BYD Energy Storage (China) has begun shipping the world’s largest 12.5 GWh grid-scale Battery Energy Storage ..Read More

BYD Energy Storage (China) has begun shipping the world’s largest 12.5 GWh grid-scale Battery Energy Storage System (BESS) to Saudi Arabia, with the first batch of 120 MC Cube-T cabinets departing from Guangxi on April 27, 2025. The full project includes 2,364 cabinets and supports Saudi Arabia’s green energy transition. The contract with Saudi Electricity Company (SEC) was signed in January 2025, covering design, supply, installation supervision, and maintenance.
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• Power

Dar Global and The Trump Organization have launched the Trump International Hotel & Tower, Dubai, the Middle E ..Read More

Dar Global and The Trump Organization have launched the Trump International Hotel & Tower, Dubai, the Middle East’s first Trump-branded luxury development, rising 350m with 80 floors along Sheikh Zayed Road. The project offers exclusive residential and hospitality amenities, including private lounges, the highest outdoor pool globally, and two penthouses with sky pools inspired by Trump Tower New York. This marks their fifth collaboration, following successful projects in Saudi Arabia and Oman, reinforcing confidence in the region’s real estate and tourism growth.
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• Construction

Schneider Electric hosted its Innovation Talks in Riyadh, announcing the $850M acquisition of Motivair (75% st ..Read More

Schneider Electric hosted its Innovation Talks in Riyadh, announcing the $850M acquisition of Motivair (75% stake), a leader in liquid cooling for AI and HPC data centers. This move supports Saudi Arabia’s Vision 2030 and its goal to increase data center capacity by 37% by 2027. Schneider also signed multiple MoUs with Dulb, Edarat, Mobily, and DataVolt to develop sustainable, AI-driven digital infrastructure. With Saudi Arabia accounting for 86% of Middle East’s data center capacity, Schneider is reinforcing its role as a key partner in the Kingdom’s digital and green transformation.
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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

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

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

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