February 10, 2026
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News

Construction

Oman: DEME and OQ join forces with bp for HYPORT Duqm project

August 2, 2024 Mohammad S
DEME and OQ recently reached an agreement to have bp as an equity partner and operator in the HYPORT Duqm project. bp will acquire a …
Construction

UAE’s DAMAC Signs the Main Works Contract for DAMAC Harbour Lights

August 2, 2024 Mohammad S
DAMAC Properties announces the signing of a new contract with Modern Building Contracting Co. (MBCC), one of the leading construction companies in the UAE. This …
Manufacturing

Saudi’s MAKEEN, Hyundai Signs License Agreement for HiMSEN dual fuel engines

August 1, 2024 Mohammad S
In a significant step to strengthen industrial capabilities in the Kingdom, Saudi Engines Manufacturing Company (MAKEEN) and HD Hyundai Heavy Industries have signed a license …
Finance

Saudi’s PIF Signs MOU worth $50 billion with leading financial institutions

August 1, 2024 Mohammad S
PIF announced in a statement that it has signed six memorandums of understanding (MoUs) worth up to $50 billion with leading financial institutions. These MoUs …
Construction

Saudi’s MODON Signs Contracts Worth $266.6 million to Develop Industrial Cities

August 1, 2024 Mohammad S
The Saudi Authority for Industrial Cities and Technology Zones (MODON) has recently sealed nine substantial contracts with the private sector, totalling over SAR1 billion. These …
Construction

Parsons Awarded over $160 million Contracts in Saudi Arabia

August 1, 2024 Mohammad S
Parsons announces as part of Second Quarter results for 2024, that it has awarded new contracts in Saudi Arabia. The value of the contracts are …
Construction

ROSHN, Aramco to Build Stadium in Khobar

July 31, 2024 Mohammad S
ROSHN, Saudi Arabia’s leading national real estate developer and a PIF company, has announced a collaboration with Aramco, one of the world’s leading integrated energy …
Oil and Gas

UAE: ADNOC’s Offshore SARB Field Commences AI-Enabled Digital Operations

July 31, 2024 Mohammad S
ADNOC announced that its offshore Satah Al Razboot (SARB) field has achieved a 25% increase in production capacity through the implementation of industry-leading advanced digital …
Construction

ROSHN Announces Construction of Iconic 45,000 Seat Stadium in Riyadh

July 31, 2024 Mohammad S
ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a PIF Company, has announced the development of an iconic 45,000-seat stadium spanning over …
Water

Oman: Galfar awarded $90.9 million Contract

July 30, 2024 Mohammad S
Galfar Engineering & Contracting SAOG, Oman announced in a statement that it has awarded the project, “Expansion of Raysut Water Reclamation Plants – Phase III …

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Construction

Oman invite Bids for Al Dhahirah Economic Zone’s Infrastructure Design, Supervision

September 25, 2023
The Public Authority for Special Economic Zones and Free Zones (OPAZ), Oman launched a new tender for Omani companies and Saudi firms through ‘Isnad’ electronic …
Water

Doosan awarded Shoaiba Maintenance services contract

December 24, 2020
Doosan Power Systems Arabia Limited announced in a statement that it has secured two Maintenance Services contract from Saudi Electricity Company (SEC). As part of …
Power

GE Vernova awarded Gas Turbines Contract for Qurayyah Power Plant in Saudi Arabia

May 28, 2025
GE Vernova announced that it has secured an order for five gas turbines related to Qurayyah Independent Power Plant (IPP) Expansion Project of the Eastern …
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