Construction
Future Fund Oman announces $2 billion Projects
Future Fund Oman (FFO), the latest investment initiative under Oman Investment Authority (OIA), has announced its first batch of approved investment projects. With a combined …
News
Manufacturing
GlassPoint unveils development for the GlassPoint Ma’aden Technology Showcase
GlassPoint, the leader in decarbonizing industrial process heat, unveiled the next phase of development for the GlassPoint Ma’aden Technology Showcase (GMTS) in partnership with the …
Oil and Gas
UAE’s ENEC, ADNOC to explore use of nuclear technologies for oil, gas operations
The Emirates Nuclear Energy Company (ENEC) announced it has signed a Strategic Collaboration Agreement (SCA) with ADNOC to research and explore developing innovative energy solutions …
Oil and Gas
Oman: Tethys Oil awarded Concession Area 56 development Contract
The Ministry of Energy and Minerals, Oman has awarded a contract for the development of Concession Area 56 to Swedish company Tethys Oil. The concession …
Mining
Saudi Arabia Announces Qualified Bidders for First Mineralized Belts Licensing Round
The Ministry of Industry and Mineral Resources, Saudi Arabia has announced the qualified bidders for its inaugural mineralized belts licensing round. This landmark initiative has …
Hydrogen
Qatar announces Ground Breaking Ceremony for $1.2 billion Blue ammonia plant
Under the patronage of His Highness Sheikh Tamim bin Hamad Al Thani, the Amir of the State of Qatar, His Highness Sheikh Abdullah bin Hamad …
Manufacturing
Vedanta signs $2 billion MOU with Saudi Arabia for significant copper projects
Vedanta Copper International (“VCI”), a wholly-owned subsidiary of Vedanta Ltd. (“VEDL”), India has signed a Memorandum of Understanding (MoU) with the Ministry of Investment and …
Power
Samsung awarded $2.84 billion Qatar’s Facility E IWPP Project
Samsung C&T, South Korea announces that is has received letter of award for the construction of Facility E Independent Water and Power Production Project in …
Power
Sumitomo led consortium Signs Agreement for Facility E independent water and power project in Qatar
Sumitomo Corporation, Japan and Shikoku Electric Power Co.,Inc. Japan, alongside Korea Southern Power Co., Ltd. (“KOSPO”) and Korea Overseas Infrastructure & Urban Development Corporation (“KIND”) …
Construction
Asyad Group Signs Concession Agreement to Develop, Manage A’Suwaiq Port
The Ministry of Transport, Communications and Information Technology, Oman signed a concession agreement with Asyad Group to develop, manage and operate A’Suwaiq Port for 40 …