Construction
BEC Arabia awarded $104.5 million Contract from National Medical Care
National Medical Care Co., Saudi Arabia announces the signing a contract for executing for Care Medical new Hospital in Al Narjis, Riyadh, Saudi Arabia. The …
News
Water
Dubai awards $78.6 million Hassyan Water Plant Transmission Network Project
Dubai Electricity and Water Authority (DEWA) has awarded a new contract for works to strengthen Dubai’s water transmission network connected to the Hassyan water plant, …
Power
Saudi Electricity Company and UL Solutions Join Forces to Enhance Fire Safety in Saudi Arabia
UL Solutions, a global leader in applied safety science, announced that it has signed a memorandum of understanding (MOU) with Saudi Electricity Company to collaborate …
Finance
UAE’s ADNOC secures $2 billion K-SURE-backed Green Financing
Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”), has signed a $2 billion (AED7.34 billion) green financing agreement backed by Korea Trade Insurance Corporation (K-SURE) …
Power
Desert Technologies Signs Agreement with Astronergy for 13 MWp PV Modules Supply
Desert Technologies (DT), a leading Saudi renewable energy company, announces the signing of a major supply agreement with Astronergy for 13 MWp of high efficiency …
Construction
UAE’s Modon awards $1.36 billion Construction Contracts
UAE’s Modon has awarded the main construction contract for two of its residential developments on Hudayriyat Island: Nawayef East and Nawayef West. With a total …
Construction
UAE: Khansaheb Civil Engineering awarded $207 million West Residence Contract
Palma Development, one of the pioneering developers in the UAE real estate industry, has awarded a contract to deliver the West Residence, a 46-storey tower, …
Water
Dubai awards $58.8 Million Contract to Enhance Water Transmission Network
Dubai Electricity and Water Authority (DEWA) has awarded a contract valued at AED 216 million for a strategic infrastructure project aimed at strengthening the efficiency, …
Finance
ADNOC, Eni and PTTEP Secures Structured Financing of up to $11 Billion for Hail and Ghasha Gas Development
Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”), in partnership with Eni S.p.A. (“Eni”) and PTT Exploration and Production Public Company Limited (“PTTEP”), announced the …
AI and Data Center
HUMAIN and stc Group Signs Strategic JV to Build AI Data Centers
stc group, a leading global digital enabler, through its dedicated digital infrastructure subsidiary center3 and HUMAIN, a PIF company delivering full-stack artificial intelligence capabilities globally, …