April 27, 2026
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Home2026April

Month: April 2026

Oil and Gas

Saipem Awarded $400 million Offshore Contracts in Saudi Arabia

April 16, 2026 Mohammad S
Global engineering and construction firm, Saipem has been awarded two offshore contracts in the Kingdom of Saudi Arabia, known as Contract Release Purchase Orders (CRPO), …
AI and Data Center

Saudi Energy Signs Final Agreements with Kraken – AI Company

April 15, 2026 Mohammad S
Saudi Energy announced the signing of final agreements to establish a strategic partnership with Kraken Technologies Limited, one of the world’s leading companies in AI-powered …
Construction

PIF Board of Directors Approves PIF 2026-2030 Strategy

April 15, 2026 Mohammad S
Next phase of PIF strategy sets out roadmap to 2030, as PIF continues to drive the economic transformation of Saudi Arabia Strategy focuses on maximizing …
Transport

UAE and Jordan Signs Agreement to develop Railway Network in Jordan

April 15, 2026 Mohammad S
His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, and Dr. Jafar Hassan, Prime Minister …
Press Releases

Boutique Group and King Abdulaziz Public Library Sign MOU to Enrich Cultural and Heritage Collaboration

April 15, 2026 Mohammad S
Boutique Group, a hospitality company fully owned by the Public Investment Fund, today announced the signing of a Memorandum of Understanding (MoU) with King Abdulaziz …
Power

Alfanar Projects Awarded Jubail–Buraidah IWTP 380kV Substation Project

April 15, 2026 Mohammad S
Mutlaq Al-Ghowairi Contracting Company (MGC) has announced the award of a major construction contract for a 380kV substation as part of the Jubail–Buraidah Independent Water …
Construction

CITIC Middle East Awarded $490 million Construction Contract from Amaal Emirates

April 15, 2026 Mohammad S
Amaal, the visionary Emirati-founded real estate developer, has appointed CITIC Middle East Contracting LLC as the main contractor for MANSORY Residences, the world’s first MANSORY-branded …
Manufacturing

Al Yamamah Steel Industries Announces Contract Signing for Yanbu Wind Farm Project

April 15, 2026 Mohammad S
Al Yamamah Steel Industries Co. has announced the signing of a significant contract with SEPCO3 Electric Power Construction Co., Ltd. (Branch) for the supply of …
Construction

MGB International Secures Construction Contract from ROSHN Group for Marafy Al Arous Development

April 15, 2026 Mohammad S
MGB International for Industry, an indirect wholly owned subsidiary of MGB Berhad has announced that it has received a Letter of Award from ROSHN Group …
Oil and Gas

Oman and Japan Signs Memorandum of Cooperation on the Joint Crediting Mechanism (JCM)

April 14, 2026 Mohammad S
The Ministry of Energy and Minerals, on behalf of the Government of the Sultanate of Oman, has signed a Memorandum of Cooperation with the Government …

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Saudi’s Retal signs $320m infrastructure development agreement in Jubail

November 27, 2023
Retal Urban Development Company, Saudi Arabia signed a contract to develop primary and secondary infrastructure works in addition to design and construct 897 residential units …
Power

SEC receives Bids for 1,000 MW Battery Energy Storage System Projects

April 22, 2025
Saudi Electricity Company (SEC) receives Bidders Proposals for Battery Energy Storage Systems (BESS) having Combined Capacity of 1,000 MW. The Project location is in Tabuk …
Oil and Gas

Svitzer awarded New Contract with Oman LNG

February 3, 2025
Svitzer announces that it has signed a large, 9-year terminal towage contract with Oman Liquefied Natural Gas LLC (Oman LNG), a joint venture company established …
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