Power
India’s KEC awarded 400kV OHTL Contract for Kuwait – Saudi Arabia Interconnection
KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, announced in a statement that it has secured new orders of Rs. 1,407 …
News
Construction
Dubai announces opening of Al Damani Electric Vehicle Manufacturing Factory
Dubai Industrial City, a member of TECOM Group PJSC, and M Glory Holding Group announced the opening of Al Damani’s new 45,000-sqft factory, which represents …
Power
Oman’s 326MW Power and Water Plant Commence Operations
The CentralizedUtilitiesCompany (Marafiq), a joint venture – owned by OQ, a subsidiary of the Oman Investment Authority (OIA) and Gulf Energy Development Corporation of Thailand, …
AI and Data Center
stc launches Center3 announces Billion-Dollar Investment
stc Group, the leading digital enabler, inaugurated one of its largest and most significant projects, Center3 Company, the digital regional center for the Middle East …
Finance
Saudi Arabia’s PIF Announces Successful Completion of USD 3bn Inaugural Bond
The Public Investment Fund (PIF) announced in a statement that it has completed its first-ever bond issuance, first-ever century green bond, raising USD 3 billion …
Oil and Gas
McDermott awards SAR450m Steel Pipes Supply Contract
Arabian Pipes Co. Saudi Arabia announced in a statement that, it won a project to supply steel pipes to McDermott Arabia Company Limited (MACL). The …
Oil and Gas
OQ Gas Network, Gulf Petrochemicals Services Sign Agreement for Maintenance and Engineering Service
OQ’s Gas Network (OQGN) –One of OQ’s Assets- signed an agreement with Gulf Petrochemicals Services (GPS) for a maintenance and engineering service contract. As part …
Power
L&T awarded 380kV OHTL Contract in Saudi Arabia
The Power Transmission & Distribution Business of L&T Construction announced in a statement that it has bagged multiple orders in India and abroad. An order …
Construction
UAE’s Arada Awards two contracts valued at $123.6m
Arada has awarded two major contracts to build nine premium apartment blocks in Aljada, the 24 million square foot mixed-use megaproject located in the Muwaileh …
Power
Mitsubishi Awarded Service Agreement by Aluminium Bahrain BSC (Alba)
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), announced that it has signed a Long-Term Service Agreement (LTSA) with Aluminium Bahrain …