February 7, 2026
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News

Finance

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

February 8, 2025 Mohammad S
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 …
Oil and Gas

Técnicas Reunidas awarded $3.39 billion Contract in UAE

February 6, 2025 Mohammad S
Técnicas Reunidas, Spain announced in a statement that it has secured a new Oil & Gas contract in UAE. The value of the contract is …
Water

ACWA Power Signs Ras Mohaisen IWP Agreement

February 5, 2025 Mohammad S
ACWA Power Co. announces signing a water purchase agreement (WPA) between Ras Mohaisen First Water Desalination Company, (the project company), and the Saudi Water Partnership …
Power

Saudi Arabia issues RFP for 2,000 MW Battery Energy Storage Systems

February 5, 2025 Mohammad S
Saudi Power Procurement Company (SPPC) issued the Request for Proposals (RFP) to the  Qualified Bidders for Group 1 Battery Energy Storage Systems (BESS). The Combined …
Construction

Oman awards Contract Worth $377.3 million

February 5, 2025 Mohammad S
The Tender Board, Oman held its first meeting of the year (2025) during which it awarded a number of tenders and additional works complementing development …
PPP

SWPC Signs $693 million Worth Ras Mohaisen Independent Water Plant Project

February 5, 2025 Mohammad S
Under the patronage and in the presence of His Royal Highness Prince Dr. Hussam bin Saud bin Abdulaziz, Emir of Al-Bahah Region, His Excellency, the …
Finance

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

February 5, 2025 Mohammad S
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 …
Manufacturing

L&T awarded a Major Expansion Project for a reputed Steel Producer

February 4, 2025 Mohammad S
The Minerals & Metals (M&M) business vertical of L&T will set up a Pellet Plant and a Direct Reduction of Iron (DRI) Plant for a …
Oil and Gas

Oman’s Abraj Energy awarded three rigs extension Contract

February 4, 2025 Mohammad S
Abraj Energy Services, Oman announces the award of an extension for three of its rigs with Petroleum Development Oman (PDO). The extension includes two rigs …
Oil and Gas

Oman launches new investment opportunities in the Oil and Gas

February 4, 2025 Mohammad S
The Ministry of Energy and Minerals in the Sultanate of Oman has announced the launch of new investment opportunities in the Oil and Gas in …

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Nokia awarded Bahrain’s distribution network automation contract

November 19, 2021
Nokia announced in a statement that it has been selected to build a secure, private LTE network (pLTE) for Bahrain’s Electricity and Water Authority (EWA) …
Mining

Saudi-Chinese Business Forum attracts $1.74 billion Investment Agreements

September 26, 2025
Saudi Arabia’s Minister of Industry and Mineral Resources Bandar Alkhorayef witnessed the signing of 42 investment agreements between Saudi and Chinese companies, valued at over …
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Joby Aviation, Inc. , a company developing electric air taxis for commercial passenger service, and the General Authority of Civil Aviation (GACA) of the Kingdom …
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