Saudi Entertainment Ventures (SEVEN), part of the Public Investment Fund (PIF), is investing SAR 1.3 billion t ..Read More

Saudi Entertainment Ventures (SEVEN), part of the Public Investment Fund (PIF), is investing SAR 1.3 billion to develop a new entertainment destination in Jazan, designed by Gensler and built by Alfanar Projects. Spanning 73,000 m², the project will feature an indoor golf course, cinema complex, thrill rides, electric karting, an adventure center, dining, and retail options, reflecting Jazan’s natural beauty and cultural heritage. It is part of SEVEN's broader plan to create 21 entertainment destinations across 14 cities in Saudi Arabia.
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• Construction

Bawan announced that its subsidiary, Petronash Arabia, secured an SAR 832 million contract with Saudi Aramco t ..Read More

Bawan announced that its subsidiary, Petronash Arabia, secured an SAR 832 million contract with Saudi Aramco to supply special products for gas wells. This is the third purchase order under a long-term agreement, with deliveries scheduled from October 2025 to August 2026.
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• Oil & Gas

Dubai's Roads and Transport Authority (RTA) has awarded a AED20.5 billion contract for the Dubai Metro Blue Li ..Read More

Dubai's Roads and Transport Authority (RTA) has awarded a AED20.5 billion contract for the Dubai Metro Blue Line to a consortium of MAPA, LIMAK, and CRRC. The 30-kilometer line, featuring 14 stations, will improve connectivity and support the Dubai 2040 Urban Master Plan. With a focus on sustainability, the Blue Line will reduce traffic congestion, boost property values, and enhance public transport, serving up to 320,000 passengers daily by 2040. Construction will begin in April 2025, with operations expected to start in September 2029.
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• Transport

Shandong Electric Power Construction (SEPCO) has been awarded the contract for the 300 MW Rabigh 2 solar power ..Read More

Shandong Electric Power Construction (SEPCO) has been awarded the contract for the 300 MW Rabigh 2 solar power project in Saudi Arabia, part of Round 5 of the National Renewable Energy Program (NREP). The project, developed by a TotalEnergies and Aljomaih consortium under a 25-year PPA with SPPC, aims to support Vision 2030 by achieving a 50% renewable energy mix. Grid connection is planned for 2026.
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• Power

Nama Water Services in Oman has launched a project to establish water distribution networks in the Wilayats of ..Read More

Nama Water Services in Oman has launched a project to establish water distribution networks in the Wilayats of Ibri, Yanqul, and Dhank in Al Dhahirah Governorate, valued at OMR 235 million. The project, expected to complete by mid-2028, aims to provide sustainable drinking water to over 270,000 people and expand connections to 500,000 by 2050, addressing future demand and population growth.
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• Water

Ohana Development has partnered with luxury brand Jacob & Co. to launch "Jacob & Co. Beachfront Living by Ohan ..Read More

Ohana Development has partnered with luxury brand Jacob & Co. to launch "Jacob & Co. Beachfront Living by Ohana," a luxury beachfront project in Abu Dhabi. Featuring villas, apartments, and mansions with stunning sea views and resort-style amenities, the development includes unique offerings like the Jacob & Co. Beach Club and Seafront Cigar Lounge. Completion is slated for Q2 2028, with the official launch in Q1 2025.
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• Construction

Dar Global and the Trump Organization have announced Trump Tower Jeddah, a SAR 2 billion, 47-floor luxury resi ..Read More

Dar Global and the Trump Organization have announced Trump Tower Jeddah, a SAR 2 billion, 47-floor luxury residential tower along Jeddah's Corniche. Featuring the Kingdom's first exclusive Trump Club, the tower offers elite residences, world-class facilities, and breathtaking Red Sea views. This project marks the third collaboration between the two entities, showcasing a commitment to ultra-luxury and modern urban living in the Middle East.
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• Construction

ADNOC Drilling, SLB, and Patterson-UTI finalized the Turnwell Industries joint venture, with ADNOC holding a 5 ..Read More

ADNOC Drilling, SLB, and Patterson-UTI finalized the Turnwell Industries joint venture, with ADNOC holding a 55% stake. Turnwell has achieved record efficiency in its initial 144 unconventional wells, reducing delivery time by 13% and costs by 53% on a four-well pad. The JV aims to unlock Abu Dhabi’s vast unconventional oil and gas resources using advanced drilling technologies and AI-driven innovations.
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• Oil & Gas