March 22, 2026
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News

Manufacturing

Oman’s OQ Signs Investment Agreement with Aurum Polymer Solutions to Advance Polymer Manufacturing

February 8, 2026 Mohammad S
Oman’s OQ has signed an investment agreement with Aurum Polymer Solutions to develop a new industrial project in the Al Awahi Industrial Area in Suhar, …
Construction

Oman Hazardous Waste Disposal Center Project Commences Construction

February 8, 2026 Mohammad S
The Oman Industrial Hazardous Waste Treatment Facility (IWTF), a landmark environmental infrastructure project, has officially entered its construction phase, marking a major milestone in enhancing …
Hydrogen

Fertiglobe, Covestro and TA’ZIZ Sign MoU to Explore Strategic Ammonia Collaboration

February 7, 2026 Mohammad S
Fertiglobe, Covestro, and TA’ZIZ have signed a Memorandum of Understanding (MoU) to explore strategic cooperation across the ammonia and nitric acid value chains, marking a …
Hydrogen

Saudi Arabian Refineries Company Signs MoU with AGR Renewable Energy for Green Ammonia Offtake

February 7, 2026 Mohammad S
Saudi Arabian Refineries Company  announced that its wholly owned subsidiary, Clean Energy Company, has entered into a non-binding Memorandum of Understanding (MoU) with AGR Renewable …
Oil and Gas

Yasref Strengthens Strategic Collaboration with SINOPEC and Advances Digital Transformation Through Global Technology Partnerships

February 7, 2026 Mohammad S
Yanbu Aramco Sinopec Refining Company (Yasref) continues to reinforce its long-standing strategic collaboration with SINOPEC through robust operational frameworks designed to ensure reliable energy flows …
Construction

Ashoka Buildcon–BEC Arabia JV Secures $191.2 Million Diriyah II Hotel Construction Contract

February 6, 2026 Mohammad S
Ashoka Buildcon Limited for Contracting has announced that it has successfully secured a major construction contract in the Kingdom of Saudi Arabia through a Joint …
Power

CORNEX Signs 5.5GWh Strategic Energy Storage Partnership to Support Saudi Arabia’s Energy Transition

February 5, 2026 Mohammad S
CORNEX has taken a major step in strengthening its global footprint with the signing of a strategic cooperation agreement with Al Rajhi Electrical and GREENGRID …
Construction

Dubai Signs Agreement for – Dubai Loop Passenger Tunnel Project

February 5, 2026 Mohammad S
On the sidelines of the World Governments Summit (WGS) 2026, Dubai’s Roads and Transport Authority (RTA) has signed a strategic partnership agreement with the US-based …
Oil and Gas

Kuwait’s Burgan Company Awarded $34 million KOC Contract

February 5, 2026 Mohammad S
Burgan Company for Well Drilling, Trading & Maintenance KSCC has announced that it has been officially notified of the award of a major contract by …
Transport

AD Ports Group Signs Agreement to Manage and Operate Aqaba Multipurpose Port in Jordan

February 5, 2026 Mohammad S
AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, signed a 30-year concession agreement with Aqaba Development Corporation (ADC) to …

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Construction

Egis awarded PMC contract for Al Mutlaa City Development Megaproject in Kuwait

March 28, 2023
Egis, an international player active in the consulting, construction engineering and mobility services, has been appointed by the Public Authority for Housing Welfare (PAHW) to …
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). …
Mining

Saudi Arabia Extends Pre-Qualification Deadline for 9th Exploration Licensing Round

May 9, 2025
The Ministry of Industry and Mineral Resources, Saudi Arabia has extended the deadline for pre-qualification applications for the ninth round of exploration license competition to …
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      • The Red Sea Dev.
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