Construction
Saudi Arabia awards 60 new public schools Contract
HRH Prince Faisal bin Salman bin Abdulaziz, Governor of Al-Madinah Al-Munawwarah Region, and in the presence of His Excellency the Minister of Education, Dr. Hamad …
Saudi Arabia
Oil and Gas
Halliburton Opens First Oilfield Specialty Chemical Manufacturing Reaction Facility in Saudi Arabia
Halliburton Company announced the opening of the Halliburton Chemical Reaction Plant – the first of its kind in Saudi Arabia to manufacture a broad range …
Construction
Lucid Group Gearing Up for First International Plant in Saudi Arabia
Lucid Group, Inc., announced the signing of agreements with the Ministry of Investment of Saudi Arabia (MISA), the Saudi Industrial Development Fund (SIDF), and the …
Oil and Gas
Saudi Arabia announces discovery of new gas fields
Saudi Aramco has discovered natural gas fields in four major areas around the Kingdom of Saudi Arabia as stated by Ministry of Energy. The four …
AMAALA
AMAALA Awards Contract for 20,000 employees accommodations
AMAALA, the ultra-luxury destination located along Saudi Arabia’s north-western coast, announced in a statement that it has signed a major contract for the infrastructure development …
Power
L&T submits lowest bid of $143.5m for Substation and OHTL
Saudi Electricity Company (SEC) received the bidders proposals for, Construction of Hail-4 380kV BSP and Construction of 380kV Overhead Transmission line for Taibah Power Plant. …
Finance
ACWA Power led consortium achieves financial close for the US$1.59 billion Red Sea Project
A consortium led by ACWA Power, and composed of SPIC Huanghe Hydropower Development Company and Saudi Tabreed Cooling Company, has achieved financial close for the …
Construction
Saudi Arabia awards $746.6m region’s largest water theme park
Qiddiya Investment Company (QIC), Saudi Arabia announced in a statement regarding the award of a contract to build Saudi Arabia’s first and the region’s largest …
PPP
Rabigh 3 Independent Water Project Received Guinness World Record
SEPCO III, China announced in a statement that Saudi Arabia’s Rabigh Phase 3 Independent Water Project received the Guinness World Record Certificate. The Project achieved …
Oil and Gas
Saudi’s TAQA awarded $267m Integrated Fracturing Contract
TAQA Well Services LLC, Saudi Arabia a fully owned subsidiary of the Industrialization and Energy Services Company (TAQA) JSC, announced in a statement regarding the …