- October 30, 2024

Veolia and Morocco have signed a partnership to develop Africa’s largest seawater desalination plant, set to ..Read More
Veolia and Morocco have signed a partnership to develop Africa’s largest seawater desalination plant, set to supply 822,000 m³ of drinking water daily to 9.3 million people in the Rabat, Fès, and Meknès regions. The project, which aligns with Morocco's climate resilience strategy, will be powered by low-carbon renewable energy and will play a crucial role in strengthening the country's water supply security in the face of climate change.
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- October 30, 2024

PIF and Brookfield Asset Management Ltd. signed a non-binding MoU at the FII 8th Edition in Riyadh, with PIF a ..Read More
PIF and Brookfield Asset Management Ltd. signed a non-binding MoU at the FII 8th Edition in Riyadh, with PIF as a strategic anchor investor for Brookfield Middle East Partners (BMEP). The platform aims to raise $2 billion for investments in sectors like industrials, technology, and healthcare, with at least 50% allocated to Saudi Arabia. The partnership also includes expanding Brookfield's Riyadh office and launching Brookfield Academy locally to support talent development and economic growth.
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- October 30, 2024

Aramco has signed a Collaboration Framework Agreement with Vietnam Oil and Gas Group (Petrovietnam) during Vie ..Read More
Aramco has signed a Collaboration Framework Agreement with Vietnam Oil and Gas Group (Petrovietnam) during Vietnamese Prime Minister H.E. Pham Minh Chinh's visit to Saudi Arabia. The agreement, formalized at the FII 8th Edition in Riyadh, aims to explore cooperation in the storage, supply, and trading of energy and petrochemical products, with a focus on optimizing operations and unlocking additional value.
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- October 30, 2024

Aramco and Taulia, a leading SAP company in working capital solutions, have partnered with the Saudi Industria ..Read More
Aramco and Taulia, a leading SAP company in working capital solutions, have partnered with the Saudi Industrial Development Fund (SIDF) to launch a major supply chain financing program, one of the largest globally, aimed at providing affordable financing for Aramco’s suppliers. Announced at the FII 8th Edition in Riyadh, the new FinTech solution will improve suppliers' liquidity, enhance cash flow forecasting, and strengthen Aramco’s supply chain resilience, unlocking billions of Saudi Riyals in liquidity to support working capital optimization and alternative financing access for suppliers
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- October 30, 2024

The King Abdullah Financial District Development & Management Company (KAFD DMC) has signed an agreement with ..Read More
The King Abdullah Financial District Development & Management Company (KAFD DMC) has signed an agreement with CRRC and Hassan Allam Construction Saudi to launch a 3.6-kilometer, driverless Monorail in Riyadh. The system, with six trains and stations, will connect KAFD's offices, retail, and leisure spaces, integrating with the Riyadh Metro. Designed for 3,500 passengers per hour, the Monorail supports KAFD’s "10-Minute City" vision and sets a new standard for sustainable urban mobility.
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- October 29, 2024

Oman’s Al Dakhiliyah Governorate has signed an agreement with NAS Engineering Consultancy for the Jabal Sham ..Read More
Oman’s Al Dakhiliyah Governorate has signed an agreement with NAS Engineering Consultancy for the Jabal Shams Grand Canyon project, with the first phase focused on design consultancy and supervision. This phase will involve preparing detailed layouts and studying various components of the project, which is expected to create significant job and investment opportunities.
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- October 29, 2024

Linde Engineering has partnered with NEXTCHEM to provide carbon capture technology for ADNOC’s Hail and Ghas ..Read More
Linde Engineering has partnered with NEXTCHEM to provide carbon capture technology for ADNOC’s Hail and Ghasha offshore gas project in the UAE. Linde’s HISORP® CC solution will capture and purify 1.5 million tonnes of CO2 annually, supporting ADNOC’s net-zero emissions goal. Powered by renewable energy, this technology achieves over 99% CO2 capture without increasing the carbon footprint, advancing ADNOC’s decarbonization efforts.
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- October 29, 2024

Wood has secured an engineering services contract for Aramco’s Southern and Northern Areas gas increments pr ..Read More
Wood has secured an engineering services contract for Aramco’s Southern and Northern Areas gas increments project in Saudi Arabia, aimed at boosting natural gas production. The project will involve one million engineering hours, with Wood providing PMC services, Pre-FEED and FEED engineering for onshore gas facilities, and EPC contracting support. The seven-year project will engage over 400 employees across Saudi Arabia, the UK, and India.
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