January 31, 2026
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News

Finance

GCC Interconnection Authority and Kuwait Fund Sign Additional Financing Agreement to Strengthen Regional Power Grid

January 18, 2026 Mohammad S
The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Kuwait Fund for Arab Economic Development have signed an additional financing agreement valued at KWD 8 …
Power

UAE–India Undersea Power Interconnector: EtihadWE Invites Consultants for Feasibility Study

January 18, 2026 Mohammad S
UAE’s Etihad Water and Electricity (EtihadWE) has invited eligible consulting firms, either as single entities or consortia, to register their interest in participating in the …
Power

SUNPURE to Supply UAE’s First PV Project Using Module Fitting Robots

January 18, 2026 Mohammad S
SUNPURE announces that it will supply UAE’s first photovoltaic (PV) project to adopt PV module fitting robots, marking a major milestone in smart solar construction. …
Finance

Oman’s Ibri III Solar IPP Achieves Financial Close

January 16, 2026 Mohammad S
Abu Dhabi Future Energy Company PJSC – Masdar, and consortium partners Al Khadra Partners, Korea Midland Power Co. Ltd (KOMIPO), and OQ Alternative Energy (OQAE), …
Mining

Metso Awarded $148.6 million Maaden’s Gold Processing Plant in Saudi Arabia

January 15, 2026 Mohammad S
Metso Announced that it has awarded by Maaden, a gold processing plant for the Ar Rjum mine located in the Makkah Region, approximately 200 km …
Power

China Energy Consortium Announces Start of Starah 2GW Wind Power Substation Project

January 15, 2026 Mohammad S
China Energy Consortium announces that, Starah 2GW Wind Power Substation Project in KSA contracted by CEEC has successfully broken ground and commenced construction. This milestone marks …
Oil and Gas

Kuwait’s Tariq Al-Ghanim Awarded $49.8 million KNPC Project

January 15, 2026 Mohammad S
Kuwait National Petroleum Company (KNPC) has awarded a major contract for the maintenance and repair of storage tanks at the Mina Abdullah Refinery. The contract …
Water

Alkhorayef Awarded O&M Contract in Makkah

January 15, 2026 Mohammad S
Alkhorayef Water & Power Technologies Co., Saudi Arabia announces the award of Operation and Maintenance of Water & Sewage Networks in Mina and Muzdalifah of …
Construction

Elkhereiji Company Awarded $75 million Knowledge Economic City Contract in Madinah

January 15, 2026 Mohammad S
The Knowledge Economic City, Saudi Arabia announces the Contract Award to execute additional residential buildings of Al-Alya mixed-use Project The value of the contract is …
Oil and Gas

KOC receives Lowest Bid of $45 million for Gas Condensation Project

January 15, 2026 Mohammad S
Kuwait Oil Company (KOC) has received bids for the Condensate Stabilization Unit Installation Project at BS-171, marking a key step in advancing its upstream infrastructure …

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