February 2, 2026
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News

Mining

Maaden and MP Materials to establish Rare Earth Refining And Separation Facility

November 19, 2025 Mohammad S
Saudi Arabian Mining Company (Maaden) announces that it has signed a binding term sheet with MP Materials Corp. (MP Materials) backed by the United States …
Transport

UAE’s AD Ports Signs Agreement with CMA CGM to Expand Terminal at Khalifa Port

November 19, 2025 Mohammad S
UAE’s AD Ports Group signed an agreement with France’s CMA CGM Group, a global player in sea, land, air and logistics solutions, to expand their …
Oil and Gas

Wood awarded Engineering Services Contract in Iraq

November 19, 2025 Mohammad S
Wood, a global leader in consulting and engineering, announces that it has secured a new contract to deliver project management and engineering services for PetroChina …
Construction

Malaysia’s MGB awarded $93.3 million Construction Contract in Madinah

November 19, 2025 Mohammad S
Malaysia’s MGB announces that MGB Alameriah Contracting Company (MA), a joint venture company under MGB International For Industry, an indirect wholly owned subsidiary of MGB, …
AI and Data Center

Saudi’s Eastern Region Municipality Signs $1.3 Billion Worth Deals

November 18, 2025 Mohammad S
The Eastern Region Municipality of Saudi Arabia announces that it has concluded 14 investment and development contracts and memoranda of understanding (MoUs) during its participation …
Construction

Saudi’s NHC and Emlak Konut Signs Makkah Gate Development Deal

November 18, 2025 Mohammad S
Under the patronage of Minister of Municipalities and Housing Majed Al-Hogail, the National Housing Company (NHC) signed a sub-development agreement with Turkish company Emlak Konut …
Power

Alghanim awarded $284.3 Million Sabiya Power Plant Engineering Services Contract

November 18, 2025 Mohammad S
Kuwait’s Ministry of Electricity, Water, and Renewable Energy awards the contract related to Sabiya Power Plant Engineering Services. The value of the contract is KWD …
Construction

Saudi’s Retal awarded $1.38 Billion Worth Construction Contract

November 18, 2025 Mohammad S
Retal Urban Development Company, Saudi Arabia announces that it has received a letter of award from the National Housing Company (NHC) in Al Fursan Suburb …
Finance

Kuwait Petroleum Signs $4.8 Billion Financing Deal

November 18, 2025 Mohammad S
Kuwait Petroleum Corporation announces that it has secured a landmark KD 1.5 billion joint financing deals. The financing received from the Banks led by the …
Oil and Gas

Helmerich & Payne announces Recommence Operations on Seven Land Rigs in Saudi Arabia

November 18, 2025 Mohammad S
Helmerich & Payne, Inc., USA announced that notice has been received to recommence operations on seven land rigs in Saudi Arabia that are currently under …

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Hydrogen

ACWA Power to develop Gigascale Green Hydrogen Project in Indonesia

February 22, 2023
ACWA Power, Saudi Arabia expands its Indonesian portfolio by signing an MoU for the development of a Gigascale green hydrogen project, with Pupuk Indonesia (PI), …
Power

Abengoa completes three solar fields construction in Dubai

January 20, 2022
Abengoa, Spain announced in a statement that it has successfully completed the construction of three solar fields (200 MW each) of parabolic trough collectors at …
Power

DP World and DEWA signs MOU for renewable solar power installations

May 26, 2021
DP World, UAE and Etihad Energy Services Company (Etihad ESCO), a wholly-owned subsidiary of Dubai Electricity and Water Authority (DEWA), announced plans to expand their …
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