Press Releases
Egis completes acquisition of WME
After the announcement of the agreement to acquire WME earlier this year, Egis announces that they have successfully completed the acquisition of one of the …
News
Construction
Oman Signed agreement to Develop, Operate Khasab Port
The Ministry of Transport, Communications and Information Technology signed a framework agreement with International Container Terminal Company “Hutchison Ports Sohar” to develop, manage and operate …
Transport
Oman, UAE Sign $3bn Agreements to Set Up, Operate Railway Network
To the tune of $3 billion (RO 1.160 billion), Oman Rail—developer and operator of the national railway network in Oman—and Etihad Rail, developer and operator …
Construction
Saudi Arabia’s Mawani Signs SAR 900m Agreements
The Saudi Ports Authority (Mawani) announced in a statement that it has signed seven contracts and Memorandums of Understanding (MoUs) with partners from the public …
Power
ACWA Power signed MOU to establish Desalination facility and Power Plant in Senegal
ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, announced that it has signed Memorandum …
Power
NESMA awarded $86.9m Jafurah 380kV Substation
Saudi Electricity Company (SEC) awarded the project, Construction of Jafurah 380/230kV Substation. The Project location is in eastern region of Saudi Arabia. The Project has …
Construction
Sumou Company signs $81.3m development agreement for Dammam project
Sumou Real Estate Co., Saudi Arabia announced in a statement that it has signed a development agreement for Area Apt Zone 4A,4B of Al-Aali project …
Construction
Bahrain issued tender for Askar Landfill Remediation Package
Bahrain’s Electricity and Water Authority (EWA) launched its tendering process to appoint a qualified contractor to remediate a two square kilometre landfill site to prepare …
Power
CEPCO awarded STATCOM Projects
Civil & Electrical Projects Contracting Company (CEPCO), Saudi Arabia announced in a statement that it has signed a contract agreement with Saudi Electricity Company (SEC) and its …
AMAALA
AMAALA revealed design plans for its state-of-the-art Marine Life Institute.
The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism projects, The Red Sea destination and AMAALA, has revealed design …