PIF Saudi Arabia Launches Smart Accommodation for Residential Complexes Company (sarcc) to Meet Growing Demand ..Read More

PIF Saudi Arabia Launches Smart Accommodation for Residential Complexes Company (sarcc) to Meet Growing Demand for Staff Housing in Major Construction Projects. Designed to International Standards, Sarcc Aims to Transform the Accommodation Market and Support Private Sector Growth.
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• Construction

Combined Group Contracting (CGC), Kuwait, announces SAR 150.7 million civil works contract for gas treatment p ..Read More

Combined Group Contracting (CGC), Kuwait, announces SAR 150.7 million civil works contract for gas treatment plants awarded by a prestigious Middle Eastern company. The project, based at its Saudi Arabia branch, spans 20 months and involves significant building works.
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• Construction

SLB Secures Key Contracts in Gulf Countries Q3 2024: New JV with ADNOC for Unconventional Oil, LSTK Drilling w ..Read More

SLB Secures Key Contracts in Gulf Countries Q3 2024: New JV with ADNOC for Unconventional Oil, LSTK Drilling with KOC, and Integrated Well Services for Shell in Oman; Revenue Hits $3.30B, Up 1% QoQ and 16% YoY, Driven by Strong Sales Across the Region.
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• Oil & Gas

Arctech Signs 2.3 GW Supply Agreement for SkyLine II Solar Tracking System with China Energy Engineering Group ..Read More

Arctech Signs 2.3 GW Supply Agreement for SkyLine II Solar Tracking System with China Energy Engineering Group at 2024 Conference, Supporting ACWA Power's PIF4 Project in Taif, Saudi Arabia, Aiming for 156.189 Billion kWh Production and 147 Million Tons CO2 Reduction.
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• Power

ADNOC deploys AIQ’s Advanced Reservoir 360 (AR360) solution on over 30 reservoirs, enhancing reservoir manag ..Read More

ADNOC deploys AIQ’s Advanced Reservoir 360 (AR360) solution on over 30 reservoirs, enhancing reservoir management and field development planning. Initially tested in 2024 at Bab and Umm Shaif fields, AR360 optimizes drilling and production, supporting ADNOC’s digital transformation and sustainability goals.
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• Oil & Gas

ACCIONA Secures €300M Green Loan with Local Impact for GCC Sustainable Projects, Led by First Abu Dhabi Bank ..Read More

ACCIONA Secures €300M Green Loan with Local Impact for GCC Sustainable Projects, Led by First Abu Dhabi Bank and Standard Chartered as Coordinators; Funds to Advance Low-Carbon Materials and Aligned with EU Green Taxonomy
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• Finance

Schneider Electric Launches AI-Ready Data Center Manufacturing Facility in Hamriyah Free Zone, Supporting UAEâ ..Read More

Schneider Electric Launches AI-Ready Data Center Manufacturing Facility in Hamriyah Free Zone, Supporting UAE’s ‘Make it in the Emirates’ Strategy and ICV Program; Aims to Boost Local Production, Sustainability, and Job Creation with 70% Local Content
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• Manufacturing

Saudi Water Partnership Company Names ACWA Power-Led Consortium as Preferred Bidder for Ras Mohaisen IWP Proje ..Read More

Saudi Water Partnership Company Names ACWA Power-Led Consortium as Preferred Bidder for Ras Mohaisen IWP Project to Deliver 300,000 m³/Day of Potable Water with 25-Year WPA and Government Credit Support, Expected Operation by Q2 2028
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• PPP
• Water