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Welcome to our Resource Center, your hub for the latest insights and updates in the MENA region. Explore our collection of blogs, discover funding deals, stay informed on government initiatives, and keep up with key business conferences

Government Initiatives

Read about all the government initiatives in MENA region

Oman

  •  January 10, 2025

GS Inima, along with Aljomaih Energy and Water Company and SOGEX Oman, has achieved financial close for the Gh ..Read More

GS Inima, along with Aljomaih Energy and Water Company and SOGEX Oman, has achieved financial close for the Ghubrah III Desalination Plant in Oman. The plant, with a daily capacity of 300,000 cubic meters, will use Reverse Osmosis technology to support Oman’s Vision 2040 sustainability goals. Scheduled to begin operations in early 2027, this project represents a significant step in enhancing water security and fostering local economic growth.
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MENA

  •  January 10, 2025

KCA Deutag has secured $513 million in new contracts and extensions for drilling projects across the Middle Ea ..Read More

KCA Deutag has secured $513 million in new contracts and extensions for drilling projects across the Middle East, Africa, Latin America, and the UK. This includes $497 million in extensions and a new contract in Iraq for land drilling and $16 million in offshore contract extensions in the UK. These agreements reflect the company's strong performance and customer trust in its drilling operations.
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Saudi Arabia

  •  January 09, 2025

Retal Urban Development Company, Saudi Arabia, signed a SAR 374 million contract with its subsidiary, Building ..Read More

Retal Urban Development Company, Saudi Arabia, signed a SAR 374 million contract with its subsidiary, Building Construction Company, to construct 285 residential units in Murcia zone, Khozam suburb, Riyadh. The project will span 30 months from the contract's effective date.
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Saudi Arabia

  •  January 09, 2025

Diriyah Company awarded a $113.6 million (SAR 426.3 million) architecture and design contract to Omrania, part ..Read More

Diriyah Company awarded a $113.6 million (SAR 426.3 million) architecture and design contract to Omrania, part of the Egis group, for designing buildings in three community areas within Diriyah’s Boulevard District. Omrania will deliver concept to construction supervision, contributing to the $63.2 billion Diriyah project. This aligns with Diriyah’s broader development strategy, including other significant contracts for cultural and luxury projects.
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UAE

  •  January 09, 2025

Petrofac has secured a $330 million EPC contract from ADNOC Gas for a new gas compressor plant at the Habshan ..Read More

Petrofac has secured a $330 million EPC contract from ADNOC Gas for a new gas compressor plant at the Habshan Complex in Abu Dhabi. This marks the third such contract for Petrofac at the site, and the project will help ADNOC Gas increase output to support the Ruwais LNG project. The project is set for completion in 2028.
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UAE

  •  January 09, 2025

ADNOC Gas has awarded three contracts worth $2.1 billion for key infrastructure supporting the Ruwais LNG Proj ..Read More

ADNOC Gas has awarded three contracts worth $2.1 billion for key infrastructure supporting the Ruwais LNG Project. These include a $1.24 billion contract for an LNG pre-conditioning plant (LPP) awarded to a consortium of ENPPI and Petrojet, a $514 million contract for transmission pipelines to China Petroleum Pipeline Engineering, and a $335 million contract for compression facilities to Petrofac Emirates. The contracts are part of ADNOC's $15 billion CAPEX plan and aim to enhance LNG production, with the Ruwais LNG plant set to become one of the lowest-carbon intensity LNG facilities globally.
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UAE

  •  January 09, 2025

NMDC Energy has secured a $1.136 billion contract from Taiwan Power Company (Taipower) for the installation of ..Read More

NMDC Energy has secured a $1.136 billion contract from Taiwan Power Company (Taipower) for the installation of subsea gas pipelines and onshore construction works for the second phase of the Tung-Hsiao Power Plant renewal project. The project involves marine pipeline installation, dredging, and connecting offshore and onshore sections, with a focus on renewable energy initiatives. This contract strengthens NMDC Energy's presence in Taiwan and is expected to boost its revenue and global position in energy and marine engineering.
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UAE

  •  January 09, 2025

CB&I has secured a lump sum EPC contract from TJN Ruwais JV for the construction of two cryogenic LNG tanks an ..Read More

CB&I has secured a lump sum EPC contract from TJN Ruwais JV for the construction of two cryogenic LNG tanks and associated infrastructure for the Ruwais LNG project in Abu Dhabi, valued between $250 million and $500 million. This project, which will feature the first net-zero LNG facility in the Middle East, is scheduled for completion in early 2028. CB&I will lead the construction from its UAE office, with engineering support from the USA and fabrication from Saudi Arabia and Thailand.
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