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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

Saudi Arabia

  •  December 29, 2024

ADES Holding Company, Saudi Arabia, has secured a Letter of Award (LOA) from PTTEP Energy Development Company ..Read More

ADES Holding Company, Saudi Arabia, has secured a Letter of Award (LOA) from PTTEP Energy Development Company for a five-year offshore jack-up drilling contract in the Gulf of Thailand, with an estimated backlog of SAR 1.035 billion. The contract includes the deployment of the Admarine 503 rig, strengthening ADES’ presence in Southeast Asia, where it now operates five jack-up rigs. This milestone reflects ADES’ agility in redeploying rigs and reinforces its strategic commitment to the region, contributing to its strong financial outlook for the year.
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Kuwait

  •  December 29, 2024

Heavy Engineering Industries & Shipbuilding Co. (HEISCO), Kuwait, has signed a KWD 33.5 million contract with ..Read More

Heavy Engineering Industries & Shipbuilding Co. (HEISCO), Kuwait, has signed a KWD 33.5 million contract with Kuwait Oil Company (KOC) to upgrade the gas and condensate network in East Kuwait Area-II. The project, with a duration of three years, aims to enhance the region's infrastructure and operational efficiency.
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Kuwait

  •  December 27, 2024

Heavy Engineering Industries & Shipbuilding Co. K.S.C. (HEISCO), Kuwait, in a joint venture with IHI Corporati ..Read More

Heavy Engineering Industries & Shipbuilding Co. K.S.C. (HEISCO), Kuwait, in a joint venture with IHI Corporation, Japan, has signed a KWD 173.18 million contract with Kuwait's Ministry of Electricity, Water, and Renewable Energy. The project involves upgrading steam boilers, thermal units, and auxiliary systems at the Doha West distillation station.
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Bahrain

  •  December 26, 2024

The Electricity and Water Authority (EWA) of Bahrain has received pre-qualification submissions for the Sitra ..Read More

The Electricity and Water Authority (EWA) of Bahrain has received pre-qualification submissions for the Sitra Independent Water and Power Project (IWPP), which includes a power capacity of 1,200 MW and 30 MIGD of desalinated seawater. Companies such as ACWA Power, Korea Electric Power Corporation, and Sumitomo Corp. are among the bidders for this build, own, and operate (BOO) project.
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Bahrain

  •  December 26, 2024

The Electricity and Water Authority (EWA) of Bahrain has received pre-qualification submissions for the Hidd I ..Read More

The Electricity and Water Authority (EWA) of Bahrain has received pre-qualification submissions for the Hidd Independent Water Project (Hidd IWP), a 60 MIGD potable water project to be developed on a build, own, and operate (BOO) basis. The project, aligned with Bahrain's 2030 master plan, aims to expand water infrastructure to meet rising demand. Applicants include Alghanim International, ACWA Power, Abu Dhabi National Energy Company, and others.
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Bahrain

  •  December 26, 2024

The Electricity and Water Authority (EWA) of Bahrain received a bid from Tecton Engineering and Construction w ..Read More

The Electricity and Water Authority (EWA) of Bahrain received a bid from Tecton Engineering and Construction worth BHD 64.85 million for the rehabilitation of the Ras Abu Jarjur RO Plant. The project aims to maintain a 16.2 MIGD water capacity, meet WHO drinking water standards, and adhere to environmental guidelines, while extending the plant's lifespan by 20 years. The scope includes replacing high-pressure pumps, reverse osmosis membranes, and upgrading structures with energy-efficient and environmentally compatible technologies.
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UAE

  •  December 25, 2024

AMEA Power, UAE, has been awarded two projects under South Africa's Battery Energy Storage Independent Power P ..Read More

AMEA Power, UAE, has been awarded two projects under South Africa's Battery Energy Storage Independent Power Producers Procurement Programme (BESIPPPP) Window 2. The Gainfar and Boitekong projects, each with a capacity exceeding 300MWh, will enhance Eskom's grid stability and address load-shedding issues. Gainfar connects to the Ngwedi substation, and Boitekong to the Marang substation, supporting South Africa's transition to sustainable energy.
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UAE

  •  December 25, 2024

Drydocks World has launched a $75 million South Yard expansion, increasing fabrication capacity by 40% and yar ..Read More

Drydocks World has launched a $75 million South Yard expansion, increasing fabrication capacity by 40% and yard capacity by 25%. The facility, equipped with advanced technologies, supports large-scale projects such as offshore wind energy infrastructure and FPSO conversions. It is powered by clean energy from the Sheikh Mohammed bin Rashid Al Maktoum Solar Park, aligning with Drydocks World’s sustainability goals. The expansion enhances the company’s ability to meet global energy transition demands and deliver complex marine and offshore solutions.
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