March 16, 2026
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Power

Finance

JBIC Signs Financing Agreement for Yanbu Wind Power Generation Project in Saudi Arabia

January 27, 2026 Mohammad S
The Japan Bank for International Cooperation (JBIC) signed a loan agreement in project financing amounting up to approximately USD152 million (JBIC portion) with RIYAH AL …
Power

Qatar’s Nebras Energy Announces Winning of 2.5GW Power Generation Projects in Oman

January 25, 2026 Mohammad S
Nebras Energy (formerly Qatar Electricity & Water Company), through one of its subsidiaries, has won two contracts to develop natural gas‑fired combined-cycle gas turbine (CCGT) …
Power

Kuwait Signs Strategic MoU to Develop Co-Generation Power Plant in Ratqa

January 25, 2026 Mohammad S
Kuwait has taken a significant step toward advancing energy integration and sustainability with the signing of a strategic Memorandum of Understanding (MoU) to explore the …
Power

Masdar Signs Agreement to Develop 1GW round-the-clock clean energy project in Uzbekistan

January 23, 2026 Mohammad S
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, has signed a collaboration agreement with Emirates Utilities Development Company (EUDC) and …
Power

ACCIONA Remains ‘Top Employer’ In Qatar, Together With Eleven Of Its Main Markets

January 22, 2026 Mohammad S
ACCIONA has been recognized as a Top Employer in Qatar for the second consecutive year, reinforcing its position as the only Spanish company to renew …
Power

Oman Awards $2.5 billion Worth Power Generation Projects in Misfah and Duqm

January 22, 2026 Mohammad S
Oman’s Nama Power and Water Procurement (PWP) signed power purchase agreements (PPA) with a Nebras-led consortium and a KOWEPO-led consortium for the development of combined …
Power

Saudi Electricity Co. Signs $1.4 billion Rabigh 1 Power Plant Expansion Project

January 22, 2026 Mohammad S
Saudi Electricity Company (SEC) has announced the signing of an Energy Conversion Agreement (ECA) for the purchase of energy produced from the Rabigh 1 Expansion …
Power

Qatar Invite Bids for Consultancy Services of First Major Battery Energy Storage System (BESS) Project

January 21, 2026 Mohammad S
Qatar General Electricity & Water Corporation (Kahramaa) has announced the invitation of bids for Consultancy Services related to its landmark Battery Energy Storage System (BESS) …
Power

Oman: Pile Foundation Works Officially Started for the Ibri III PV & Energy Storage Project

January 20, 2026 Mohammad S
China Power Engineering International Company Announces that, the pile foundation construction officially began at the Oman Ibri Phase III 700 MW photovoltaic (PV) + 150 MWh …
Finance

GCC Interconnection Authority and Kuwait Fund Sign Additional Financing Agreement to Strengthen Regional Power Grid

January 18, 2026 Mohammad S
The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Kuwait Fund for Arab Economic Development have signed an additional financing agreement valued at KWD 8 …

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Saudi Arabia: Firms announces financial close of Taiba 2, Qassim 2 Power Plants

July 13, 2024
Aljomaih Energy & Water Co. and its consortium members Ajlan & Bros Group, Buhur for Investment Company, and the EDF Group, achieved the financial close …
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SNC-Lavalin awarded PMO Contract in Saudi Arabia

December 16, 2021
SNC-Lavalin announced in a statement that it has been awarded program management office (PMO) consultancy services contract by The Royal Commission for Riyadh City (RCRC) …
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Oman awards $207.8m Contracts to Repair Damaged Roads

October 13, 2022
The Ministry of Transport, Communications and Information Technology, Oman awards the contracts to repair the damanged roads. The value of the contracts are over OMR …
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