The Water Transmission Company (WTCO) has announced 31 bidders for the Ras Mohaisen–Baha–Makkah Independen ..Read More

The Water Transmission Company (WTCO) has announced 31 bidders for the Ras Mohaisen–Baha–Makkah Independent Water Transmission System (IWTS), a 300 km project with a daily capacity of 515,000 cubic meters. Developed on a DBFLT model, the initiative aligns with Saudi Vision 2030 and the National Water Strategy to enhance water sustainability and desalination. The selected developer will lease the transmission capacity to WTCO for up to 35 years.
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• PPP
• Water

Sumitomo Corporation, Shikoku Electric Power, KOSPO, and KIND, in partnership with QEWC and Qatar Energy, have ..Read More

Sumitomo Corporation, Shikoku Electric Power, KOSPO, and KIND, in partnership with QEWC and Qatar Energy, have secured the Facility E Independent Water and Power Project in Qatar. The project, featuring a 2,400 MW gas-fired power plant and a 495,000 tons/day desalination facility, will employ high-efficiency turbines to reduce emissions and support Qatar's decarbonization goals. It marks Sumitomo's first and Shikoku Electric's second project in Qatar.
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• Power
• PPP
• Water

NEOM announced leading partners for the first phase of THE LINE, including DMAA, Gensler, and Mott MacDonald. ..Read More

NEOM announced leading partners for the first phase of THE LINE, including DMAA, Gensler, and Mott MacDonald. These firms will provide urban design, planning, and engineering expertise, ensuring a sustainable and innovative city design. THE LINE aims to redefine urban living with vertical city planning, no roads or cars, and a strong focus on nature and sustainability.
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• NEOM

EDF Group and the Masdar Consortium have achieved financial close on a $1.5 billion multi-utilities infrastruc ..Read More

EDF Group and the Masdar Consortium have achieved financial close on a $1.5 billion multi-utilities infrastructure project for AMAALA, Saudi Arabia’s luxury, eco-friendly Red Sea destination. Powered by 250 MW of solar energy, advanced desalination, and battery storage, the project positions AMAALA to lead in regenerative tourism and sustainability, with completion targeted for 2025.
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• AMAALA
• Finance
• Power

Alfanar has secured SAR 20 billion in strategic contracts with Saudi Electricity Company to deliver the Middle ..Read More

Alfanar has secured SAR 20 billion in strategic contracts with Saudi Electricity Company to deliver the Middle East’s largest high-voltage direct current (HVDC) project, advancing renewable integration and grid stability across Saudi Arabia. The 7 GW transmission link will connect key regions, supporting Vision 2030’s energy goals and enhancing the nation’s infrastructure for sustainable energy advancements.
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• Power

Petrofac has secured a multi-million-dollar contract with Bapco Upstream W.L.L. to support Bahrain’s gas pro ..Read More

Petrofac has secured a multi-million-dollar contract with Bapco Upstream W.L.L. to support Bahrain’s gas production needs by delivering well hook-ups, pipelines, and tie-ins for new wells in the Bahrain Field. This two-year contract builds on Petrofac’s decade-long collaboration with Bapco Upstream, with Group Chief Executive Tareq Kawash highlighting Petrofac’s engineering expertise and strong local partnerships to ensure high-quality, timely project delivery for Bahrain’s energy infrastructure.
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• Oil & Gas

Alfanar has secured SAR 20 billion in strategic contracts with Saudi Electricity Company to deliver the Middle ..Read More

Alfanar has secured SAR 20 billion in strategic contracts with Saudi Electricity Company to deliver the Middle East’s largest high-voltage direct current (HVDC) project, advancing renewable integration and grid stability across Saudi Arabia. The 7 GW transmission link will connect key regions, supporting Vision 2030’s energy goals and enhancing the nation’s infrastructure for sustainable energy advancements.
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• Power
• PPP

PIF and Google Cloud have partnered to create an AI hub near Dammam, Saudi Arabia, with the aim of driving AI ..Read More

PIF and Google Cloud have partnered to create an AI hub near Dammam, Saudi Arabia, with the aim of driving AI innovation, advancing workforce development, and developing advanced Arabic language models. The hub is projected to boost Saudi Arabia’s GDP by $71 billion and create thousands of jobs, contributing to a 50% growth in the ICT sector and strengthening Saudi Arabia's position in AI and digital technology.
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• Power