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Arab
Oil & Gas Trade
Saudi Aramco and Sonatrach Cut LPG Osps for Nov by 3-4%
Saudi Arabia’s state oil company Aramco and Algeria’s national energy firm Sonatrach have reduced their official selling prices (OSPs) for liquefied…
United Arab Emirates
Chinese State Company to Build Dubai Towers
China Railway 18th Bureau Group, part of state-owned China Railway Construction Corporation, has secured a contract valued at about $272 million (AED 1 billion)…
South Korea
Yokogawa Deploys Multiple Autonomous Control AI Agents at Aramco Facility
Yokogawa Electric Corporation, headquartered in Tokyo, Japan, has reached a major milestone in industrial artificial intelligence deployment through its collabo…
Photovoltaic （PV）
Masdar Secures 2GW of Solar Projects in Saudi Arabia
Masdar has secured contracts from the Saudi Power Procurement Company (SPPC) to develop two major solar photovoltaic (PV) projects in Saudi Arabia with a total …
Combined cycle power plant
Fujairah F3 CCGT Project in UAE Begins Operations
Fujairah Power Company F3, jointly owned by Marubeni Corporation, Hokuriku Electric Power Company, Abu Dhabi National Energy Company (TAQA), and Mubadala Invest…
Saudi Arabia
CMA CGM Plots Expansion in Saudi Arabia With $450M Jeddah Terminal JV
French shipping and logistics group CMA CGM has advanced its Middle East expansion by signing a term sheet with Saudi Arabia’s Red Sea Gateway Terminal (R…
India
India’s Rice Exporters Seek Deals With Emerging Markets After Strong Monsoon
India’s rice exporters are preparing to secure deals for the new season’s crop with buyers in emerging markets, including Iraq, Indonesia, and Saudi…
Solar Battery (Storage)
UAE Breaks Ground on Dh22bn Solar and Battery Storage Project
The United Arab Emirates (UAE) has begun construction of a Dh22 billion ($5.99 billion) renewable energy project featuring a 5.2-gigawatt (GW) solar photovoltai…
Thermal Plant
Pemco to Construct 200MW Gas-Piston Power Plant in Samarkand, Uzbekistan
Saudi Arabia-based engineering, manufacturing and construction company Pemco will initiate the construction of a 200MW gas-piston power plant in Samarkand by th…
Saudi Arabia
Saudi Arabia Selects Contractor for $1.4bn Performing Arts Centre
Saudi Arabia’s Qiddiya Investment Company has awarded a construction contract worth about $1.4 billion to local contractor Nesma & Partners for the develo…
Photovoltaic （PV）
Energy China Secures 5 GW EPC Deal in Saudi Arabia
China Energy Engineering Corporation (Energy China) announced that a consortium formed by its subsidiaries — China Energy International Construction Group, Gua…
United Arab Emirates
Dubai Gets World’s First Crypto Tower
The Crypto Tower, the world’s first commercial building dedicated to the decentralized internet and digital assets, is under development in Dubai’s …
Saudi Arabia
Center3 and HUMAIN Sign Framework Agreement to “Connect” the Kingdom’s AI Ambitions
HUMAIN, a leading artificial intelligence company in Saudi Arabia owned by the Public Investment Fund (PIF), has entered into a strategic framework agreement wi…
Metal
Aramco Trading Pushes Into Metals, Plans Copper Hires
Saudi Aramco’s trading arm, Aramco Trading, is entering the metals market by developing a copper trading portfolio and recruiting specialized traders. The…
Photovoltaic （PV）
EWEC Awards Development of 1.5GW Khazna Solar PV Project to Engie and Masdar
The Emirates Water and Electricity Company (EWEC) has awarded the development of the 1.5GW Khazna Solar Photovoltaic (PV) AC independent power project in Abu Dh…
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