Aramco and Taulia, a leading SAP company in working capital solutions, have partnered with the Saudi Industria ..Read More

Aramco and Taulia, a leading SAP company in working capital solutions, have partnered with the Saudi Industrial Development Fund (SIDF) to launch a major supply chain financing program, one of the largest globally, aimed at providing affordable financing for Aramco’s suppliers. Announced at the FII 8th Edition in Riyadh, the new FinTech solution will improve suppliers' liquidity, enhance cash flow forecasting, and strengthen Aramco’s supply chain resilience, unlocking billions of Saudi Riyals in liquidity to support working capital optimization and alternative financing access for suppliers
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• Oil & Gas

The King Abdullah Financial District Development & Management Company (KAFD DMC) has signed an agreement with ..Read More

The King Abdullah Financial District Development & Management Company (KAFD DMC) has signed an agreement with CRRC and Hassan Allam Construction Saudi to launch a 3.6-kilometer, driverless Monorail in Riyadh. The system, with six trains and stations, will connect KAFD's offices, retail, and leisure spaces, integrating with the Riyadh Metro. Designed for 3,500 passengers per hour, the Monorail supports KAFD’s "10-Minute City" vision and sets a new standard for sustainable urban mobility.
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• Transport

Wood has secured an engineering services contract for Aramco’s Southern and Northern Areas gas increments pr ..Read More

Wood has secured an engineering services contract for Aramco’s Southern and Northern Areas gas increments project in Saudi Arabia, aimed at boosting natural gas production. The project will involve one million engineering hours, with Wood providing PMC services, Pre-FEED and FEED engineering for onshore gas facilities, and EPC contracting support. The seven-year project will engage over 400 employees across Saudi Arabia, the UK, and India.
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• Oil & Gas

Retal Urban Development Company, Saudi Arabia, has signed two agreements with National Housing Company to purc ..Read More

Retal Urban Development Company, Saudi Arabia, has signed two agreements with National Housing Company to purchase developed lands for residential development in Al Khozam Suburb, Riyadh, valued at SAR 947.6 million. Under the contract, Retal will develop 947 residential units over a 55-month period.
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• Construction

Sindalah Island Opens as NEOM’s First Luxury Destination, Showcasing Visionary Tourism with World-Class Amen ..Read More

Sindalah Island Opens as NEOM’s First Luxury Destination, Showcasing Visionary Tourism with World-Class Amenities, Unique Marine Ecosystem, and Year-Round Yachting in the Red Sea
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• NEOM

Saudi Arabia’s Ministry of Industry and Mineral Resources Opens 7th Exploration Licensing Round, Offering 7 ..Read More

Saudi Arabia’s Ministry of Industry and Mineral Resources Opens 7th Exploration Licensing Round, Offering 7 Sites Across 1,070 Sq. Km with Metals Including Cu, Au, Zn; Incentives Include 75% CAPEX Co-Funding, Tax Breaks, and 100% Foreign Ownership
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• Mining

ENGIE Signs Power Purchase Agreement with Al-Jouf Agricultural Development Co (JADCO) for 8 MWp Onsite Solar P ..Read More

ENGIE Signs Power Purchase Agreement with Al-Jouf Agricultural Development Co (JADCO) for 8 MWp Onsite Solar PV Project in Saudi Arabia's Busaita Industrial Complex, Aiming to Reduce Diesel Consumption and Avoid 13,000 Tonnes of CO2 Emissions Annually, Supporting Vision 2030
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• Power

KEC International Ltd. Secures 380kV Overhead Transmission Line (OHTL) Contract in Saudi Arabia, Expanding Its ..Read More

KEC International Ltd. Secures 380kV Overhead Transmission Line (OHTL) Contract in Saudi Arabia, Expanding Its International Order Book Amidst 50% Growth in Year-to-Date Order Intake, Driven by Success in the Middle East and Additional Global Projects
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• Power