Parsons announced contract wins in Saudi Arabia and UAE as part of its Q1 2025 results. In the UAE, it secured ..Read More

Parsons announced contract wins in Saudi Arabia and UAE as part of its Q1 2025 results. In the UAE, it secured a follow-on program and construction management contract in Dubai worth over $200 million, amid strong growth in transportation and urban development. In Saudi Arabia, it won a new five-year $49 million mixed-use urban development project. In the previous quarter, Parsons had been awarded $475 million in contracts across both countries.
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• Construction

NMDC Group, UAE has signed a contract valued at AED 383 million (USD 104.2 million) to construct a marina proj ..Read More

NMDC Group, UAE has signed a contract valued at AED 383 million (USD 104.2 million) to construct a marina project in Oman. The scope includes complete execution of marina works, with the project scheduled for completion in 15 months. The contract reflects NMDC’s continued regional expansion in marine infrastructure.
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• Construction

Egis has partnered with the Ministry of Transport of Qatar to develop the Qatar Public Transport Master Plan ( ..Read More

Egis has partnered with the Ministry of Transport of Qatar to develop the Qatar Public Transport Master Plan (QPTMP), a 30-month project aimed at transforming the nation’s transportation system. The plan will address urban growth, congestion, and environmental impact, providing actionable frameworks for planning, design, and implementation. It will also promote sustainability by reducing carbon emissions and supporting healthier lifestyles.
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• Transport

Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ) signed a Memorandum of Cooperation ..Read More

Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ) signed a Memorandum of Cooperation with OQ Alternative Energy to implement an Energy Excellence Programme aimed at achieving net-zero emissions by 2050. The MoC includes support for energy efficiency assessments, decarbonisation initiatives, ISO 50001 certification, and the development of an energy strategy. The initiative aligns with Oman Vision 2040 and supports sustainability efforts across economic zones, free zones, and industrial cities.
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• Manufacturing
• Power

Nesma Infrastructure and Technology (NIT) has signed a SAR 90 million contract with the Saudi Electricity Comp ..Read More

Nesma Infrastructure and Technology (NIT) has signed a SAR 90 million contract with the Saudi Electricity Company (SEC) for a high-voltage transmission project in Makkah. The project involves interconnecting the Nawaryah substation with Makkah North BSP (underground), and retiring three 110 KV substations. The scope includes EPC, testing, commissioning, and energization, with completion targeted in 18 months on a lump sum turnkey basis.
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• Power

Doosan Enerbility has signed a $100 million contract with Saudi Arabia’s Marafiq to convert the Yanbu 2 powe ..Read More

Doosan Enerbility has signed a $100 million contract with Saudi Arabia’s Marafiq to convert the Yanbu 2 power plant from oil to gas, targeting completion by 2028. The upgrade will maintain the plant’s 1,375 MW capacity while cutting carbon emissions by ~25%. Doosan will supply combustion and control systems, and manage commissioning. This aligns with Saudi plans to award 1.4 GW of fuel conversion projects annually until 2027, with Doosan also active in Chile and Vietnam.
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• Power

Diriyah Company, Saudi Arabia has awarded a $1.13 billion (SAR 4.225 billion) contract to a JV of China Railwa ..Read More

Diriyah Company, Saudi Arabia has awarded a $1.13 billion (SAR 4.225 billion) contract to a JV of China Railway Construction Corporation Limited Saudi Branch and CRCGCPC for relocating King Saud University's utilities and admin offices within the Diriyah masterplan. The scope includes utility relocation, district cooling, sewage and water facilities, and multiple buildings. The project adds to Diriyah’s total awarded contracts, now exceeding $2.9 billion in 2025, and aligns with the broader urban development backed by Saudi Arabia’s Public Investment Fund.
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• Construction

National Energy Services Reunited Corp. (NESR) has secured five-year Slickline contracts worth US$200 million ..Read More

National Energy Services Reunited Corp. (NESR) has secured five-year Slickline contracts worth US$200 million in Kuwait and Oman, expanding its Drilling & Evaluation (D&E) segment across the MENA region. These new awards mark NESR’s entry into Slickline services in both countries, building on existing strengths in Saudi Arabia and Egypt. The move supports NESR’s “portfolio pull through” strategy and reinforces its position among the top three regional providers of evaluation services.
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• Oil & Gas