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Moaj Holding will invest USD 30 mn to use MediSun’s tech in Saudi
PLUS: HSBC Saudi is getting a new office at King Abdullah Financial District
Acwa + Sumitomo to develop 2.5 GW worth of renewables in Uzbekistan
Sumitomo will jointly develop the renewables and BESS projects
Saudi’s first program for gas storage and reproduction through gas injection goes live
PLUS: Agricultural Development Fund shells out SAR 6 bn in loans by 3Q 2024
Elsewedy Electric partners with Siemens to develop USD 800 mn power plant in Rabigh
The plant is expected to be fully completed by the end of 2026
Aramco awards Saipem another USD 2 bn EPC contract
Saipem will leverage Saudi-based resources to meet the contract
Acwa Power + Hassan Allam eye c.USD 900 mn for Gulf of Suez farm by 2024-end
The consortium signed a 25-year land usufruct agreement for the wind farm in January
Aramco expands its foothold in South America’s LNG market
Aramco will have a 17.2% indirect stake in Peru LNG
Circle K Alsulaiman acquires major stake in Mazaya Fuel
Mazaya fuel stations will be rebranded to Circle K
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