TA’ZIZ has awarded a $1.7 billion EPC contract to SAMSUNG E&A to build one of the world’s largest methanol ..Read More

TA’ZIZ has awarded a $1.7 billion EPC contract to SAMSUNG E&A to build one of the world’s largest methanol plants in Al Ruwais Industrial City, Abu Dhabi, with a capacity of 1.8 mtpa. Set for completion in 2028, the plant will be powered by clean energy, enhancing UAE’s position in sustainable chemical production. In its initial phase, TA’ZIZ will produce 4.7 mtpa of chemicals, including methanol, low-carbon ammonia, and PVC, advancing UAE’s economic diversification and industrial growth.
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• Petrochemical

Oman inaugurated Phase 1 of the Sahalnout sewage network project in Salalah, implemented by Nama Services Dhof ..Read More

Oman inaugurated Phase 1 of the Sahalnout sewage network project in Salalah, implemented by Nama Services Dhofar over three years at a cost of RO 45 million. The project covers 13.75 sq. km, with a 165 km sewage network, 1,200 inspection chambers, and a main pumping station handling 18,510 m³/day. Currently serving 4,000 subscribers, it aims to reach 5,500 in Phase 1 and 20,000 in the future, including Salalah’s expansion. Additionally, Oman awarded a RO 35 million contract to expand the Raysut treated water station to 90,000 m³/day by 2027.
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• Water

Dar Global has awarded the enabling works contract for the SAR 2 billion ($531 million) Trump Tower Jeddah to ..Read More

Dar Global has awarded the enabling works contract for the SAR 2 billion ($531 million) Trump Tower Jeddah to Specialized Italian Foundation Co. Ltd. (SIFCO), a Saudi-foreign investment firm specializing in deep foundation construction. Located on Jeddah’s Corniche, the 47-floor tower will introduce an exclusive lifestyle concept, including Saudi Arabia’s first Trump Club. Dar Global is also developing 200 premium villas in Riyadh as part of its vision to bring international luxury standards to Saudi Arabia’s real estate market.
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• Construction

Baker Hughes secured a contract to supply six gas compression trains and six propane compressors for the third ..Read More

Baker Hughes secured a contract to supply six gas compression trains and six propane compressors for the third expansion phase of Aramco’s Jafurah gas field in Saudi Arabia. Awarded by Tecnicas Reunidas, the order was booked in Q4 2024 and will leverage Baker Hughes' Dammam Center. This deal strengthens its long-standing partnership with Aramco, supporting Saudi Arabia’s energy development with advanced gas compression technology.
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• Oil & Gas

L&T's Minerals & Metals (M&M) vertical has secured a significant repeat order for setting up freight handling ..Read More

L&T's Minerals & Metals (M&M) vertical has secured a significant repeat order for setting up freight handling facilities in the GCC region. The project involves engineering, procurement, construction, and commissioning (EPCC) of advanced automated facilities at two locations. This reinforces L&T's reputation in executing high-quality EPC projects and highlights its expertise in freight handling and material processing across industries.
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• Construction

Penspen closed 2024 on a strong note, securing $120 million in new contracts in H2, bringing total annual sale ..Read More

Penspen closed 2024 on a strong note, securing $120 million in new contracts in H2, bringing total annual sales to over $225 million—a 20% year-on-year growth. Major wins included 26 contracts in the Middle East & Africa ($98M), renewable energy projects in Saudi Arabia, and expansion in hydrogen and carbon capture in Europe. The company also increased its workforce in the UAE and Saudi Arabia to support rising demand and strengthened its UK footprint with the acquisition of C&I Engineering Solutions.
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• Power

VA TECH WABAG secured a $14 million contract from BAPCO Refining for the operation and maintenance of an Indus ..Read More

VA TECH WABAG secured a $14 million contract from BAPCO Refining for the operation and maintenance of an Industrial Wastewater Treatment Plant in Bahrain for seven years. The plant, using advanced Membrane Bioreactor (MBR) technology, treats 4,400 USGPM of wastewater, ensuring high environmental standards. This win strengthens WABAG’s O&M presence in Bahrain, where it has been managing the Madinat Salman Sewage Treatment Plant since 2018.
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• Water

ASFAR, the Saudi tourism investment company, has signed investment agreements with the Royal Commission for Ya ..Read More

ASFAR, the Saudi tourism investment company, has signed investment agreements with the Royal Commission for Yanbu to transform Yanbu into a premier tourist destination. The partnership, involving Baheej, focuses on developing four projects along the waterfront, including a resort, hotel, restaurants, and a diving academy. This initiative aligns with Saudi Vision 2030, aiming to boost tourism and economic diversification along the Red Sea coast.
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• Construction
• Tourism