Essar Group Prepares for $4.5 Billion Saudi Steel Plant Construction
Essar Group, a prominent Indian conglomerate, is nearing final approvals from Saudi authorities to commence construction on a $4.5 billion low-carbon steel plant in the…
GLOBAL INFRASTRUCTURE REVIEW
Essar Group, a prominent Indian conglomerate, is nearing final approvals from Saudi authorities to commence construction on a $4.5 billion low-carbon steel plant in the…
Aramco, the Saudi Arabian oil giant, has awarded a contract for the site development and early works of its Carbon Capture & Sequestration (CCS) project…
Abu Dhabi’s state-backed renewable energy powerhouse, Masdar, is actively pursuing additional acquisitions in Europe following its recent purchase of Greece’s largest renewables company, Terna Energy.…
Several regions in Kuwait are expected to experience power outages on Thursday due to a heatwave that has caused a surge in electricity consumption, authorities…
Saudi Arabia’s Roads General Authority (RGA) has revealed that a total of 69 companies have submitted bids for a significant highway project connecting the Aseer…
Shell has successfully secured the acquisition of Pavilion Energy, a liquefied natural gas (LNG) trader, from Singaporean investment fund Temasek, outmaneuvering rival Saudi Aramco in…
UAE-based energy giant TAQA announced Tuesday that it has terminated negotiations to acquire a 40% stake in Spanish energy company Naturgy. The stake is currently…
Saudi Arabia has successfully sold over half of its $11.2 billion secondary share offering in Aramco to foreign investors, marking a significant step in the…
Dubai-based fintech startup Stake has secured a significant $14 million in a Series A funding round. Leading the investment is MEVP (Middle East Venture Partners),…
The Sultanate of Oman achieved a 7% increase in total electricity generation, reaching 8,152.3 gigawatts per hour (GWh) by the end of March 2024. This…