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December 1, 2025
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Latest Posts
  • [ November 30, 2025 ] Saudi Real Estate Company (Al Akaria) Signs $90.3 million Contract to Develop “Al-Narjis Business Park” in Riyadh Construction
  • [ November 30, 2025 ] India’s Trilegal advises JSW Group for South Minerals Project in Oman Mining
  • [ November 30, 2025 ] Kuwait’s CGC awarded $195.1 million KOC Projects Oil and Gas
  • [ November 28, 2025 ] Daikin Announces Groundbreaking Ceremony of New Manufacturing facility in Jeddah Manufacturing
  • [ November 28, 2025 ] EGA, TAQA, DUBAL Holding and EWEC sign agreements to decarbonise aluminium production Manufacturing
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Finance

Finance

AMEA Power Announces Financial Close on Egypt’s first-ever utility-scale BESS

June 15, 2025 SaudiGulf Projects
AMEA Power, UAE announces that it has reached financial close on Egypt’s first-ever utility-scale Battery Energy Storage System (BESS). The 300MWh BESS Project located in …
Emirates NBD and Siemens signing partnership for green infrastructure financing
Finance

Emirates NBD Partners with Siemens to Boost Green Infrastructure Financing

June 9, 2025 SaudiGulf Projects
Emirates NBD, UAE has partnered with Siemens to announce an innovative finance and resourcing agreement aimed at accelerating the funding of future green infrastructure projects …
Finance

Rabigh 2 Solar IPP: Aljomaih Energy Achieves $220M Financial Close for 300MW Plant

June 1, 2025 SaudiGulf Projects
Aljomaih Energy and Water Company, Saudi Arabia announced that its consortium with France’s TotalEnergies Renewables has achieved financial close on the 300 megawatt (MW) Rabigh …
Construction

Diriyah Company signs $1.6 billion financing agreement with Banque Saudi Fransi

March 13, 2025 SaudiGulf Projects
Diriyah Company, Saudi Arabia announces that it has secured a USD1.6 billion (SAR 6 billion) financing agreement from Banque Saudi Fransi (BSF) to fund the …
Finance

Oman’s Be’ah Signs $132million Financing Agreement with Ahli Islamic Bank

February 20, 2025 SaudiGulf Projects
Oman Environmental Services Holding Company (Be’ah) signed a financing agreement with Ahli Islamic Bank to implement the second phase of the industrial waste treatment facility …
Finance

SWPC announces financial close of Al-Haer Independent Sewage Treatment Plant

February 8, 2025 SaudiGulf Projects
The Saudi Water Partnership Company (SWPC) announces the achievement of the financial close of the Al-Haer Independent Sewage Treatment Plant (ISTP) project in Riyadh. The …
Finance

ROSHN Group Secures SAR 2 Billion Credit Facility from Saudi National Bank

February 5, 2025 SaudiGulf Projects
ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a PIF Company, has agreed a two billion Saudi Riyal Shariah-compliant credit facility with …
Finance

Abu Dhabi’s Khalifa City School project achieves the financial close

January 9, 2025 SaudiGulf Projects
The BESIX-Plenary Group consortium announces that it has achieved the financial close on the Khalifa City School project in Abu Dhabi. The project was procured …
Finance

ACWA Power, HAU Energy achieves financial close for 1.1GW Suez Wind Farm in Egypt

January 5, 2025 SaudiGulf Projects
ACWA Power, Saudi Arabia, together with consortium partner HAU Energy, a subsidiary of Hassan Allam Utilities, have achieved the financial close for the 1.1GW Suez …
Finance

Saudi Electricity Company signs $3.6 billion Credit Facility Agreement

December 12, 2024 SaudiGulf Projects
Saudi Electricity Company (SEC) announces that it has signed USD 3.6 billion (equivalent to SAR 13.5 billion) International Syndicated Credit Facility agreement. The financing entities …

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  • Arabian Construction Company awarded $531 million Trump Tower Jeddah Contract
    Arabian Construction Company awarded $531 million Trump Tower Jeddah Contract
  • Kuwait’s CGC awarded $195.1 million KOC Projects
    Kuwait’s CGC awarded $195.1 million KOC Projects
  • Saudi Real Estate Company (Al Akaria) Signs $90.3 million Contract to Develop “Al-Narjis Business Park” in Riyadh
    Saudi Real Estate Company (Al Akaria) Signs $90.3 million Contract to Develop “Al-Narjis Business Park” in Riyadh
  • Worley awarded Oman Refinery Decarbonization Project
    Worley awarded Oman Refinery Decarbonization Project
  • ACWA Power Announces Financial Close for 15,000 MW Renewable Energy Projects in Saudi Arabia
    ACWA Power Announces Financial Close for 15,000 MW Renewable Energy Projects in Saudi Arabia

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Oil and Gas

UAE’s NPCC and C.A.T awarded $614.9 million Contract from ADNOC

July 3, 2023
UAE’s National Petroleum Construction Company PJSC wholly owned by the National Marine Dredging Company PJSC and Consortium with C.A.T International LTD – Abu Dhabi Branch …
PPP

Saudi Arabia invites EOI for Outfall Pipeline of Dammam ISTP

June 26, 2021
Saudi Water Partnership Company (SWPC) invites Expressions of Interest (EOI) for the development of Outfall Pipeline for Dammam West Independent Sewage Treatment Plant, ISTP. Earlier, …
Finance

ACWA Power led consortium achieves financial close for the US$1.59 billion Red Sea Project

February 24, 2022
A consortium led by ACWA Power, and composed of SPIC Huanghe Hydropower Development Company and Saudi Tabreed Cooling Company, has achieved financial close for the …
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