Aramco-Sabic JV Awarded KBR a Crude Oil to Chemicals Contract
July 25, 2018 – Aramco-Sabic JV, a joint venture between Saudi Aramco and Sabic, has awarded KBR a front-end engineering...
Saudi Solar Panel Market to Grow at CAGR of 30.2% Between 2018 and 2024
July 25, 2018 — With the $200 billion GW Solar Power Plant and the $130 million Al-Khafji solar powered water...
IMF Article IV Lauds Saudi’s Fiscal Objectives & Focus on Non-Oil Growth
The International Monetary Fund’s (IMF) Executive Board has published the full results of its bilateral consultation with Saudi Arabia, following...
McDermott Awarded Contract for CB&I Storage Tanks
July 23, 2018 – Samsung Engineering Saudi Arabia has awarded McDermott an engineering, procurement, and construction contract for CB&I Storage...
Lockheed Martin Wins $405.7M Modification Contract for Saudi Arabia
July 18, 2018 — The Naval Sea Systems Command has awarded Lockheed Martin a $405.7 million modification contract to build...
Saudi Arabia Bankruptcy Law Will Take Effect on August 18, 2018
July 16, 2018 — On August 18, Saudi Arabia’s first comprehensive bankruptcy law will take effect. The new law aims...
Saudi Arabia Completes Adjusted Mining Investment System
July 16, 2018 — Saudi Arabia’s Ministry of Energy, Industry, and Mineral Resources has completed the adjusted mining investment system....
Saudi Arabia Publishes Draft Law for Public Private Partnerships
July 11, 2018 – Saudi Arabia’s National Center for Privatization and Public-Private Partnerships has published a draft law to increase...
Public Investment Fund Acquires 15.2 Percent Stake in ACWA Power
July 09, 2018 — Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has acquired a 15.2 percent direct...
Jacobs Engineering Secures 3-Year Refinery Deal in Saudi Arabia
June 21, 2018 – Jacobs Engineering has secured a 3-year contract to help optimize production at the Yanbu Aramco Sinopec...