Elsewedy Electric KSA – High Voltage Projects has secured a contract to extend 110 kV underground cables in ..Read More

Elsewedy Electric KSA – High Voltage Projects has secured a contract to extend 110 kV underground cables in Saudi Arabia. The project will improve electricity transmission by connecting the new Riyadh 110/13.8 kV substation and reinforcing backup power for HP2 and KZM BSPs in Jeddah. This contract reflects the Saudi Electricity Company’s continued trust in EEKSA’s quality standards and aligns with Saudi Arabia’s Vision 2030 goals.
Read Less

• Power

Saudi Arabia’s Ministry of Industry and Mineral Resources has announced that six mining companies have quali ..Read More

Saudi Arabia’s Ministry of Industry and Mineral Resources has announced that six mining companies have qualified for the first wave of the Exploration Enablement Program (EEP). Launched at the Future Minerals Forum 2024, the initiative aims to boost mining investments, accelerate exploration, and enhance sector competitiveness. The program, aligned with Saudi Vision 2030, facilitates technical and geological data reliability while reducing risks for exploration companies.
Read Less

• Mining

Al Madinah Regional Municipality, in collaboration with the Ministry of Municipalities and Housing and the Nat ..Read More

Al Madinah Regional Municipality, in collaboration with the Ministry of Municipalities and Housing and the National Center for Privatization & PPP, has launched the EOI and RFQ phase for the development of a 30,112-square-meter mixed-use site in Dhul Hulaifah. Located 6 km from Al Masjid an-Nabawi, the project will include a 4-star hotel, retail, and healthcare facilities, developed under a Public-Private Partnership (PPP) model. The private sector will handle design, construction, and operation for 30 years under a Build-Own-Operate-Transfer (BOOT) contract.
Read Less

• Construction
• PPP

Al Madinah Regional Municipality, along with the Ministry of Municipalities and Housing and the National Cente ..Read More

Al Madinah Regional Municipality, along with the Ministry of Municipalities and Housing and the National Center for Privatization & PPP, has launched the Expression of Interest (EOI) and Request for Qualification (RFQ) phase for the development of an 84,657-square-meter government-owned site in Sikkah Al Hadid. The project, to be executed through a Public-Private Partnership (PPP), will include a shopping mall, retail stores, a four-story healthcare facility with 200 inpatient beds, outpatient clinics, and entertainment spaces. The private sector will handle the design, construction, operation, and maintenance under a Build-Own-Operate-Transfer (BOOT) contract for 30 years.
Read Less

• Construction
• PPP

PowerChina Guizhou Engineering Co., Ltd. has signed EPC contracts for two photovoltaic projects, Al Masa’a ( ..Read More

PowerChina Guizhou Engineering Co., Ltd. has signed EPC contracts for two photovoltaic projects, Al Masa’a (1,250 MW) and Al Henakiyah 2 (500 MW), in Saudi Arabia under the National Renewable Energy Program. The projects will generate 4.4 billion kWh of clean energy annually, supplying 550,000 homes and reducing carbon emissions by 2.88 million tons. This marks Guizhou Engineering's first collaboration with SPIC Huanghe Hydropower and EDF Renewables in the Middle East, supporting Saudi Arabia’s Vision 2030 clean energy goals.
Read Less

• Power

Red Sea International’s subsidiary, The Fundamental Installation for Electric Work Co. Ltd., has signed a SA ..Read More

Red Sea International’s subsidiary, The Fundamental Installation for Electric Work Co. Ltd., has signed a SAR 265.9 million contract with ALEC Saudi Arabia for MEP works at the “iLMi” Science Discovery and Innovation Center in Riyadh. The project includes deep utilities, PV systems, museum exhibits, and more, spanning nine levels with exhibition galleries, an amphitheater, and offices. The contract duration is 636 days.
Read Less

• Construction

Kingdom Holding Company has restarted concrete pouring for Jeddah Tower, set to be the world’s tallest build ..Read More

Kingdom Holding Company has restarted concrete pouring for Jeddah Tower, set to be the world’s tallest building at over 1,000 meters. Managed by Jeddah Economic Company with renowned architects and engineers, the tower will feature luxury residences, commercial spaces, a Four Seasons hotel, and an observation deck. In October 2024, a $1.92 billion contract was awarded to Saudi Binladin Group to resume construction.
Read Less

• Construction

Vale has signed a land reservation agreement with Saudi Arabia’s Royal Commission of Jubail and Yanbu to est ..Read More

Vale has signed a land reservation agreement with Saudi Arabia’s Royal Commission of Jubail and Yanbu to establish a Mega Hub at Ras Al-Khair Industrial City for green-steel production. The hub, developed in two phases, will produce up to 12 million tons of cold-briquetted iron ore (CBI) annually, supporting net-zero steelmaking. Part of Vale’s broader strategy, the project aligns with Saudi Vision 2030, leveraging the Kingdom’s resources and strategic location to drive industrial growth and sustainability.
Read Less

• Manufacturing