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Saudi Electricity to build $1.23bn power plantState-controlled Saudi Electricity said on Saturday it signed a deal to build a new SR4.6 billion ($1.23 billion) power plant in Shoaiba, some 120 km south of the Red Sea city of Jeddah. The statement did not say which company has been awa More… |
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Maaden, Daelim project to cost $41mSaudi Arabian Mining Co (Maaden) said preliminary work on a petrochemical project in Jubail with South Korea's Daelim Industrial Co will cost about $41 million. In end-December, both firms signed a deal to launch the Jubail project, a petr More… |
