April 4, 2026
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News

Manufacturing

Firms signed agreement for Green Batteries, Power Generators factory

August 6, 2023 Mohammad S
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 …
Oil and Gas

UAE’s ADNOC to acquire 30% equity stake in Absheron gas field

August 4, 2023 Mohammad S
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

August 3, 2023 Mohammad S
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

August 3, 2023 Mohammad S
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

August 3, 2023 Mohammad S
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

August 3, 2023 Mohammad S
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

August 1, 2023 Mohammad S
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

August 1, 2023 Mohammad S
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

July 31, 2023 Mohammad S
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

July 31, 2023 Mohammad S
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 …

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AMAALA

Red Sea Global awards contract worth nearly SAR 1 billion for Amaala to AL-AYUNI Investment

January 23, 2023
Saudi Arabia’s Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, announced in a …
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ELSEWEDY ELECTRIC and John Cockerill Signs Major Contract for Rabigh 2 Power Plant Extension in Saudi Arabia

December 2, 2025
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Oman Signs $176.6 Million Agreements to Implement Integrated Residential Neighborhoods

February 13, 2025
The Ministry of Housing and Urban Planning, Oman signed 8 partnership and layout development agreements to implement projects of integrated residential neighborhoods in different governorates …
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