March 31, 2026
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News

Power

Hyundai E&C awarded $389 million OHTL Contracts in Saudi Arabia

February 17, 2025 Mohammad S
Hyundai Engineering & Construction Co. (E&C), South Korea announces that it has awarded new 380kV Overhead Transmission line (OHTL) Contracts in Saudi Arabia. The combined …
Mining

Construction Works Starts on $7.4 billion Ma’aden’s Phosphate 3 project

February 17, 2025 Mohammad S
Governor of the Northern Borders Region Prince Faisal bin Khalid bin Sultan bin Abdulaziz has inaugurated several development and investment projects in Wa’ad Al Shamal …
Construction

Oman Announced Tender for Dry Port Construction for Economic Zone at Al Dhahirah

February 17, 2025 Mohammad S
The Public Authority for Special Economic Zones and Free Zones (OPAZ), Oman announced the launch of the third package tender for the development of Economic …
Manufacturing

Oman Signs MOU to Develop Advanced Artificial Intelligence Semiconductor Chips

February 17, 2025 Mohammad S
The Ministry of Transport, Communications, and Information Technology, Oman signed a Memorandum of Understanding (MoU) with AONH Private Holdings to formalize mutual cooperation to develop …
Power

Al-Babtain Power and Telecom awarded $104 million Steel Towers Supply Contract

February 17, 2025 Mohammad S
Al-Babtain Power and Telecommunication Co., Saudi Arabia Announces that it has signed a contract with Larsen & Toubro Saudi Arabia LLC (L&T) Company. The value …
Power

Oman Receives Bids for 500MW Ibri III Solar IPP

February 17, 2025 Mohammad S
Nama Power & Water Procurement, Oman announces the list of bidders who submitted bids for the development of Ibri III Solar IPP,  in Ibri in …
Construction

National Medical Care awards $24.4 million Construction Contract

February 16, 2025 Mohammad S
National Medical Care Co., Saudi Arabia announces the awarding of a contract for the construction skeleton for the first phase of the new Care Medical …
Construction

ROSHN Group Signs $400 million Agreements

February 15, 2025 Mohammad S
ROSHN Group, the Kingdom’s leading multi-asset class real estate developer and a PIF company, reinforced its commitment to fostering local content and driving economic growth …
Power

EDF and TAQA Geothermal Sign MoU to Advance Geothermal Energy in Saudi Arabia

February 15, 2025 Mohammad S
EDF Saudi Arabia and TAQA Geothermal Energy Company have signed a strategic Memorandum of Understanding (MoU) to collaborate on geothermal energy technologies including power generation …
Construction

Saudi’s “Rua Al Madinah Holding” Signs Two Contracts at the PIF Private Sector Forum

February 15, 2025 Mohammad S
Rua Al Madinah Holding, a PIF company, has signed two contracts as part of its efforts to accelerate the development of Rua Al Madinah Project, …

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Finance

Saudi’s Miahona and Thabat achieves Financial Close for Ras Tanura Industrial Wastewater Treatment Plant

May 12, 2024
The consortium of Miahona Company and Thabat Construction Company has successfully achieved the financial close of the Ras Tanura Industrial Wastewater Treatment Plant (IWWTP) for …
Hydrogen

ACWA Power Signs agreement to develop a Green Hydrogen facility in Uzbekistan

January 19, 2023
ACWA Power, Saudi Arabia announced in a statement that it has signed extensive heads of terms agreements to develop a green hydrogen facility and a …
Oil and Gas

Fugro awarded contract from QatarEnergy

March 29, 2022
Fugro announced in a statement that it has won a contract to deliver a high-value multi-year seabed Geo-data acquisition and geo-consultancy services to QatarEnergy as …
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