NEOM has partnered with CarbonCure Technologies, Abdullah Abdin, and Gulf Cryo to integrate carbon capture and ..Read More

NEOM has partnered with CarbonCure Technologies, Abdullah Abdin, and Gulf Cryo to integrate carbon capture and utilization technologies in the construction of sustainable concrete for NEOM's development. The collaboration will use CO2 captured by Gulf Cryo and injected into concrete by CarbonCure, ensuring permanent carbon mineralization and reducing the carbon footprint of cement production. This project, supported by the Saudi Ministry of Energy, aligns with Saudi Vision 2030’s goals of sustainable construction and decarbonization, setting a new benchmark for green building in the region.
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• NEOM

The consortium of TotalEnergies and Aljomaih Energy and Water Company (AEW) signed a 25-year PPA with SPPC for ..Read More

The consortium of TotalEnergies and Aljomaih Energy and Water Company (AEW) signed a 25-year PPA with SPPC for the 300 MW Rabigh 2 solar project, part of Saudi Arabia's National Renewable Energy Program (NREP). Scheduled for grid connection in 2026, the project supports Vision 2030 by aiming for a 50% renewable energy mix and reducing reliance on liquid fuels. This marks another milestone for TotalEnergies in Saudi Arabia's energy transition efforts.
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• Power
• PPP

Soudah Development, a PIF company, has appointed AECOM to lead the architectural and engineering design for So ..Read More

Soudah Development, a PIF company, has appointed AECOM to lead the architectural and engineering design for Soudah Peaks, a luxury tourism destination in Saudi Arabia. Set to offer high-end hospitality services by 2033, the project will feature six development zones with hotels, resorts, residential units, and outdoor attractions. The masterplan emphasizes sustainability and preservation of the region’s natural and cultural heritage, with phase one slated for completion by 2027.
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• Construction

Aramco, TotalEnergies, and Saudi Investment Recycling Company (SIRC) have signed a Joint Development and Cost ..Read More

Aramco, TotalEnergies, and Saudi Investment Recycling Company (SIRC) have signed a Joint Development and Cost Sharing Agreement to explore the development of a sustainable aviation fuel (SAF) plant in Saudi Arabia. The plant will focus on recycling local waste, such as used cooking oils and animal fats, to produce SAF, contributing to the reduction of aviation emissions. The collaboration supports Saudi Arabia's Vision 2030 sustainability goals and aims to advance the circular economy.
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• Transport

Bechtel celebrated the inauguration of the Riyadh Metro, Saudi Arabia’s first underground railway project, w ..Read More

Bechtel celebrated the inauguration of the Riyadh Metro, Saudi Arabia’s first underground railway project, which will initially serve 1.2 million daily passengers and ultimately have a capacity of 3.6 million. The project, delivered by the BACS consortium, includes the Blue and Red Lines, covering 63.1 km with 40 stations. The metro aims to increase public transport usage in Riyadh from 2% to 18% by 2030, with sustainability features such as renewable energy powering some stations.
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• Transport

MATARAT Holding, in partnership with the National Center for Privatization & PPP, has invited Expressions of I ..Read More

MATARAT Holding, in partnership with the National Center for Privatization & PPP, has invited Expressions of Interest for the new Taif International Airport project. Aligned with Saudi Arabia’s Vision 2030, the project aims to enhance the aviation sector, featuring a new airport with a capacity to handle 2.5 million passengers by 2030. The development includes a new runway, passenger terminal, and associated infrastructure, and will be awarded on a Build-Transfer-Operate (BTO) model with a 30-year contract duration.
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• Construction

Aramco has completed a purchase of a 10% equity stake in Horse Powertrain, a leader in hybrid and internal com ..Read More

Aramco has completed a purchase of a 10% equity stake in Horse Powertrain, a leader in hybrid and internal combustion powertrain solutions, as part of its efforts to reduce transport emissions. This investment, valued at €7.4 billion, follows the signing of agreements with Renault Group and Geely, who each retain a 45% stake. Aramco’s involvement will accelerate the development of lower-emission mobility solutions, including alternative fuels and hydrogen technologies.
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• Oil & Gas

MATARAT Holding, in collaboration with the National Center for Privatization & PPP, has invited expressions of ..Read More

MATARAT Holding, in collaboration with the National Center for Privatization & PPP, has invited expressions of interest for the new Taif International Airport project. The airport, set to open by 2030, will have an initial capacity of 2.5 million passengers and will include new runways, terminals, and facilities. The project aligns with Saudi Arabia's Vision 2030 and aims to enhance the Kingdom's aviation and logistics sectors. It will be awarded under a Build-Transfer-Operate (BTO) model with a 30-year contract duration.
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• Transport