April 4, 2026
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News

Finance

Standard Chartered arranges financing for Saudi-Egypt electricity interconnection project

October 18, 2022 Mohammad S
Standard Chartered Bank (with Sumitomo Mitsui Banking Corporation) announces the provision of a $566.4m Export Credit Agency supported Islamic financing facility for Saudi Electricity Company …
Power

Emerge signs agreement to develop Solar Plant for Khazna Data Centres Facility

October 18, 2022 Mohammad S
Emerge, a joint venture between Masdar and EDF, and Khazna Data Centres, the largest network of hyperscale data centres in the Middle East and North …
Press Releases

BEEAH launches Marasi: a digital manifest platform for integrated waste management at ports

October 18, 2022 Mohammad S
BEEAH Environment Services, the environmental consulting, research, and innovation business of Middle East sustainability pioneer BEEAH Group, announced the launch of MARASI, a new online …
Construction

DAMAC Properties unveiled “CHIC Tower”

October 18, 2022 Mohammad S
DAMAC Properties, UAE has unveiled “CHIC Tower”, a 41-storey tower designed to instill wellness and healthy living in a unique luxurious setting, complimented with ample …
Oil and Gas

Saudi Aramco establishing two offshore fabrication yards

October 18, 2022 Mohammad S
The Saudi Arabian Oil Company (Saudi Aramco), in collaboration with international partners, is establishing two offshore fabrication yards that aim to deliver a more than …
Construction

Galfar awarded $13m Contract in Oman

October 17, 2022 Mohammad S
The Public Establishment for Industrial Estates “Madayn” and Galfar Engineering and Contracting signed an agreement for roads and infrastructure construction at Mahas Industrial City in …
NEOM

NEOM Signed Agreement with Ennismore

October 17, 2022 Mohammad S
Hotel Development, the NEOM division responsible for building a future-centric hospitality ecosystem in the northwest corner of Saudi Arabia, has signed its inaugural hotel partner, …
Construction

Combined Group awarded $153.7m Contract in UAE

October 16, 2022 Mohammad S
Combined Group Contracting (CGC) Company Emirates L.L.C., a subsidiary of Combined Group Contracting Company, Kuwait announces in a statement that it has awarded a contract in …
Power

NCC Signed $56.3m 400/132/11kV Substation Contract in Kuwait

October 15, 2022 Mohammad S
Public Authority for Housing Welfare (PAHW), Kuwait Signed the Contract for the construction of 400/132/11kV Substation in Al Mutlaa residential Project. The Contract was Signed …
Power

Alghanim Submits lowest bid of $39.7m for four 132/11kV Substations in Kuwait

October 15, 2022 Mohammad S
Ministry of Electricity, Water and Renewable Energy, Kuwait received bidders Proposal for the Construction of Four 132/11 kV Substations. Five Biddders has submitted the Proposals. …

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Oil and Gas

McDermott awarded Two EPCIC Contracts in Qatar

February 1, 2024
McDermott has been awarded two contracts from North Oil Company (NOC) to deliver engineering, procurement, construction, installation and commissioning (EPCIC) for packages 11 and 13 …
Power

Saudi Arabia Signs Agreements for 7,200 MW IPP Projects

November 14, 2023
The Saudi Power Procurement Company (SPPC) has signed the Power Purchase agreements for the projects of Taiba 1-2 and Qassim 1-2 power plants and approves the …
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GCC Iraq Electric Interconnection Project Commences

June 9, 2023
QatarEnergy announced in a statement that a special event held to mark the start of the implementation of the Gulf Cooperation Council countries’ electrical interconnection …
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