Power
Saudi’s ROSHN Secures $2.4 billion Syndicated Credit Facility
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. …
News
Construction
UAE’s Azizi Developments to set up $272.2 million factories in KEZAD
Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones, and UAE-based Azizi Developments today announced the signing …
Construction
UAE’s Alef Group launches $680.7 million Olfah project
Alef Group, the leading real estate development company in the Emirate of Sharjah, has announced the launch of its latest residential project, Olfah. Positioned as …
Power
EWEC Invites EOI for 1,500 MW Zarraf Solar PV IPP
EWEC (Emirates Water and Electricity Company),UAE invites developers and developer consortiums to submit an Expression of Interest (EOI) for the development of a new Solar …
Power
Bahrain inaugurates $85 million water and electricity stations in Hidd City
Shaikh Khalid bin Abdullah Al Khalifa, Deputy Prime Minister, inaugurated a 220 kV electricity transmission station and a water distribution station in the Al Hidd …
Oil and Gas
Oman Launches New Package of Oil, Gas Concession Areas
The Ministry of Energy and Minerals, Oman announced the launch of a new package of oil and gas concession areas distributed between marine and onshore …
Water
MOAJ Holding, MediSun Energy Signs JV to drive innovative energy solutions
MediSun Energy and MOAJ Holding are pleased to announce the formation of MediSun Arabia, a joint venture designed to drive innovative energy solutions and tackle …
Oil and Gas
UAE’s ADNOC Drilling Signs Turnwell Agreements and Accelerates Initial $1.7 Billion Unconventionals Campaign
ADNOC Drilling Company PJSC (ADNOC Drilling) announced the creation of the Turnwell joint venture with SLB and Patterson-UTI and the acceleration of its 144 unconventional …
NEOM
NEOM and Hyatt announces Two Hotels in Magna
Hyatt announces plans for the debut of two Hyatt-branded hotels in Jaumur, one of Magna’s destinations, located on the coast of Gulf of Aqaba. Park …
Power
Elsewedy Electric, Siemens Energy awarded 1,200 MW Rabigh Combined Cycle Power Plant
Elsewedy Electric PSP has been awarded the turnkey EPC contract for the Rabigh Combined Cycle Power Plant by Saudi Electricity Company (SEC). The value of …