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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

Kuwait

  •  April 30, 2025

Combined Group Contracting (CGC) Company Emirates L.L.C., a subsidiary of CGC Kuwait, has secured a contract w ..Read More

Combined Group Contracting (CGC) Company Emirates L.L.C., a subsidiary of CGC Kuwait, has secured a contract worth AED 1.01 billion (USD 275.8 million) from Aldar Properties, UAE. The contract involves infrastructure works in Al Nahda area (Packages 3 and 4) with a project duration of 914 days. CGC was previously the lowest bidder for an internal road works project in the UAE.
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Kuwait

  •  April 30, 2025

Kuwait Company for Process Plant Construction & Contracting (KCPC) has been awarded subcontracts worth KWD 28. ..Read More

Kuwait Company for Process Plant Construction & Contracting (KCPC) has been awarded subcontracts worth KWD 28.3 million (USD 92.3 million) by China Gezhouba Group for asphalt works in multiple residential suburbs under the South Saad Al-Abdullah residential project in Kuwait. The scope includes construction, completion, and maintenance of roads across 15 suburbs, with each project having a duration of 1,090 days. The main contract was earlier awarded by PAHW in January 2025.
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Saudi Arabia

  •  April 29, 2025

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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Egypt

  •  April 29, 2025

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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Qatar

  •  April 29, 2025

Technip Energies has secured a Detailed Engineering Design contract worth between €50 million and €250 mil ..Read More

Technip Energies has secured a Detailed Engineering Design contract worth between €50 million and €250 million from Larsen & Toubro's Hydrocarbon Business for QatarEnergy LNG's North Field Production Sustainability Offshore Compression Project (NFPS COMP 4). The scope includes designing two offshore compression complexes with platforms, flare systems, and interconnecting bridges. This follows the successful completion of the FEED phase and was recorded in Q1 2025 under Technip’s Technology, Products & Services segment.
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Oman

  •  April 29, 2025

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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Saudi Arabia

  •  April 29, 2025

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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Saudi Arabia

  •  April 29, 2025

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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