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HomePress Releases

Press Releases

Press Releases

ACWA Power signs strategic agreements with nine Chinese entities

December 9, 2022 Mohammad S
ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, signed a series of Memorandums of …
Press Releases

Egis signs agreement to acquire U+A – Middle East

December 6, 2022 Mohammad S
U+A is an innovative, multidisciplinary design practice that brings expertise in various disciplines, from architecture and interior design to master planning, landscape design, and construction …
Press Releases

Saudi’s PIF establishes Aseer Investment Company

December 2, 2022 Mohammad S
The Public Investment Fund (PIF), Saudi Arabia announced the establishment of Aseer Investment Company (AIC) to operate as its investment arm in the Aseer region …
Press Releases

Saudi Jordanian Investment Fund signs contract with Dar-Al Handasah Consultants

November 25, 2022 Mohammad S
The Saudi Jordanian Fund for Medical and Educational Investments Company (SJFMEI), a wholly-owned subsidiary of the Saudi Jordanian Investment Fund (SJIF), signed a contract with …
Power

ENGIE Consortium to develop a 3 GW wind farm in Egypt

November 10, 2022 Mohammad S
ENGIE announced in a statement that, a Memorandum of Understanding (MOU) was signed, on the 8th of November, by consortium partners Orascom Construction PLC, Toyota …
Press Releases

Daze branches out with a new showroom on King Abdulaziz Street, Buraydah

November 8, 2022 Mohammad S
The inauguration of Daze’s newest branch was held on November 6 in presence of the owners Dr. Nasser Al Tayyar, CEO Mr. Hussein El Batal …
Press Releases

ACCIONA Introduces Cutting-Edge Construction Materials in its Works to Cut emissions by 36%

November 3, 2022 Mohammad S
ACCIONA will reduce by 36% the carbon footprint generated by two construction projects—a public school in Torrevieja (Alicante) and a submarine dock in the Naval …
NEOM

Egis and CERTIFER appointed as an Independent Safety Assessor for NEOM’s THE LINE urban development project

October 31, 2022 Mohammad S
NEOM has appointed Egis, its subsidiary AuditSafe, and its partner Certifer to act as the Independent Safety Assessor (ISA) for the railway system in THE …
Press Releases

Masdar opens office in Saudi Arabia to strengthen presence in renewable energy market

October 28, 2022 Mohammad S
Masdar has pledged to strengthen its support for Saudi Arabia’s clean energy objectives by opening a new dedicated office in the Kingdom. Masdar will also …
Press Releases

BEEAH launches Marasi: a digital manifest platform for integrated waste management at ports

October 18, 2022 Mohammad S
BEEAH Environment Services, the environmental consulting, research, and innovation business of Middle East sustainability pioneer BEEAH Group, announced the launch of MARASI, a new online …

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Elsewedy Electric announces the signing of a contract for new power transformers manufacturing facility in Dammam Third Industrial City, Saudi Arabia. This milestone took place …
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Bahrain announces AlDur Phase 3 IWPP Consultancy services Bid Prices

May 29, 2023
The Electricity and Water Authority (EWA), Bahrain received the commercial bids for the consultancy services of AlDur Phase 3 power and water plant. Following bidders …
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L&T wins EPCI Contract from Saudi Aramco for 28 Jackets

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Indian Construction firm, Larsen & Toubro (L&T) on Thursday (22-August-2019) issued a statement that, it has been awarded a project by Saudi Aramco for offshore …
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