Ceer, Saudi Arabia’s first EV brand, announced 11 new partnerships worth SAR 5.5 billion ($1.5 billion) at t ..Read More

Ceer, Saudi Arabia’s first EV brand, announced 11 new partnerships worth SAR 5.5 billion ($1.5 billion) at the 3rd PIF Public Sector Forum, advancing its goal of 45% localization and aligning with Vision 2030. Ceer has partnered with global leaders like Foxconn and BMW while fostering a local ecosystem at King Salman Automotive Cluster, involving 263 local companies with SAR 6.6 billion in contracts. The new agreements include Zamil for HVAC systems, Obeikan Glass for alloy wheels, and Saudi Controls for EV chargers, reinforcing Ceer’s ambition to become a key global EV player.
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• Transport

Masarat Mobility Park, a partnership between TASARU Mobility Investments, Zamil Group, Alkhorayef Sons, and Da ..Read More

Masarat Mobility Park, a partnership between TASARU Mobility Investments, Zamil Group, Alkhorayef Sons, and Dar Al Himmah, is developing a 2 million sqm automotive hub in King Abdullah Economic City (KAEC) to support Saudi Vision 2030. The Park aims to attract global suppliers, develop local talent through educational partnerships, and boost local manufacturing. Leveraging KAEC’s Special Economic Zone (SEZ), it offers multimodal connectivity to expand regional operations and generate thousands of jobs. Masarat has secured ECZA certification to facilitate investor operations and enhance Saudi Arabia’s position as a regional automotive hub.
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• Transport

EWEC (Emirates Water and Electricity Company), UAE, has issued an RFP to 16 qualified bidders for the 140 MW A ..Read More

EWEC (Emirates Water and Electricity Company), UAE, has issued an RFP to 16 qualified bidders for the 140 MW Al Sila Wind IPP project, which will power 36,000 homes and reduce 190,000 tonnes of CO₂ annually. The project will expand Abu Dhabi’s wind capacity to 240 MW, with the selected developer owning up to 40% and entering a long-term PPA with EWEC. Proposals are due by Q2 2025, supporting the UAE’s renewable energy transition and future wind capacity growth to 2.6 GW by 2035.
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• Power
• PPP

The GCC Interconnection Authority (GCCIA) and the Qatar Fund for Development (QFFD) have signed a $100 million ..Read More

The GCC Interconnection Authority (GCCIA) and the Qatar Fund for Development (QFFD) have signed a $100 million financing agreement for a $700 million direct grid connection project linking the GCCIA network with Oman. The project includes 530 km of 400 kV transmission lines, two substations (Ibri & Al Baynunah), and a dynamic compensator station, providing 1,700 MW transmission capacity. This initiative enhances regional energy integration, reduces power costs, increases grid reliability, and supports carbon emission reduction, aligning with sustainability and energy security goals in the GCC.
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• Power

CDE has signed a deal with Advanced Technology Recycling (ATR) to supply wet processing technology for constru ..Read More

CDE has signed a deal with Advanced Technology Recycling (ATR) to supply wet processing technology for construction and demolition (C&D) waste in Qatar, marking a first in the Gulf region. Signed in December 2024, the partnership enables ATR to efficiently recover valuable resources, supporting sustainable waste management. This collaboration aligns with Qatar’s environmental goals and CDE’s mission to tackle global waste challenges through innovative recycling solutions.
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• Power

The Ministry of Housing and Urban Planning, Oman signed 8 agreements worth over RO 68 million to develop integ ..Read More

The Ministry of Housing and Urban Planning, Oman signed 8 agreements worth over RO 68 million to develop integrated residential neighborhoods and layouts across various governorates, covering over 1.7 million sqm. Four agreements will deliver 1,300+ housing units with modern amenities in Sur, Sumail, Izki, and Al Buraimi, while four others will develop 1,000+ land plots with infrastructure in Liwa, Bahla, Ibri, and Bidiya. Additionally, four new investment opportunities were launched to develop residential neighborhoods across 1.28 million sqm in North Al Batinah, North A’Sharqiyah, Dhofar, and South Al Batinah.
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• Construction

xSAL Logistics Services has signed a cooperation agreement with the Madinah Region Development Authority to en ..Read More

xSAL Logistics Services has signed a cooperation agreement with the Madinah Region Development Authority to enhance logistics services and smart facilities at Prince Mohammed bin Abdulaziz International Airport in Madinah. The agreement, signed by Saleh bin Ahmed Aldaini and Abdulmajeed Mangara, aims to boost air cargo operations, improve the logistics performance index, and support Saudi Vision 2030. Key initiatives include smart facility systems, sustainability projects, seasonal event support, and logistics workshops, reinforcing Saudi Arabia’s ambition to become a global logistics hub.
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• Power

Mitsubishi Power has secured a major order from Morocco’s ONEE to supply two M701JAC gas turbines for the 99 ..Read More

Mitsubishi Power has secured a major order from Morocco’s ONEE to supply two M701JAC gas turbines for the 990 MW Al Wahda Open Cycle Gas Turbine Power Plant, set to begin operations in 2027. Located near Al Wahda Dam, the plant will stabilize Morocco’s national grid, support renewable energy integration, and contribute to the country’s goal of 52% renewable energy by 2030. Mitsubishi Power also signed a long-term service agreement with ONEE to ensure sustained reliability. The project, developed in partnership with China Energy Engineering Corporation Limited (CEEC), marks a key milestone in Morocco’s energy transition.
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• Power