Tuesday, December 24, 2024
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    Saudi Arabia

    Neom and Samsung C&T to invest over USD 345 mln in automated rebar cage technology

    Saudi Arabia's Neom has entered a joint venture with Samsung C&T Corporation, supported by the Neom Investment Fund (NIF), to invest over SAR 1.3...

    SWPC announces preferred bidder for water plant project in Jubail

    Saudi Water Partnerships Company (SWPC) has announced that a consortium led by Saudi utility developer Acwa Power with key partners - Haji Abdullah Alireza...

    ARDCO to build logistic complex in Riyadh

    Riyadh Development Company (ARDCO) signed a strategic partnership with Agility Logistics Parks to develop a logistics complex in Al Remal District in Riyadh at...

    Watani Steel renews credit facility with Bank Albilad

    Watani Iron Steel Co. (Watani Steel) has renewed a Shariah-compliant bank facility agreement worth SAR 70.5 mln (USD 18.7 mln) with Bank Albilad, according...

    Minister explores partnership with Nigeria to develop iron ore and steel industry

    Nigeria and Saudi Arabia have initiated discussions to develop Nigeria's iron ore and steel industry, according to Nigerian media reports. During the Resourcing Tomorrow event...

    Al Yamamah wins steel towers supply contract from National Contracting Co.

    Al Yamamah Steel Industries won a steel towers supply order worth around USD 25 mln, the company announced in a stock exchange filing. The company...

    Riyadh Steel reshuffles leadership as CEO Ahmed Al-Nafea steps down

    Riyadh Steel, Saudi Arabia's steel producer, announced in a stock exchange filing that its board of directors has accepted the resignation of CEO Ahmed...

    Al-Babtain secures major steel tower supply order from Hyundai

    Al-Babtain Power and Telecommunication Co. has announced the signing of a SAR 777 mln (USD 207 mln) contract with Hyundai Engineering & Construction Co.,...

    Aramco signs deal to develop major carbon capture hub with Linde and SLB

    Aramco has signed a shareholders' agreement with Linde and SLB to develop one of the world's largest Carbon Capture and Storage (CCS) hubs. Under...

    Naba Alsaha awards contract to Siab Aluminum for hospital project

    Naba Alsaha Medical Services Co. has awarded Siab Aluminum Factory a USD 2.73 mln contract (excluding VAT), according to a stock exchange filing. The contract...

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