Manufacturing
Firms signed agreement for Green Batteries, Power Generators factory
GL Holding (GLH) announced the signing of a partnership agreement with Urban Mobility Systems (UMS), a leading Dutch company in the green energy sector, to …
News
Oil and Gas
UAE’s ADNOC to acquire 30% equity stake in Absheron gas field
Abu Dhabi National Oil Company (ADNOC), the State Oil Company of Azerbaijan (SOCAR) and TotalEnergies today announced a strategic transaction that will see ADNOC acquire …
Power
Ajlan & Bros Holding and SolarEdge Technologies form JV
SolarEdge Technologies, Inc. (SolarEdge), a global leader in smart energy technology, announced the forming of a joint venture (JV) with Ajlan & Bros Holding (ABH), …
Construction
UAE’s Arada awards AED395 million contract to build Nasaq District
Arada has awarded a major contract to build Nasaq District, a cluster of six upscale apartment buildings located within the master plan of Sharjah’s largest …
Manufacturing
DUBAL Holding, Oriental Copper to manufacture high-quality copper products in UAE
DUBAL Holding, the investment arm of Dubai Government in the commodities, mining, power, energy, and industrial sectors, has signed a Memorandum of Understanding (MoU) with …
Transport
Oman and Etihad Rail Company, Jindal partner to establish sustainable logistics solution
Oman and Etihad Rail Company (OERC) signed a Memorandum of Understanding (MoU) with Jindal Shadeed Iron & Steel (Jindal), a leading integrated steel producer in …
Oil and Gas
ADNOC and Occidental to Evaluate Carbon Management Projects in the UAE and US
ADNOC and Occidental today announced they have signed a strategic collaboration agreement (SCA) to evaluate potential investment opportunities in carbon dioxide (CO2) capture and storage …
Power
Hyundai E&C awarded $145 million Saudi HVDC Power Transmission Line
Hyundai Engineering & Construction (Hyundai E&C) has secured a contract to construct a high voltage direct current (HVDC) transmission line in Saudi Arabia. As per …
Oil and Gas
Arabian Drilling awarded New Land Rigs Contracts Over SAR 3 billion
Arabian Drilling Company, one of the largest national onshore and offshore drilling contractor in Saudi Arabia, announced multiple contracts awards from Aramco for ten (10) …
Power
UAE’s Masdar explores developing 2GW clean energy in Malaysia
Abu Dhabi Future Energy Company (Masdar) and Citaglobal Berhad have signed a memorandum of understanding (MoU) for developing renewable energy projects across solar, Battery Energy …