Oman’s Ministry of Energy and Minerals opened its 2025 mining bidding round by launching four new concession ..Read More

Oman’s Ministry of Energy and Minerals opened its 2025 mining bidding round by launching four new concession areas (Blocks D-11, E-22, B-14, H-51) with promising potentials for copper, gold, silver, chromite and industrial minerals to attract local & international investors.
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• Mining

On September 3, 2025, TAQA, JERA and AlBawani announced the financial closing of two IPP projects in Saudi Ara ..Read More

On September 3, 2025, TAQA, JERA and AlBawani announced the financial closing of two IPP projects in Saudi Arabia—Rumah 2 and Al Nairyah 2—totaling ~3.6 GW of combined cycle gas turbine capacity.
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• Finance

Hassan Allam Construction secured a contract for a water supply project in Oman. The development aims to impro ..Read More

Hassan Allam Construction secured a contract for a water supply project in Oman. The development aims to improve local water infrastructure.
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• Water

Egis was awarded a site supervision contract for Riyadh’s KAFD transit system. The project will revive publi ..Read More

Egis was awarded a site supervision contract for Riyadh’s KAFD transit system. The project will revive public transport links in the financial district.
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• Transport

IndianOil and ADNOC signed an LNG sales and purchase agreement for the Ruwais project. The deal secures long-t ..Read More

IndianOil and ADNOC signed an LNG sales and purchase agreement for the Ruwais project. The deal secures long-term gas supply to India from the UAE.
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• Oil & Gas

Abraj Energy secured $220.9 million in contract extensions with Occidental. The deal covers drilling and oilfi ..Read More

Abraj Energy secured $220.9 million in contract extensions with Occidental. The deal covers drilling and oilfield services in Oman.
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• Oil & Gas

Hithium was awarded a 4GWh long-duration energy storage project. The project reinforces Saudi’s investment i ..Read More

Hithium was awarded a 4GWh long-duration energy storage project. The project reinforces Saudi’s investment in advanced storage technologies.
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• Power

Taihan secured a $150 million contract in Qatar. The scope involves expanding transmission infrastructure to s ..Read More

Taihan secured a $150 million contract in Qatar. The scope involves expanding transmission infrastructure to support growing power demand.
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• Power