February 1, 2026
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News

Finance

ACWA Power Announces Financial Close for 15,000 MW Renewable Energy Projects in Saudi Arabia

November 27, 2025 Mohammad S
ACWA Power Company, Saudi Arabia announces the financial close for a combined capacity of 15,000 MW Renewable Energy Projects. Solar PV Projects The Projects includes …
Transport

Saudi Ports Authority and Hizone to establish a Logistics Park in Dammam

November 27, 2025 Mohammad S
The Saudi Ports Authority (Mawani) has signed an agreement with Hizone Logistics to establish a logistics park for container offloading and storage at King Abdulaziz …
Power

EPC Contracts Signed for UAE-Oman Power Interconnection Project

November 27, 2025 Mohammad S
The Gulf Cooperation Council Interconnection Authority (GCCIA) signed contracts to implement expansion projects with the United Arab Emirates and the direct interconnection project between the …
Construction

BEC Arabia awarded $180 million Almoosa Specialist Hospital Project

November 27, 2025 Mohammad S
Almoosa Health Company, Saudi Arabia announces the signing of a contract with BEC Arabia Contracting Company for Almoosa Specialist Hospital project in Alkhobar, eastern region …
Power

Bahrain Signs Agreement to extend PPA for 950MW Al Ezzel Power Plant

November 26, 2025 Mohammad S
Electricity and Water Authority (EWA), signed an agreement to extend the Power Purchase Agreement (PPA) with Al Ezzel Power Company, one of Bahrain’s independent power …
Oil and Gas

Worley awarded Oman Refinery Decarbonization Project

November 26, 2025 Mohammad S
Worley Limited announces that it has secured a contract with OQ Refineries and Petroleum Industries LLC (“OQ RPI”) to provide Front-End Engineering Design (FEED) for …
Construction

Arabian Construction Company awarded $531 million Trump Tower Jeddah Contract

November 26, 2025 Mohammad S
DarGlobal, the London-listed luxury real estate developer, has officially awarded the main works contract for Trump Tower Jeddah to Arabian Construction Company (ACC), following the …
Power

China Power Engineering awarded EPC Contract for Oman’s Ibri III IPP Project

November 26, 2025 Mohammad S
Masdar (Abu Dhabi Future Energy Company), UAE announces that it has reached a key development milestone for the Ibri III Independent Power Project with the …
Oil and Gas

UAE’s ADNOC Gas and EMSTEEL Sign $4 Billion 20-Year Natural Gas Supply Agreement

November 26, 2025 Mohammad S
UAE’s ADNOC Gas Plc and its subsidiaries announced the signing of a landmark $4-billion agreement, valued between $3.5 and $4.2 billion with EMSTEEL, one of …
Power

TBEA awarded $192 million 380kV Substation Project in Saudi Arabia

November 25, 2025 Mohammad S
TBEA, China announces that it has received notification from Saudi Electricity Company (SEC) that it has successfully won the bid for the Namria 380kV Substation …

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PPP

Saudi Arabia Announces Financial Close of Rabigh-4 Independent Water Plant

October 31, 2023
Saudi Water Partnership Company (SWPC) announces the successful financial close of Rabigh-4 IWP with support from the relevant authorities, and the commitment of the private …
Oil and Gas

KCPC Kuwait secured $188m North Kuwait Remediation project

May 24, 2021
The Kuwait Company for Process Plant Construction & Contracting K.P.S.C. (KCPC) announced in a statement that it has secured Zone 2 of “North Kuwait Excavation …
Oil and Gas

QatarEnergy, SLB Signs MOU worth $1.37 billion

November 11, 2024
QatarEnergy announced in a statement that it has signed a memorandum of understanding (MOU) with Schlumberger (SLB). As per the MOU, SLB will invest an …
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