February 11, 2026
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News

Hydrogen

Broaden Energy to invests AED 1 billion for hydrogen equipment manufacturing complex in UAE

June 14, 2024 Mohammad S
The Abu Dhabi Department of Economic Development (ADDED) announced the signing of a Memorandum of Understanding (MoU) with Broaden Energy, a global leader in hydrogen …
Oil and Gas

Aramco and NextDecade announce Heads of Agreement for offtake of LNG

June 13, 2024 Mohammad S
Aramco, one of the world’s leading integrated energy and chemicals companies, and NextDecade Corporation (NextDecade) announced today that their respective subsidiaries have executed a non-binding …
Manufacturing

Jereh signs strategic agreement with Jebel Ali Free Zone

June 13, 2024 Mohammad S
Jereh Group announced in a statement that it has inked a strategic pact with Jebel Ali Free Zone (Jafza), the leading free trade zone in …
Oil and Gas

QatarEnergy, India’s Haldia Petrochemicals Signs agreement for Two Million tons of naphtha

June 13, 2024 Mohammad S
QatarEnergy has entered into an agreement to supply India’s Haldia Petrochemicals Limited (HPL) with a total of up to two million tons of naphtha to …
Oil and Gas

UAE’s ADNOC signs second long-term Heads of Agreement for Ruwais LNG project

June 13, 2024 Mohammad S
ADNOC announced the signing of a 15-year Heads of Agreement (LNG agreement) with SEFE Marketing & Trading Singapore Pte Ltd., a subsidiary of Germany’s SEFE …
Finance

GCCIA, Kuwait Fund signs $114.2 million loan Agreement for interconnection Project

June 13, 2024 Mohammad S
GCC Interconnection Authority (GCCIA) and Kuwait Fund (Kuwait Fund for Arab Economic Development) have signed a Loan Agreement in the amount of 35 Million KD for …
Oil and Gas

Technip Energies, JGC and NMDC Energy awarded $5.5 billion contract for ADNOC’s Ruwais LNG project in the UAE

June 13, 2024 Mohammad S
Technip Energies, leader of a joint venture (TJN RUWAIS JV) with JGC and NMDC Energy, have been awarded a major contract by ADNOC for the …
Oil and Gas

Wood awarded $46 million contract by TotalEnergies in Iraq

June 12, 2024 Mohammad S
Wood, a global leader in consulting and engineering, announced in a statement that it has been awarded a new $46 million, three-year contract by TotalEnergies …
Manufacturing

Saudi’s Ceer Signs $2.18 billion Contract for the Supply of Hyundai Transys’ Advanced Electric Vehicle Drive Systems

June 11, 2024 Mohammad S
Ceer, Saudi Arabia’s first electric vehicle (EV) brand and original equipment manufacturer (OEM) announced in a statement that it has signed a SAR 8.2 billion …
Solar PV Image
Power

Saudi Arabia issued RFQ for Development Of Power Plant At Empty Quarter – Rub’al Khali

June 11, 2024 Mohammad S
Zakat Tax and Customs Authority (ZATCA), Saudi Arabia in collaboration with the National Center for Privatization & PPP (NCP), is announces the launch of the …

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Construction

Webuild awarded $600 million Contract in Diriyah, Saudi Arabia

July 14, 2025
Italy’s Webuild strengthens its presence in Saudi Arabia with new works worth approximately USD 600 million (100% for the Group) as part of the Diriyah …
Finance

Saudi Arabia’s PIF Announces Successful Completion of USD 3bn Inaugural Bond

October 6, 2022
The Public Investment Fund (PIF) announced in a statement that it has completed its first-ever bond issuance, first-ever century green bond, raising USD 3 billion …
Power

Saudi Arabia issues RFP for 2,000 MW Battery Energy Storage Systems

February 5, 2025
Saudi Power Procurement Company (SPPC) issued the Request for Proposals (RFP) to the  Qualified Bidders for Group 1 Battery Energy Storage Systems (BESS). The Combined …
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