Construction
Samsung C&T and Qatar Free Zone Authority Signs MOU
Samsung C&T announced that it has signed a Memorandum of Understanding (MoU) with Qatar Free Zone Authority (QFZA) at the Ras Bufontas Business Innovation Park in Doha, …
News
Construction
Oman Signs Agreement to Develop, Operate First Phase of Al Rawdha Special Economic Zone
The Public Authority for Special Economic Zones and Free Zones (OPAZ), Oman and Mahdah Development Company (an Omani-Emirati partnership) signed an agreement to develop and …
Oil and Gas
Saudi Arabia and Kuwait Announce New Oil Discovery in the Partitioned Zone
The Governments of the Kingdom of Saudi Arabia and the State of Kuwait announced that Wafra Joint Operations have made a new oil discovery in …
Oil and Gas
NesmaKent Energy awarded PMC contract from Aramco
NesmaKent Energy Company (NKJV), a pioneering joint venture between Nesma & Partners (N&P) and Kent, announces that it has signed a strategic contract with Aramco …
Construction
Oman Signs Tourism Contracts Worth More Than $145 Million
The Ministry of Heritage and Tourism, Oman signed three usufruct contracts, worth more than RO 56 million, to establish two integrated tourism complexes in the …
Construction
ROSHN Group Launches ROSHNEXT to Drive Innovation in the Real Estate Industry
ROSHN Group, Saudi Arabia’s leading multi-asset real estate developer and a PIF company, has launched the ROSHNEXT, the Group’s innovation arm. The program is designed …
Construction
Sumou Real Estate Company Signs $181.3 million Residential Project in Makkah
Sumou Real Estate Company, Saudi Arabia announces the signing of development agreement of Areem Makkah project with National Housing Company to build residential units (villas). …
Oil and Gas
Aramco Pioneers World-First Renewable Energy Storage System for Gas Operations
Aramco, one of the world’s leading integrated energy and chemicals companies, has achieved a world-first by successfully commissioning a megawatt (MW)-scale renewable energy storage system …
AI and Data Center
Global Tech Alliance Launches Stargate UAE – AI Data Center in Abu Dhabi
G42, OpenAI, Oracle, NVIDIA, SoftBank Group and Cisco announced their partnership to build Stargate UAE, In a historic step forward for artificial intelligence and international …
Construction
ROSHN Group Becomes Saudi Arabia’s Most Valuable Real Estate Brand
ROSHN Group, Saudi Arabia’s leading multi-asset real estate developer and a Public Investment Fund (PIF) company, has been crowned as Saudi Arabia’s most valuable real …