March 12, 2026
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Home2025

Year: 2025

Press Releases

Saudi’s SEVEN Partners with TAWAL to Build Advanced Digital Infrastructure

February 10, 2025 Mohammad S
Saudi Entertainment Ventures (SEVEN), part of Qiddiya Investment Company (QIC), a wholly owned Public Investment Fund (PIF) entity, has entered into a strategic agreement with …
Water

WABAG awarded $371 million Consortium Contract for Al Haer Independent Sewage Treatment Plant

February 9, 2025 Mohammad S
VA TECH WABAG (‘WABAG’), a leading pure-play water technology Indian Multinational Group, continues to expand its presence and strengthen its leadership position in the Middle …
Manufacturing

Saudi’s Alat and Lenovo Break Ground on Major New Manufacturing Facility

February 9, 2025 Mohammad S
Alat, an innovative company focused on transforming global industries by creating a world-class manufacturing hub in the Kingdom of Saudi Arabia, and Lenovo, a global …
Construction

90 Companies Submits Expression of Intrest for Taif International Airport

February 9, 2025 Mohammad S
MATARAT Holding, Saudi Arabia in Collaboration with National Center for Privatization & PPP, announces the List of Companies that Submitted their Expressions of Interest for …
Transport

EMSTEEL, Hafeet Rail Signs Raw Material Logistics Agreement

February 8, 2025 Mohammad S
EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, has forged strategic partnerships to pioneer streamlined raw material transport …
Power

Oman Celebrates the Groundbreaking of $187 million Masirah Island Interconnection Project

February 8, 2025 Mohammad S
Oman Electricity Transmission Company (OETC) celebrated the groundbreaking of the strategic and first of its kind Masirah Island interconnection project. The project aims to enhance …
Power

Saudi Electricity Company, Hitachi Energy Signs MOU for Non SF6 Gas Technology Switchgear

February 8, 2025 Mohammad S
Saudi Electricity Company (SEC) signed a memorandum of understanding (MoU) with Hitachi Energy to adopt advanced technology for electrical switches and circuit breakers that are …
Construction

L&T and Power China awarded Key Railway Facilities Contract in Oman

February 8, 2025 Mohammad S
Hafeet Rail, a Oman-UAE railway project, has awarded the construction contracts for its key railway facilities in Oman to Larson & Toubro (L&T) and Power …
Finance

SWPC announces financial close of Al-Haer Independent Sewage Treatment Plant

February 8, 2025 Mohammad S
The Saudi Water Partnership Company (SWPC) announces the achievement of the financial close of the Al-Haer Independent Sewage Treatment Plant (ISTP) project in Riyadh. The …
Oil and Gas

Técnicas Reunidas awarded $3.39 billion Contract in UAE

February 6, 2025 Mohammad S
Técnicas Reunidas, Spain announced in a statement that it has secured a new Oil & Gas contract in UAE. The value of the contract is …

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Oil and Gas

Saipem awarded $550m offshore drilling contracts

June 27, 2023
Saipem announced in a statement that it has been awarded two new offshore drilling contracts, one in the Middle East and one in the Mediterranean …
Construction

Oman received lowest bid of $190.5m for NR 32 Phase 1 Duqm Roads

January 31, 2022
Public Authority for Special Economic Zones and Free Zones, Oman announced the bidders prices for Construction of Dual Carriageway Road for NR 32 Phase 1 …
Power

UAE’s Lamprell delivers its 29th new build jackup rig

November 11, 2023
Following a handover signing ceremony held at Lamprell’s Hamriyah facility on 6 October 2023 and a rig naming ceremony that took place in KSA on …
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