Combined Group Contracting (CGC) has secured two significant EPC contracts worth a total of $104.3 million fro ..Read More

Combined Group Contracting (CGC) has secured two significant EPC contracts worth a total of $104.3 million from Kuwait Oil Company, including a feeder trunk line for Jurassic production facilities and a gas export pipeline in West Kuwait.
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• Oil & Gas

NEOM Green Hydrogen Company (NGHC) has achieved 80% construction completion on the world’s largest green hyd ..Read More

NEOM Green Hydrogen Company (NGHC) has achieved 80% construction completion on the world’s largest green hydrogen project in Oxagon, NEOM, as of early Q1 2025. The facility, a JV between ACWA Power, Air Products, and NEOM, will produce up to 600 tonnes/day of carbon-free hydrogen as green ammonia, reducing global CO₂ emissions by 5 million tonnes annually. Powered by 4 GW of solar and wind energy (completion by mid-2026), the plant aims for first product availability in 2027 and secured $8.4B in financing.
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• Hydrogen
• NEOM
• Power

NEOM Green Hydrogen Company (NGHC) has achieved 80% construction completion on the world’s largest green hyd ..Read More

NEOM Green Hydrogen Company (NGHC) has achieved 80% construction completion on the world’s largest green hydrogen project in Oxagon, NEOM, as of early Q1 2025. The facility, a JV between ACWA Power, Air Products, and NEOM, will produce up to 600 tonnes/day of carbon-free hydrogen as green ammonia, reducing global CO₂ emissions by 5 million tonnes annually. Powered by 4 GW of solar and wind energy (completion by mid-2026), the plant aims for first product availability in 2027 and secured $8.4B in financing.
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• Hydrogen
• NEOM
• Power

Aldar has launched Fahid Island, a AED 40B wellness-focused coastal development in Abu Dhabi featuring 6,000+ ..Read More

Aldar has launched Fahid Island, a AED 40B wellness-focused coastal development in Abu Dhabi featuring 6,000+ homes, 30% green space, and world-class amenities. The island saw AED 3.5B in first-week sales and is set to be the world’s first Fitwel-certified wellness island.
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• Tourism

Aldar has unveiled Fahid Island, a AED 40 billion wellness-focused coastal development in Abu Dhabi featuring ..Read More

Aldar has unveiled Fahid Island, a AED 40 billion wellness-focused coastal development in Abu Dhabi featuring over 6,000 luxury homes, extensive green spaces, and eco-friendly design, marking the world’s first Fitwel-certified island
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• Construction

​Lamar Holding and Asyad Group have broken ground on Aramco’s Abu Ali staff housing project on Abu Ali Isl ..Read More

​Lamar Holding and Asyad Group have broken ground on Aramco’s Abu Ali staff housing project on Abu Ali Island—serving around 500 employees under a 20-year PPP, with operations set to begin in 2027
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• Construction

Aljomaih Energy and Water Company (Saudi Arabia) and France’s TotalEnergies have achieved financial close on ..Read More

Aljomaih Energy and Water Company (Saudi Arabia) and France’s TotalEnergies have achieved financial close on the 300 MW Rabigh 2 Solar IPP project, valued at SAR 825 million (USD 220 million). A 25-year Power Purchase Agreement was signed with SPPC in Dec 2024 as part of Saudi Arabia’s Round 5 National Renewable Energy Program. The plant, set to connect to the grid by 2026, supports the Kingdom’s Vision 2030 goal of a 50-50 gas-renewables energy mix.
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• Finance
• Power

Aljomaih Energy and Water Company (Saudi Arabia) and France’s TotalEnergies have achieved financial close on ..Read More

Aljomaih Energy and Water Company (Saudi Arabia) and France’s TotalEnergies have achieved financial close on the 300 MW Rabigh 2 Solar IPP project, valued at SAR 825 million (USD 220 million). A 25-year Power Purchase Agreement was signed with SPPC in Dec 2024 as part of Saudi Arabia’s Round 5 National Renewable Energy Program. The plant, set to connect to the grid by 2026, supports the Kingdom’s Vision 2030 goal of a 50-50 gas-renewables energy mix.
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• Finance
• Power