BYD, Alfanar secure 10,000MWh BESS contracts
Saudi Electricity Company (SEC) has awarded major contracts to Chinese group BYD Auto Company and Saudi utility major Alfanar Projects for developing Battery Energy Storage Systems (BESS) with a combined capacity of 2,500 MW/10,000 MWh across Saudi Arabia.
More...Foreigners can now invest in Makkah property firms
In a major move, the Saudi Capital Market Authority (CMA) has granted foreign investors permission to invest in Saudi-listed companies that own real estate within the cities of Makkah and Madinah.
More...EDF, Samsung, Acwa in race for 8GWh BESS project
Saudi Power Procurement Company (SPPC) has announced that a total of 33 utility project developers have been prequalified for its 2GW/8GWh battery energy storage system (BESS) tender.
More...Arabian Machinery to get 100 Tadano cranes
Japanese crane company Tadano has announced that its longtime customer Arabian Machinery & Heavy Equipment Company (AMHEC) has signed a contract for 100 GR-800EX units, thus marking one of the largest orders by volume and, therefore, one of the most significant crane orders in its 105-year history.
More...Jeddah Tower construction officially resumes
Kingdom Holding Company (KHC) last month announced that construction of the Jeddah Tower, a symbol of ambition and progress, has officially restarted.
More...Dorsch wins consultancy contract for water projects
Dorsch Global, a major consulting and engineering group, said it has secured the lead supervision engineering consultancy contract for wastewater management projects in Saudi Arabia worth over SAR800 million ($213 million) from National Water Company (NWC).
More...Kooheji redefines urban living with Lavira
Kooheji Development, a pioneer in creating high-rise, premium residences, and fully integrated community developments in the region, is poised to launch the first phase of its latest luxury project, Lavira, this month in the heart of Tharwa Town near Dammam.
More...‘NovusCrete’ to spearhead green concrete innovation
Saudi Arabia’s Oil Sustainability Program (OSP) announced the launch of a consortium ‘NovusCrete’ in collaboration with Neom (represented by the Design and Construction Sector) and other international entities.
More...NWC to implement $426m water projects in Makkah
Saudi Arabia’s National Water Company (NWC), represented by the Western Cluster, announced that it has started implementing water supply projects in Makkah at a cost of more than SAR1.6 billion ($426 million).
More...Makkah to host largest Courtyard by Marriott
Marriott International has announced it has signed an agreement with Al Qimmah Hospitality Company and Amwaj Real Estate Company – both subsidiaries of BinDawood Trading – to open a 2,179-room Courtyard by Marriott Hotel in Makkah.
More...Two major PPP projects announced for Madinah
Expressions of interest (EOI) and request for qualification (RFQ) have been launched for two transformative real estate projects in Madinah under the public-private partnerships (PPP) model.
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February 2025 (Volume xlvi Issue 2)