Sunday 6 October 2024
 
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Acwa, Badeel, Sapco in financial close for $3.2bn solar PV projects

Acwa Power, a leader in the energy transition, along with Water and Electricity Holding Company (Badeel), a PIF- owned company, and Saudi Aramco Power Company (Sapco), a wholly-owned subsidiary of Aramco, has announced the successful financial close of the Haden, Muwayh and Al Khushaybi solar

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King Fahd International Airport gets ACI Level 3 accreditation

King Fahd International Airport in Dammam has been granted the prestigious Level 3 Customer Experience Accreditation by the Airports Council International (ACI), for its commitment to increasing passenger satisfaction by providing a seamless, safe, innovative, and sustainable customer experie

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Maintcon 2024 leading the way to sustainability, resilience

The seventh International Maintenance, Reliability, and Asset Management Conference (Maintcon 2024) is set to take place next month (October 13 to 16) in Bahrain, promising to be a landmark event for those involved in these sectors.    To be held at the Exh

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Gulf Air extends Thai Airways partnership, adds 10 new destinations

  Bahrain's national carrier Gulf Air has announced the expansion of its longstanding partnership with Thai Airways, further strengthening its commitment to providing passengers with seamless travel options across their combined networks.  &nb

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Makkah Construction buys key stake in First Avenue Real Estate

Saudi-based Makkah Construction and Development Company has announced that it has entered into a deal with 57 shareholders of First Avenue Real Estate Development Company to buy a strategic 30.13% stake in the company for a total value of SAR341 million ($91 million). &nb

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Spanish group Lantania lands NEOM biosolids plant contract

Lantania, a key Spanish infrastructure, water and energy group, has been awarded the contract for the construction of a biosolids treatment complex in Saudi Arabia's futuristic city NEOM, located in the kingdom's northwest region.   The turnkey EPC contr

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Korean group HaejooX lands Dubai Reef project contract

HaejooX, a pioneer in the purpose-built reef industry originating in Korea, has been named the official construction and fabrication contractor for Dubai Reef project, a sustainable initiative by Dubai Can.    HaejooX has been involved with the Dubai Reef p

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Saudi construction sector set for 5.1pc annual growth by 2028

Saudi Arabia's construction output is likely to grow at an annual average growth rate of 5.1% between 2025 to 2028 supported by public and private investments in oil and gas projects, according to Research and Markets, a key data company.    In May 2024

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Abu Dhabi announces early reopening of Zayed Airport runway

Abu Dhabi Airports has announced the early reopening of the northern runway (13L/31R) at Zayed International Airport, which is now fully operational for arrivals and departures, following a successful rehabilitation project.   The Northern Runway Rehabilitation

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IHG set to open 'world’s tallest all-hotel tower' in Dubai

IHG Hotels and Resorts, one of the world’s leading hotel companies, has announced the signing of a new Vignette Collection property, which is set to be the tallest all-hotel tower in the world when it opens in Dubai next year.    The agreement will se

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