March 12, 2026
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Home2026February

Month: February 2026

Water

Saudi’s Shuaiba-5 Desalination System Surpasses Design Capacity by 11%, Sets Efficiency Record

February 20, 2026 Mohammad S
The Shuaiba-5 desalination system has exceeded its design capacity by 11%, raising daily output from 600,000 to 665,000 cubic meters of desalinated water without incurring …
Finance

Synergy Consulting Supports Consortium for Major Redevelopment of Damascus International Airport

February 20, 2026 Mohammad S
Synergy Consulting, Inc. announces its role in supporting a consortium comprising UCC Holding, Assets Group, Cengiz Insaat, and Kalyon Group in the rehabilitation and expansion …
Power

Linxon Energizes Taif East Governorate (TEG) expansion 380 kV BSP in Saudi Arabia

February 19, 2026 Mohammad S
Global EPC firm, Linxon Announces that it has successfully energized the Taif East Governorate 380 kV expansion project, marking a significant milestone in strengthening Saudi …
Oil and Gas

Alkhorayef Petroleum Services Secures Major Artificial Lift Contract from Petroleum Development Oman

February 19, 2026 Mohammad S
Alkhorayef Petroleum Services Company (APS) has been awarded one of the largest artificial lift tenders by Petroleum Development Oman (PDO), marking a significant milestone in …
Construction

Red Sea International Co. Subsidiary Signs Framework Agreement for King Salman International Airport Project

February 19, 2026 Mohammad S
Red Sea International Co. announces that its subsidiary, The Fundamental Installation for Electric Work Co., has signed a strategic framework agreement with King Salman International …
Construction

sarcc and Tamimi Global Partner on $405 million Staff Accommodation Development in Riyadh

February 18, 2026 Mohammad S
Smart Accommodation for Residential Complexes Company (sarcc), a Public Investment Fund (PIF) company, announced the signing of a non-binding Heads of Terms (HoT) with Tamimi …
Construction

ROSHN Group Signs SAR 548 Million Agreement to Develop WAREFA Community in Riyadh

February 18, 2026 Mohammad S
ROSHN Group has signed a strategic agreement with Sateaa Altameer For Real Estate for the development of a major residential project valued at SAR 548 …
Construction

ROSHN Group Signs SAR 1.1 Billion Agreement with Arabian Dyar to Develop New Project in SEDRA Community

February 17, 2026 Mohammad S
ROSHN Group has signed a strategic agreement with Arabian Dyar valued at SAR 1.1 billion to develop a 55,000 square meter land plot within the …
Construction

Red Sea International Co. Announces Signing of Major Subcontract Agreement in Riyadh

February 17, 2026 Mohammad S
Red Sea International Co., Saudi Arabia has confirmed that its subsidiary, The Fundamental Installation for Electric Work Co., has signed a significant subcontract agreement with …
Construction

Qatar’s Ashghal Unveils SAR 11.5 Billion Infrastructure Package Supporting Vision 2030 Goals

February 17, 2026 Mohammad S
​The Public Works Authority ‘Ashghal’ announced the awarding and tendering of 20 new projects with a total value estimated at about 11.5 billion riyals, within …

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Saudi’s Keir International Signs $65.8m Contract with SEC

November 21, 2023
Keir International, Saudi Arabia  announces the signing of a contract with the National Grid Company-NG, a subsidiary of Saudi Electricity Company (SEC). The Project is …
Construction

Hassan Allam’s subsidiary awarded Key Contract in King Abdullah Financial District

February 24, 2025
Hassan Allam Holding announces that its subsidiary, Kortech, has been awarded two new additional packages for the MEP Enhancement Works at the King Abdullah Financial …
AI and Data Center

Aramco and Microsoft Signs MOU to help advance industrial AI and digital talent transformation

February 13, 2026
Aramco, one of the world’s leading integrated energy and chemicals companies, and Microsoft have signed a non-binding Memorandum of Understanding (MoU) to help Aramco explore …
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