Tuesday, June 18, 2019
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Infrastructure

Can Oil Reinvent Itself? Shell’s Power Push Divides Investors

(Bloomberg) -- When a few hundred Royal Dutch Shell Plc shareholders piled into a Methodist church in Westminster for their 2018 annual meeting, they...
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Saudi Arabia to Begin Building Homes in Futuristic City Neom

Saudi Arabia said it will start building the first residential area in a proposed $500 billion futuristic city that’s become a symbol of Crown...
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Saudi Arabia to Raise $36 Billion for Transportation Investment

Saudi Arabia plans to raise 135 billion riyals ($36 billion) for transportation-infrastructure projects over the next 11 years, as part of a sweeping plan...
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Madayn Oman to Develop 2nd Phase Infrastructure in Raysut Industrial City

The Public Establishment for Industrial Estates (Madayn) signed an agreement with Al Hashemi and Al Rawas Trading and Contracting Company to implement the infrastructure development project for...
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Petrofac-PDO 10-year Framework Contract Surpasses US $450 million

In 2017, UK-based engineering mammoth, Petrofac signed a long-term Framework Agreement with Petroleum Development Oman (PDO). The agreement was 10-year long with an additional...
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Saudi Arabia Plans Spate of Water Project Privatizations in 2019

Saudi Arabia plans to tender or award six water-related projects in 2019 as it pushes ahead with a privatization program that got off to...
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Sohar-3 Power Plant to be operational in Q1 2019

Oman’s second largest power plant with a net capacity of 1,710 megawatts will be commissioned in the first quarter of 2019 The commercial operations of...
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Seminar held on “New Technologies in Fire Fighting”

Technical Trading Company LLC and Angus Fire Company (UK) held a special product presentation seminar on “New Technologies in Fire Fighting,” in Muscat recently. Organised...
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Saudi Arabia Follows Abu Dhabi to Invest in India Infrastructure

Saudi Arabia is considering investing in India’s infrastructure fund as the kingdom’s crown prince plans his debut visit to the South Asian nation next...
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Saudi Arabia’s Long-Delayed Banking Hub Gets a Trendy Makeover

There might not be any banks yet in the King Abdullah Financial District, but on a sunny afternoon, the once-stalled development in Riyadh is...
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