March 12, 2026
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Home2026February

Month: February 2026

Power

GCCIA Launches $700 million Worth Direct Power Interconnection Project with Oman

February 2, 2026 Mohammad S
The Gulf Cooperation Council Interconnection Authority (GCCIA) announced the commencement of the implementation of the direct electrical interconnection project between the Authority’s grid and Oman’s …
Oil and Gas

McDermott Awarded Landmark Definition Engineering Contract for Qatar’s First Major Offshore Decommissioning Project

February 2, 2026 Mohammad S
McDermott has been awarded a decommissioning definition engineering contract by QatarEnergy for the State of Qatar’s inaugural offshore decommissioning initiative. Under the contract scope, McDermott will develop …
Water

Tawzea Signs $35.5 million O&M Contract in Madinah

February 1, 2026 Mohammad S
SISCO Holding, Saudi Arabia announces that the International Water Distribution Company (Tawzea) has signed the contract with National Water Company (NWC).  The objective of the …
Construction

Sumou Real Estate Company Signs $112.8 million Contract in Makkah

February 1, 2026 Mohammad S
Sumou Real Estate Company, Saudi Arabia announces signing a contract of a residential and commercial tower for Areeb Sumou Makkah Real Estate Fund. The estimated …
Construction

Saudi Arabia Announces Qualified Bidders for One-Stop Station PPP Project

February 1, 2026 Mohammad S
The Roads General Authority (RGA), in collaboration with the National Center for Privatization & Public-Private Partnership (NCP), announce the list of qualified consortia and companies …
Mining

Saudi Arabia Launches Wave 3 Exploration Enablement Program (EEP)

February 1, 2026 Mohammad S
The Ministry of Industry and Mineral Resources (MIM), Saudi Arabia in collaboration with the Ministry of Investment, has launched Wave 3 of the Exploration Enablement …
Construction

Kuwait Awards Al Muthanna Complex Real Estate Project

February 1, 2026 Mohammad S
National Investment Company, Kuwait announces that the consortium consisting of National Investments Company, Arkan Kuwait Real Estate Company, Buyout Holding Company, Osoul Investment Company, and …
Finance

JBIC Signs Financing Agreement of $990 million for “Facility E” IWPP in Qatar

February 1, 2026 Mohammad S
The Japan Bank for International Cooperation (JBIC) signed a loan agreement with RAS ABU FONTAS POWER COMPANY Q.P.S.C., a Qatar company invested in by Sumitomo …

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