- January 28, 2025

Borouge Plc, UAE, announced $100 million in new supply agreements and collaborations to advance sustainability ..Read More
Borouge Plc, UAE, announced $100 million in new supply agreements and collaborations to advance sustainability and innovative materials. It signed deals with Bericap, Taghleef Industries, INDEVCO Group, and ALPLA to supply polyethylene and polypropylene for advanced packaging solutions. Borouge is also promoting circularity with a zero-waste strategy, including a collaboration with Tahzeem Packaging and Rebound to produce shipping sacks with 30% recycled polyethylene. These initiatives reinforce Borouge’s role in enhancing product durability, recyclability, and environmental impact reduction.
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- January 28, 2025

Saudi Arabia Railways (SAR) and Italian luxury hospitality company Arsenale have unveiled the final designs fo ..Read More
Saudi Arabia Railways (SAR) and Italian luxury hospitality company Arsenale have unveiled the final designs for Dream of the Desert, the Middle East’s first five-star luxury train. Featuring 34 luxury suites across 14 carriages, the train blends modern opulence with Saudi heritage, offering an exclusive travel experience aligned with Saudi Vision 2030. Departing from Riyadh, it will traverse the Northern Railway network, integrating cultural programs, fine dining, and curated art to immerse passengers in Saudi traditions.
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- January 28, 2025

NEOM has secured a $3 billion export credit agency (ECA) financing deal with Italy’s SACE, marking its first ..Read More
NEOM has secured a $3 billion export credit agency (ECA) financing deal with Italy’s SACE, marking its first corporate ECA financing and the largest untied financing guaranteed by SACE. The funding, backed by a syndicate of nine international banks, will support NEOM’s development across infrastructure, urban projects, and transport. The deal strengthens NEOM’s collaboration with Italian suppliers, who have already secured $6.3 billion in contracts, aligning with Saudi Vision 2030’s goal of attracting foreign investment.
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- January 27, 2025

ADNOC Gas signed a $450 million, three-year LNG supply agreement with JERA Global Markets to support Japan’s ..Read More
ADNOC Gas signed a $450 million, three-year LNG supply agreement with JERA Global Markets to support Japan’s energy needs. The LNG will be supplied from Das Island, which has a 6.0 mtpa production capacity and has been supplying Japan for 48 years. This deal strengthens UAE-Japan energy ties and aligns with both companies’ goals for energy security and a lower-carbon future.
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- January 27, 2025

Meraas has awarded a AED 1 billion construction contract for Bluewaters Bay to China State Construction Engine ..Read More
Meraas has awarded a AED 1 billion construction contract for Bluewaters Bay to China State Construction Engineering Corporation. The development will feature two residential towers with 678 apartments, retail outlets, and top-tier amenities like a landscaped promenade, pool, and children's play area. Scheduled for completion in Q4 2027, the project aims to become Dubai's next iconic waterfront destination.
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- January 27, 2025

L&T’s renewables business has been selected by Masdar as one of the preferred EPC contractors for the north ..Read More
L&T’s renewables business has been selected by Masdar as one of the preferred EPC contractors for the north site of the world’s first 24/7 solar PV and battery storage gigascale project in Abu Dhabi. The project, developed with EWEC, includes a 5.2GW solar PV plant and a 19GWh battery energy storage system, making it the largest of its kind globally. The initiative aims to provide clean energy 24/7 and marks Masdar’s most ambitious project to date.
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- January 27, 2025

CESI Group has signed an MoU with Saudi Electricity Project Development Company (PDC) to enhance energy infras ..Read More
CESI Group has signed an MoU with Saudi Electricity Project Development Company (PDC) to enhance energy infrastructure in Saudi Arabia. The agreement, signed during Italian PM Giorgia Meloni’s visit, focuses on project efficiency, technological advancements, and sustainability. This collaboration supports Saudi Arabia’s Vision 2030 and strengthens CESI’s presence in the region’s energy sector.
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- January 26, 2025

ADNOC’s Shah Field has achieved an industry-leading carbon intensity of 0.1 kgCO2e/boe, making it one of the ..Read More
ADNOC’s Shah Field has achieved an industry-leading carbon intensity of 0.1 kgCO2e/boe, making it one of the world’s least carbon-intensive oil fields. Located 230 km south of Abu Dhabi, the field produces 70,000 barrels per day and leverages AI, digitalization, and clean energy to optimize efficiency and reduce emissions. ADNOC continues to innovate, using advanced technologies like liquid ejectors and AI-driven predictive analytics to enhance sustainability and operational performance.
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