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HomePress Releases

Press Releases

Press Releases

Red Sea Global brings Sustainable Aviation Fuel to the Kingdom for the first time

February 26, 2025 Mohammad S
Red Sea Global (RSG), the developer behind regenerative tourism destinations The Red Sea and AMAALA, has announced a deal to bring Sustainable Aviation Fuel (SAF) …
Press Releases

Saudi’s SEVEN Partners with TAWAL to Build Advanced Digital Infrastructure

February 10, 2025 Mohammad S
Saudi Entertainment Ventures (SEVEN), part of Qiddiya Investment Company (QIC), a wholly owned Public Investment Fund (PIF) entity, has entered into a strategic agreement with …
Press Releases

Matarat and Egis Honoured with the Global Project Excellence Award for Project Management Excellence

January 28, 2025 Mohammad S
Matarat Holding, in partnership with Egis, a global leader in architecture, consulting, construction engineering and mobility services, has been awarded the distinguished Project Management Office (PMO) …
Construction

Diriyah Company Awards US$113.6 Million Design Contract to Omrania for the Boulevard District

January 9, 2025 Mohammad S
Diriyah Company has awarded a major US $113.6 million (SAR 426.3 million) architecture and design contract to Riyadh-based Omrania, part of the Egis group, and …
Press Releases

STATS Group announces a significant expansion of its operations in the Kingdom of Saudi Arabia

December 15, 2024 Mohammad S
STATS Group (STATS) announced a significant expansion of its operations in the Kingdom of Saudi Arabia, marking a strategic milestone in the company’s global growth. …
Press Releases

Saudi Arabia to host FIFA World Cup 2034

December 12, 2024 Mohammad S
Saudi Arabia has promised to deliver “a tournament of a lifetime” after being selected as host of the FIFA World Cup 2034™ during an extraordinary …
Press Releases

Egis in the Middle East Awarded Prestigious BSI BIM Kitemark™, Reinforcing Leadership in Digital Engineering

December 9, 2024 Mohammad S
Egis, a global leader in architecture, consulting, construction engineering and mobility services, has announced a significant milestone: the successful attainment of the highly coveted BSI …
Press Releases

L&T Unveils Breakthroughs in Clean Energy at Dubai’s WETEX 2024

October 4, 2024 Mohammad S
Larsen & Toubro (L&T), the Indian multinational technology and engineering giant, showcased significant advancements in clean energy, electricity, and water systems at the Water, Energy, …
Press Releases

L&T carves out Renewable Business Vertical amid energy transition led growth in its Infrastructure Segment

September 2, 2024 Mohammad S
Effective 1st September 2024, Larsen & Toubro has carved out a separate business vertical for Renewable EPC out of its Power Transmission & Distribution business, …
Press Releases

Emaar recorded impressive growth of 56% in group property sales in H1 2024

August 8, 2024 Mohammad S
Emaar Properties PJSC (DFM: EMAAR) has released its financial results for the first half of 2024, showcasing consistent resilient performance and operational efficiency across its …

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Arada, UAE announced in a statement that it has awarded two major contracts together, totalling AED460 million, to build the first residential district at Masaar, …
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