Al Yamamah Steel Industries secured a SAR 174.9 million contract with Hyundai Engineering & Construction to su ..Read More

Al Yamamah Steel Industries secured a SAR 174.9 million contract with Hyundai Engineering & Construction to supply steel towers for a 380 kV ultra-high-voltage line in Saudi Arabia's western region, with a one-year duration. Previously, the company was awarded a $30 million contract from National Power Construction Corporation Limited.
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• Power

Group AMANA and Al Moammar Information Systems (MIS) have signed an MoU at LEAP 2025 to accelerate Saudi Arabi ..Read More

Group AMANA and Al Moammar Information Systems (MIS) have signed an MoU at LEAP 2025 to accelerate Saudi Arabia’s digital transformation by developing high-performance, ESG-compliant data centers. This partnership combines AMANA’s expertise in scalable construction with MIS’s IT solutions to support AI, cloud computing, and enterprise digitalization. Aligning with Vision 2030, the initiative ensures energy-efficient, AI-ready infrastructure for enterprises, hyperscalers, and government entities, reinforcing Saudi Arabia’s position as a global digital powerhouse.
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• Construction

Al-Babtain Power and Telecommunication signed a SAR 622 million contract with Saudi Service for Electromechani ..Read More

Al-Babtain Power and Telecommunication signed a SAR 622 million contract with Saudi Service for Electromechanical Works (SSEM) to design, test, manufacture, and supply a 500kV Overhead Transmission Line (OHTL) for the COA-SOA Interconnection Link (Portion III) over 24 months. Previously, the company secured a $104 million steel towers supply contract with L&T.
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• Power

Hassan Allam Holding's subsidiary, Kortech, has secured two additional MEP Enhancement Works packages at the K ..Read More

Hassan Allam Holding's subsidiary, Kortech, has secured two additional MEP Enhancement Works packages at the King Abdullah Financial District (KAFD) in Riyadh. The expanded scope covers firefighting, plumbing, HVAC, electrical, ICT, BMS, and fire alarm systems across multiple office buildings, spanning 22,000+ m². As Riyadh’s premier business district, KAFD plays a key role in Saudi Arabia’s modern urban vision, with Kortech contributing to its transformation. Hassan Allam Holding continues its global expansion, delivering high-quality construction and development projects.
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• Construction

Raissy Trading & Contracting Co. Ltd. secured a SAR 131 million contract from Saudi Electricity Company (SEC) ..Read More

Raissy Trading & Contracting Co. Ltd. secured a SAR 131 million contract from Saudi Electricity Company (SEC) for the 110/13.8kV substation project at MAADEN BARRICK COPPER Co. in the Madinah Region. The project scope includes design, material supply, installation, testing, and commissioning, with a duration of 23 months.
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• Power

Mabanee’s KSA subsidiary has signed two contracts worth SAR 1.13 billion for Phase 2 (Towers) of The Avenues ..Read More

Mabanee’s KSA subsidiary has signed two contracts worth SAR 1.13 billion for Phase 2 (Towers) of The Avenues Riyadh. Alghanim International Al Saudia will construct three towers for SAR 656 million, while Al-Ahmadiah Contracting & Trading Company will build two towers for SAR 475 million. The project is set to be completed within 24 to 33 months from the start date.
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• Construction

Alghanim Industries has broken ground on a new 256,000 sqm Kirby Building Systems facility in Sudair Industria ..Read More

Alghanim Industries has broken ground on a new 256,000 sqm Kirby Building Systems facility in Sudair Industrial City, Saudi Arabia, with an annual production capacity of 100,000 metric tons each of structural steel and PEB. This investment supports Vision 2030 by boosting Saudi Arabia’s export capabilities and positioning the Kingdom as a global hub for high-quality steel structures. The facility will create local employment, enhance expertise in steel fabrication, and supply international markets across the GCC, Africa, India, and Southeast Asia.
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• Manufacturing

MODON, in collaboration with NCP, has launched an EOI for the Logistics Zone Development in Dammam 2nd Industr ..Read More

MODON, in collaboration with NCP, has launched an EOI for the Logistics Zone Development in Dammam 2nd Industrial City under a PPP (DBFOMT) model for 30 years. Spanning 850,000 sqm, the project will enhance Saudi Arabia’s logistics infrastructure, supporting Vision 2030. The private sector partner will finance, design, build, operate, and commercialize modern logistics and warehousing facilities, boosting trade and industrial expansion.
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• Construction
• PPP