Saudi Electricity Company (SEC) has signed an Energy Conversion Agreement (ECA) with the Saudi Power Procurement Company (Principal Buyer) for the purchase of energy produced from the SAR5.33 billion ($1.4 billion) Rabigh 1 Expansion Power Plant.
Big 5 Construct Saudi has opened its doors for the January edition in Riyadh bringing together the industry that drives the kingdom’s $1.7 trillion construction project pipeline. More than 1,100 exhibitors from over 50 countries will be taking part in the four-day event.
KEC International, a global infrastructure engineering, procurement and construction major, has announced the successful completion and energisation of a 380 kV double circuit OHTL in Saudi Arabia. Spanning 103km with 239 towers, it was among the most challenging transmission line projects in the region.
The Knowledge Economic City has signed up ElKhereiji Commerce & Contracting to deliver the construction and electromechanical works for four residential towers within the Phase I of Al Alya mixed-use project in Riyadh. Spanning 270,000 sq m, Al Alya is one of the anchor projects at KEC featuring 2,000 residential units and other key amenities.
Euro Auctions closed 2025 with a record-setting December auction in Abu Dhabi, achieving a $7.2 million hammer total at its sale, thus reflecting demand for used construction equipment across the Middle East, driven by infrastructure boom, fleet renewal and cross-border trading activity.
UAE-based BNW Developments has announced that it has awarded a contract worth AED1 billion ($272 million) to CREC4, a subsidiary of top global infrastructure group China Railway Group, for its prime developments in Dubai.
Saipem, a global leader in the engineering and construction of major projects for energy and infrastructure sectors, has announced the restart of operations of the jack-up Perro Negro 7 in Saudi Arabia. The rig can operate in waters up to 375 ft deep and drill wells up to 9,100m.