Finance
DEWA, ACWA Power announces financial close for Hassyan IWP
Dubai Electricity and Water Authority (DEWA) and Saudi Arabia’s ACWA Power have announced the financial closing of the 180 million imperial gallons per day (MIGD) …
News
Oil and Gas
Oman LNG Signs Sales and Purchase Agreement with Shell
Oman LNG announced the signing of a Sales and Purchase Agreement (SPA) with Shell International Trading Middle East Limited (SITME) to deliver a total of …
Oil and Gas
Oman LNG Signs Sales and Purchase Agreement with JERA Company
Oman LNG announced the signing of a Sales and Purchase Agreement (SPA) with JERA Co., Japan. The agreement delivers 0.8 Million Metric Tonnes Per Annum …
Construction
Oman awards $205 Million 1st Phase of Al Batinah Coastal Road Project
The Ministry of Transport, Communications and Information Technology, Oman signed an agreement to the tune of RO 79 million for the design, implementation and finalization …
Construction
Dubai South awards $408.4 Million contract to Al Kharafi construction for south bay new phases
Following increased demand from investors and buyers to own a unit at South Bay, Dubai South Properties’ unique development, and the sell-out of the limited …
Transport
Alstom awarded new contract to elevate Jeddah Airport’s Innovia automated people mover (APM) system
Alstom, a global leader in sustainable and green mobility solutions, announces a major contract that involves enhancing and increasing the capacity of the Innovia automated …
Petrochemical
SABIC, BASF, and Linde celebrate the start-up of the world’s first large-scale electrically heated steam cracking furnace
BASF, SABIC, and Linde have inaugurated the world’s first demonstration plant for large-scale electrically heated steam cracking furnaces. Following three years of development, engineering, and …
Construction
Hassan Allam subsidiary awarded additional contract for Marina Hotel in Amaala
Hassan Allam Holding announces that its subsidiary, Hassan Allam Construction Saudi, has secured an additional contract for the Marina Hotel in Amaala Triple Bay, situated …
Construction
UAE’s Arada awards $167 million contracts to build Azalea, fourth phase at woodland Sharjah megaproject Masaar
Arada, UAE has awarded two contracts valued at AED615 million to build all 565 homes in Azalea, the fourth phase of Masaar, the popular megaproject …
Power
EWEC issues RFP for 1500 MW Khazna Solar PV IPP
EWEC (Emirates Water and Electricity Company), a leading company in the integrated planning, purchasing and supply of water and electricity across the UAE, has issued …