Aramco & ENOWA to establish synthetic e-fuel demonstration facility
Saudi Aramco, a global integrated energy and chemicals company, and ENOWA, NEOM’s energy and water company, have signed a joint development agreement to construct and establish a first-of-its-kind synthetic electro-fuel […]
SCA inks MoU with International Contractors Association of Korea
The Saudi Contractors Authority (SCA) has signed a memorandum of understanding (MoU) with the International Contractors Association of Korea (ICAK) in order to strengthen cooperation between the entities. The signing […]
Saudi’s PIF sets up Al Balad Development Company to transform Jeddah’s historic district
Saudi’s Public Investment Fund (PIF) has established Al Balad Development Company (BDC). The launch of BDC aligns with PIF’s strategy to diversify Saudi Arabia’s economy through developing and enabling strategic […]
Amanat Holdings partners with Mada International Holding
Amanat Holdings (Amanat), a leading healthcare and education listed investment company, has entered into a partnership with Mada International Holding, one of the leading and well-diversified Infrastructure developers in the […]
Saudi Fund inks $75mn loan agreement with Saint Lucia
Saudi Fund for Development (SFD) has signed its first development loan agreement worth $75 million with Saint Lucia in order to fund the “Reconstruction and Rehabilitation of St. Jude Hospital […]
THE LINE: A future awe-inspiring ‘Linear Smartcity’ in Saudi Arabia’s NEOM
A city with no cars, streets, or carbon emissions. Can you imagine it? Then, Saudi Arabia’s upcoming city, THE LINE, is making it possible. THE LINE is a linear smart […]
Saudi’s Mawani expected to award office building contract in Q3
The Saudi Ports Authority (Mawani) is expected to award the main construction contract for the expansion of Maritime Administration Building at King Abdulaziz Port in Dammam by third quarter of 2023, according […]
Saudi’s Knowledge Economic City signs development pact with China Gezhouba Group
Saudi Arabia’s Knowledge Economic City (KEC) has signed a framework agreement with China Gezhouba Group International Engineering Company (CGGC) to support the development of the Saudi company’s projects. Under the […]
KPM Engineering revenue grows on big Saudi projects win
Global multidisciplinary engineering company, KPM Engineering (KPM) has announced that it has achieved a record year in 2022 with a 100 per cent increase in revenue growth across the business. […]
Webuild unit secures $439mln Saudi water project contracts
Fisia Italimpianti, a subsidiary of the Webuild Group (formerly Salini Impregilo Group) has won two contracts worth a combined value of €408 million ($439 million) for the construction and management […]