Finance
Hafeet Rail Signs $1.5 billion Financing Agreements
Hafeet Rail has signed the bank financing of the Hafeet Rail network project connecting the Port of Sohar with the United Arab Emirates (UAE), with …
News
Construction
China Tiesiju Civil Engineering Group awarded $54.4 million Contract from DarGlobal
DarGlobal, the international luxury real estate developer, announced in a statement that it has appointed of China Tiesiju Civil Engineering Group Co. Ltd as the …
Power
Saudi Arabia announces Qualified Bidders for Development of Power Plant at Empty Quarter – Rub’al Khali
The Zakat, Tax, and Customs Authority (ZATCA) in collaboration with the National Center for Privatization & PPP (NCP), Saudi Arabia announces the list of qualified …
Construction
UAE’s NMDC awarded $1.37 billion Contract
NMDC Group PJSC, UAE announced in a statement that it has received a letter of award for a new Project in Abu Dhabi. The total …
Oil and Gas
Baker Hughes awarded Largest Integrated Compressor Line Contract in Dubai
Baker Hughes, an energy technology company, announced its largest order ever of Integrated Compressor Line (ICL) units with Dubai Petroleum Establishment (DPE), for and on …
Water
Alkhorayef awarded SAR 39.3 million O&M Contract
Alkhorayef Water and Power Technologies Co., Saudi Arabia Announces the awarding of Contract for “Operation & Maintenance of Water Treatment Plants and Sewage Treatment Plants …
Construction
Saudi’s Ladun Investment Co. Signs Partnership Agreement for $220.5 million Project
Ladun Investment Company, Saudi Arabia announces the signing of a partnership agreement with Mawten Real Estate Company to develop a mixed-use real estate project to …
NEOM
NEOM establishes $186.6 million ready-mix concrete facility
NEOM, the sustainable region progressing rapidly in northwest Saudi Arabia, has announced a partnership with Asas Al-Mohileb to establish and operate a SAR 700 million …
Oil and Gas
QatarEnergy, Shell Signs 20 year naphtha Supply Agreement
QatarEnergy has announced entering into a long-term naphtha supply agreement with Singapore-based Shell International Eastern Trading Company (Shell). The 20-year agreement stipulates the supply of …
Construction
Dubai’s Expo City unveils new master plan
Expo City Dubai, the destination that hosted the 2020 World Expo and UN Climate Change Conference COP28, has unveiled its new master plan, offering unrivalled …