Mazoon Mining, a subsidiary of Minerals Development Oman, secured RO 104 million (USD 270 million) in financin ..Read More

Mazoon Mining, a subsidiary of Minerals Development Oman, secured RO 104 million (USD 270 million) in financing from regional banks to develop Oman’s largest integrated copper concentrate project in Yanqul, spanning 20 sq. km. The project will produce 115,000 tonnes of copper concentrate annually (21.5% purity) from 22.9 million tonnes of ore. Key contracts were signed with ASYAD, ONEIC, STRABAG Oman, and Lycopodium (Canada), with supply agreements from Metso. The project emphasizes sustainability and aligns with Oman Vision 2040.
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• Construction
• Mining

Kapsch TrafficCom AG (Austria) has been awarded a five-year contract by Sharjah Roads & Transport Authority (S ..Read More

Kapsch TrafficCom AG (Austria) has been awarded a five-year contract by Sharjah Roads & Transport Authority (SRTA), UAE, for the implementation and maintenance of systems in five key tunnels, including the 2.7 km Al Multaqa tunnel—the longest covered tunnel in the Middle East. Valued in the double-digit millions (USD), the project starts in May 2025 and includes MEP systems, SCADA integration, AI-enabled traffic management, fire and safety systems, and XR-enabled control rooms. The project aims to enhance safety, reduce travel time, and improve air quality between Khorfakkan and Sharjah.
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• Construction

Bechtel (USA) has signed an agreement with the King Salman International Airport Development Company (Saudi Ar ..Read More

Bechtel (USA) has signed an agreement with the King Salman International Airport Development Company (Saudi Arabia) to serve as the delivery partner for three major terminals at the upcoming King Salman International Airport (KSIA) in Riyadh. The airport, expected to be the world’s largest, will feature six parallel runways and handle 185 million passengers and 3.5 million tons of cargo annually by 2050. The project includes a commercial terminal, Terminal 6 for low-cost carriers, and a private aviation terminal, all targeting LEED Platinum certification, and aligns with Saudi Vision 2030.
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• Construction

Parsons Corporation (USA) has been awarded two major Delivery Partner contracts by the King Salman Internation ..Read More

Parsons Corporation (USA) has been awarded two major Delivery Partner contracts by the King Salman International Airport Development Company (KSA), owned by the Public Investment Fund. The contracts cover airfield assets (runways, taxiways, control towers) and landside infrastructure (roads, tunnels, rail, utilities) for the upcoming King Salman International Airport in Riyadh. Spanning an initial 4-year phase, the project supports Saudi Vision 2030 and aims to handle 120 million passengers by 2030 and 185 million by 2050 across 6 parallel runways on a 57 km² site.
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• Construction

Qatar’s Public Works Authority (Ashghal) announced a QAR 81 billion five-year infrastructure plan (2025-2029 ..Read More

Qatar’s Public Works Authority (Ashghal) announced a QAR 81 billion five-year infrastructure plan (2025-2029) covering citizens’ land development, government buildings, sewage networks, and strategic rainwater outfalls. The plan emphasizes sustainability, digital transformation, and public-private partnerships, aiming to improve quality of life and enhance operational efficiency. Ashghal also supports the local economy with increased contracts to local suppliers (77% in 2024) and financial aid worth QAR 21 billion to the contracting sector, aligning with Qatar National Vision 2030.
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• Construction

Qatar’s Kahramaa has signed a strategic agreement with QatarEnergy, Qatar Electricity & Water Company, and J ..Read More

Qatar’s Kahramaa has signed a strategic agreement with QatarEnergy, Qatar Electricity & Water Company, and Japan’s Sumitomo Corporation for the development of the Ras Abu Fontas power and water facility, with a total capacity of 2400 MW and 110 MGD, and a cost of QAR 13.5 billion (USD 3.7B). The facility will supply 23% of Qatar’s power and 20% of its water needs, with phased commissioning starting April 2028 and full operations by June 2029. The project aligns with Qatar National Vision 2030 and supports sustainability, grid efficiency, and economic growth.
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• Power
• PPP
• Water

ENGIE has successfully revived the Sohar 1 Power and Desalination Plant in Oman by signing a new Power Purchas ..Read More

ENGIE has successfully revived the Sohar 1 Power and Desalination Plant in Oman by signing a new Power Purchase Agreement (PPA) in October 2024, following a debt restructuring. The plant, originally a 585 MW CCGT and 150,000 m³/day desalination facility, will now operate with 405 MW Open Cycle Gas Turbine (OCGT) capacity. It achieved Commercial Operation Date (COD) on March 28, 2025.
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• Power
• Water

Oman’s Ministry of Agriculture, Fisheries and Water Resources inaugurated the RO 23 million Wadi Anaar Dam i ..Read More

Oman’s Ministry of Agriculture, Fisheries and Water Resources inaugurated the RO 23 million Wadi Anaar Dam in Salalah, Dhofar, to enhance flood protection and water security by capturing runoff from nearby mountains. The dam features advanced smart monitoring systems, seismic sensors, surveillance cameras, and remotely controlled automatic gates for real-time water flow management. The opening ceremony was overseen by the Minister of Labour, Dr. Mahad Said Ba’owain.
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• Construction