March 28, 2026
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Construction

Saudi Arabia awards SR192.4 billion Contracts in 2022

May 2, 2023 Mohammad S
Source: U.S.-Saudi Business Council  (USSBC) The construction sector continued its ascension during 2022 as the value of awarded contracts returned to pre-pandemic levels. The value of …
Construction

Aramco, Baosteel and PIF sign agreement to establish first integrated steel plate manufacturing complex in Saudi Arabia

May 1, 2023 Mohammad S
​Aramco, one of the world’s leading integrated energy and chemicals companies, Baoshan Iron & Steel Co., Ltd. (Baosteel), the world’s leading steel conglomerate, and the …
Construction

Wynn Resorts unveils $3.9bn Wynn Al Marjan Island

April 27, 2023 Mohammad S
Wynn Resorts, Limited has announced the name of its new multi-billion-dollar integrated resort, debuting in Ras Al Khaimah in the United Arab Emirates (UAE): Wynn …
Construction

Saudi developer Retal awarded $111.5m Contract

April 26, 2023 Mohammad S
Retal Urban Development Company, Saudi Arabia announces that it has signed a Conditional Development Agreement with the National Housing Company to develop residential villas within the master …
Construction

UAE’s Al Hamra awards infrastructure works contract for Falcon Island

April 26, 2023 Mohammad S
Al Hamra, the leading lifestyle developer and investment company in Ras Al Khaimah, UAE announced that its newly launched residential project, Marina Residences Phase 3, …
Construction

$230m Ferroalloy, Wrapping Paper Unit to be setup in Oman

April 25, 2023 Mohammad S
Salalah Free Zone, a subsidiary of Asyad Group, Oman signed an agreement to establish a project for processing ferrous alloys and high-quality recycled wrapping paper. …
Construction

Saudi’s Rua Al Madinah awards $160m Contracts

April 18, 2023 Mohammad S
Rua Al Madinah Holding, Saudi Arabia announced that it has signed four contracts with Saudi companies worth SR600 million ($159.76 million) during the Public Investment …
Construction

$89m Construction Contract awarded for UAE’s Jubail Island

April 13, 2023 Mohammad S
Jubail Island has announced the AED 327 million contract award to Construction General Contracting House Ltd (CGCH) for its new 242-unit Jubail Terraces community in …
Construction

Qatar’s Estithmar Holding Subsidiary awarded MEP Works for three Hotels in Saudi Arabia

April 11, 2023 Mohammad S
Estithmar Holding Q.P.S.C announced in a statement that, its Subsidiary “Elegancia Arabia Trading Company”, has been awarded the MEP Package Works for the Prestigious Central …
Construction

Mitsui, Kobe Steel to Establish Metallics Project in Oman

April 10, 2023 Mohammad S
The Public Authority for Special Economic Zones and Free Zones (OPAZ), Oman signed a Memorandum of Understanding (MoU) with Kobe Steel, a leading Japanese steel …

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Kuwait awards $14.4m oil flowline contract

February 14, 2022
AL-MEER TECHNICAL SERVICES CO. W.L.L, Kuwait awarded a contract from Kuwait Oil Company (KOC) for Flowline and Associated Works. The value of the contracts is …
Oil and Gas

Aramco and Technip Energies Signs MOU to explore integrated robotics solutions

October 15, 2024
Aramco and Cybernetix, a subsidiary of Technip Energies, have recently signed a Memorandum of Understanding (MoU) to explore opportunities relating to integrated robotics solutions for …
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Bahrain launches tender for 72 MW solar plant

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The Kingdom of Bahrain launched its tendering process to award a 20 years contract for local or international bidders to build, own, operate, and maintain …
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