February 8, 2026
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News

Construction

Retal Urban Development Co awarded $93 million Contract

December 17, 2024 Mohammad S
Retal Urban Development Company, Saudi Arabia announces signing of a contract to construct residential units in Al-Fursan district located in Riyadh city. The value of …
Construction

Riyadh Development Company, FTG Development to Develop $933.3 million Projects

December 17, 2024 Mohammad S
Riyadh Development Company (ARDCO) announces the signing of an agreement to establish a real estate investment fund between Riyadh Development Company, the Sports Boulevard Company …
Construction

Diriyah Company awarded $202.2 million contract to China Harbour Engineering Company

December 17, 2024 Mohammad S
Diriyah Company, the dynamic mixed-use developer behind the transformation of Diriyah, The City of Earth, has awarded a SAR 758.5 Million ($202.2 million) contract to …
Construction

PIF’s Dan Company awards Construction Contract to Al-Tamimi

December 16, 2024 Mohammad S
Dan Company a PIF company specializing in agritourism, ecotourism, and adventure tourism, announced the signing of a contract with Abdulmohsen Al-Tamimi Contracting Company to develop …
Oil and Gas

ADNOC’s XRG, bp to launch new natural gas platform ‘Arcius Energy’

December 16, 2024 Mohammad S
XRG and bp announced they have reached financial close and completed the formation of their new joint venture (JV) and international natural gas platform – …
Power

UAE’s Drydocks World in partnership with GE Vernova awarded Ostwind 4 project in Germany

December 16, 2024 Mohammad S
Drydocks World, in partnership with GE Vernova, has secured a landmark project to build and install Ostwind 4, a two-gigawatt (GW) offshore wind grid connection …
Oil and Gas

ADNOC, EnBW Signs LNG Supply Agreement

December 16, 2024 Mohammad S
ADNOC announced that it has signed a third Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquefied natural gas (LNG) project, with Germany’s EnBW …
Transport

AD Ports Group inaugurates $845 million CMA Terminals Khalifa Port

December 15, 2024 Mohammad S
AD Ports Group (ADPORTS:ADX), an enabler of integrated trade, transport and logistics solutions, announced the inauguration of CMA Terminals Khalifa Port, a state-of-the-art, AED 3.1 …
Oil and Gas

QatarEnergy acquires Offshore exploration Block in Namibia

December 15, 2024 Mohammad S
QatarEnergy announces that it has entered into an agreement with Harmattan Energy Limited (HEL), an indirect subsidiary of Chevron Corporation, to acquire a working interest …
Press Releases

STATS Group announces a significant expansion of its operations in the Kingdom of Saudi Arabia

December 15, 2024 Mohammad S
STATS Group (STATS) announced a significant expansion of its operations in the Kingdom of Saudi Arabia, marking a strategic milestone in the company’s global growth. …

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Power

Saudi’s ROSHN Secures $2.4 billion Syndicated Credit Facility

October 1, 2024
Saudi Arabia’s leading multi-asset class real estate developer and a PIF Company, has secured a nine billion Saudi Riyal (USD 2.4 billion) syndicated credit facility. …
Oil and Gas

Bapco receives the lowest bid of USD 19.6 million for Engineering Services

May 20, 2020
Bahrain Petroleum Company, Bapco receives the bids for the Provision of Specialist Engineering Services. A total of Nine bidders has submitted the proposals. US based …
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Kuwait invited bids for consultancy services of 3GW Renewable energy projects

May 24, 2021
The Kuwait Authority for Partnership Projects (KAPP) in association with Ministry of Electricity and Water (MEW) invites consultants to submit advisory services for the proposed …
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