February 6, 2026
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News

Construction

Oman inaugurates $118.4million Wadi Al Jifnain Dam

February 24, 2025 Mohammad S
The Ministry of Agriculture, Fisheries and Water Resources , Oman celebrated the opening of Wadi Al Jifnain Dam in the Wilayat of A’Seeb. The ceremony was …
Construction

Drake and Scull awarded $275.1 million Contracts

February 24, 2025 Mohammad S
Drake and Scull International PJSC (DSI), specializing in contracting services for mechanical, electrical, and plumbing (MEP), as well as oil and gas, water and wastewater …
Manufacturing

Alghanim Industries Expands Saudi Arabia’s Industrial Export Power with New Kirby Facility

February 23, 2025 Mohammad S
Alghanim Industries, one of the MENA region’s largest privately owned companies, has broken ground on a new Kirby Building Systems pre-engineered building (PEB) and structural …
Oil and Gas

Oman’s Sohar Port, Freezone Launches Dredging Operations for Marsa LNG Project

February 23, 2025 Mohammad S
Oman’s SOHAR Port and Freezone has announced the commencement of dredging operations for the Marsa LNG project, a critical step in positioning SOHAR as the …
Power

Raissy awarded $35 million MAADEN BARRICK COPPER Co. 110/13.8kV Substation Project

February 23, 2025 Mohammad S
Raissy Trading & Contracting Co. Ltd., Saudi Arabia announces that it has awarded MAADEN BARRICK COPPER Co. 110/13.8kV Substation Project in Madinah Region. The value …
Construction

Dubai Awards $217.2 million Contract for Al Qudra Street Development Project

February 23, 2025 Mohammad S
Dubai’s Roads and Transport Authority (RTA) has awarded the contract for Al Qudra Street Development Project. The value of the contract is AED 798 million. …
Construction

The Avenues Riyadh: Alghanim International, Al-Ahmadiah awarded $301.6 million Phase 2 Towers

February 23, 2025 Mohammad S
Mabanee announces that its subsidiary in KSA, has signed two contracts for the construction of The Avenues Riyadh- phase2 “towers”. The combined value of the …
Power

ACWA Power Signs Share Purchase Agreement with ENGIE

February 20, 2025 Mohammad S
ACWA Power has announced the signing of a Share Purchase Agreement (SPA) with the regional subsidiary of French utility developer ENGIE, to acquire assets at …
Finance

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

February 20, 2025 Mohammad S
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 …
Construction

Saudi Arabia Launches EOI for Logistics Zone Development in Dammam

February 20, 2025 Mohammad S
Saudi Authority for Industrial Cities and Technology Zones “MODON”, in collaboration with the National Center for Privatization & PPP (NCP), announces the launch of the …

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Oil and Gas

Abraj Energy awarded $280.7 million Drilling Rig Service Contracts with PDO

December 3, 2025
Abraj Energy Services SAOG (Abraj), Oman announces that it has been awarded four contracts from Petroleum Development Oman (PDO). The total expected contract value is …
Oil and Gas

Kuwait: Heisco signs $108.9 million contract with KOC

December 29, 2024
Heavy Engineering Industries & Shipbuilding Co. K.S.C. (HEISCO), Kuwait announced in a statement that it has signed a new contract with Kuwait Oil Company (KOC). …
Power

Tanajib IWSPP Developer shortlisted by Saudi Aramco

February 13, 2020
Saudi Aramco issued a letter of award for the project “Tanajib Independent Water Steam Power Producer (IWSPP)”. The awarding letter issued to the consortium of …
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