Finance
Oman’s Ibri III Solar IPP Achieves Financial Close
Abu Dhabi Future Energy Company PJSC – Masdar, and consortium partners Al Khadra Partners, Korea Midland Power Co. Ltd (KOMIPO), and OQ Alternative Energy (OQAE), …
Month: January 2026
Mining
Metso Awarded $148.6 million Maaden’s Gold Processing Plant in Saudi Arabia
Metso Announced that it has awarded by Maaden, a gold processing plant for the Ar Rjum mine located in the Makkah Region, approximately 200 km …
Power
China Energy Consortium Announces Start of Starah 2GW Wind Power Substation Project
China Energy Consortium announces that, Starah 2GW Wind Power Substation Project in KSA contracted by CEEC has successfully broken ground and commenced construction. This milestone marks …
Oil and Gas
Kuwait’s Tariq Al-Ghanim Awarded $49.8 million KNPC Project
Kuwait National Petroleum Company (KNPC) has awarded a major contract for the maintenance and repair of storage tanks at the Mina Abdullah Refinery. The contract …
Water
Alkhorayef Awarded O&M Contract in Makkah
Alkhorayef Water & Power Technologies Co., Saudi Arabia announces the award of Operation and Maintenance of Water & Sewage Networks in Mina and Muzdalifah of …
Construction
Elkhereiji Company Awarded $75 million Knowledge Economic City Contract in Madinah
The Knowledge Economic City, Saudi Arabia announces the Contract Award to execute additional residential buildings of Al-Alya mixed-use Project The value of the contract is …
Oil and Gas
KOC receives Lowest Bid of $45 million for Gas Condensation Project
Kuwait Oil Company (KOC) has received bids for the Condensate Stabilization Unit Installation Project at BS-171, marking a key step in advancing its upstream infrastructure …
Construction
MOBCO and BEC Arabia Awarded $1.09 billion “Masar” Destination Contracts in Makkah
Umm Al Qura for Development and Construction Company (The Owner, Developer and Operator of “Masar” Destination) announces that Al-Inma First Development Company Limited and Al-Inma …
Construction
Firms Signs Agreement to expand Burj Khalifa/Dubai Mall Metro Station Project
Dubai’s Roads and Transport Authority (RTA) has signed an agreement with Emaar Properties to expand Burj Khalifa/Dubai Mall Metro Station, in response to the sustained …
Power
Trinasolar and Haala Energy Announce Projects Collaboration to Advance Solar Deployment in Saudi Arabia
Trinasolar, a global leader in smart PV and energy storage solutions, is pleased to announce its collaboration with Haala Energy, a leading solar energy developer …