AI and Data Center
Oman establishes AI Special Zone in Muscat
His Majesty Sultan Haitham bin Tarik of Oman has issued Royal Decree No. (50/2026) on establishing an Artificial Intelligence Special Zone in the Governorate of …
News
Construction
United Engineering and GCC Contracting Awarded $653.5 million Construction Contract from Meraas
Meraas, a member of Dubai Holding Real Estate, has awarded AED 2.4 billion in main construction contracts for new phases of its flagship villa developments, …
AI and Data Center
Saudi Arabia Signs Agreements to Develop Tier III Data Center, Strengthening Digital Infrastructure
In a significant move to accelerate the Kingdom’s digital transformation, Ministry of Investment, in collaboration with Shareek Program Center, has signed two strategic agreements with …
Power
India’s Bajel Projects Awarded 500kV OHTL Contracts in MENA
Bajel Projects Limited, a leading EPC player in power transmission infrastructure, has secured two international orders in MENA for the Construction of 500kV Overhead Transmission …
Power
GE Vernova Awarded Key Power Plants Contract in Egypt
GE Vernova Inc. announced that it received an order from an affiliate of Egyptian Electricity Holding Company (EEHC,) Middle Delta Electricity Production Company (MDEPC), to …
Oil and Gas
MB Petroleum Services Secures Five-Year Slickline Services Contract with BP Oman
MB Petroleum Services (MBPS) has announced the signing of a new five-year contract with BP Oman for the provision of slickline services across the Sultanate. …
Construction
Euro Consult Wins Design Contract for 10 Bridges in New Dammam Master Plan
Euro Consult for Engineering Consultancy has announced the award of a design contract for ten bridges within the master plan of the New Dammam Development. …
Construction
Oman Signs Partnership and Financing Agreements for “Tilal Al Nakheel” Project in Musandam
The Ministry of Housing and Urban Planning, Oman signed 10 partnership and financing agreements between Musandam WCT Development Company – the developer executing “Tilal Al …
Finance
Mabanee Increases Aventura Project Financing to KD 131.6 Million
Mabanee Company, Kuwait has announced a significant financing update as it advances the development of its flagship Aventura Project. In collaboration with its partners in …
Construction
Alef Group Awards $204.2 Million Worth Contracts for final phase of its flagship Sharjah Project
Alef Group, a premier real estate developer in Sharjah, has awarded construction contracts valued at AED 750 million, marking the commencement of the final phase …