, has broken ground on a new Kirby Building Systems pre-engineered building (PEB) and structural …
Oil and Gas
Oman’s Sohar Port, Freezone Launches Dredging Operations for Marsa LNG Project
Oman’s SOHAR Port and Freezone has announced the commencement of dredging operations for the Marsa LNG project, a critical step in positioning SOHAR as the …
Power
Raissy awarded $35 million MAADEN BARRICK COPPER Co. 110/13.8kV Substation Project
Raissy Trading & Contracting Co. Ltd., Saudi Arabia announces that it has awarded MAADEN BARRICK COPPER Co. 110/13.8kV Substation Project in Madinah Region. The value …
Construction
Dubai Awards $217.2 million Contract for Al Qudra Street Development Project
Dubai’s Roads and Transport Authority (RTA) has awarded the contract for Al Qudra Street Development Project. The value of the contract is AED 798 million. …
Construction
The Avenues Riyadh: Alghanim International, Al-Ahmadiah awarded $301.6 million Phase 2 Towers
Mabanee announces that its subsidiary in KSA, has signed two contracts for the construction of The Avenues Riyadh- phase2 “towers”. The combined value of the …
Power
ACWA Power Signs Share Purchase Agreement with ENGIE
ACWA Power has announced the signing of a Share Purchase Agreement (SPA) with the regional subsidiary of French utility developer ENGIE, to acquire assets at …
Finance
Oman’s Be’ah Signs $132million Financing Agreement with Ahli Islamic Bank
Oman Environmental Services Holding Company (Be’ah) signed a financing agreement with Ahli Islamic Bank to implement the second phase of the industrial waste treatment facility …
Construction
Saudi Arabia Launches EOI for Logistics Zone Development in Dammam
Saudi Authority for Industrial Cities and Technology Zones “MODON”, in collaboration with the National Center for Privatization & PPP (NCP), announces the launch of the …
Oil and Gas
EnerMech Awarded Five-Year Contract Extension in Qatar
EnerMech has secured a five-year contract extension to provide North Oil Company (NOC) with leak testing and flange management services, building upon a strong relationship …