Projects in Saudi Arabia

Saudi Arabia, Siemens Energy and gas-fired power

Siemens Energy awarded $1.6B power plant project in Saudi Arabia

Siemens Energy (OTCPK:SMEGF) said Wednesday it was awarded a $1.6B project, with China's Harbin Electric International as the engineering, procurement and construction contractor, to provide key technologies for two gas-fired power plants in Saudi Arabia.

Reuters · 3d

Siemens Energy secures $1.6 bln power plant project in Saudi Arabia

Siemens Energy has been awarded a $1.6-billion project to provide technology for two gas-fired power plants in Saudi Arabia, the German company said on Wednesday.

GlobalData on MSN · 22h

L&T and Lantania to construct desalination plant in Saudi Arabia

The contract includes the design, construction, testing, and commissioning of a seawater reverse osmosis desalination plant.

Korea Joongang Daily on MSN · 2d

Doosan Enerbility secures $1.5 billion deals for power plants in Saudi Arabia

Doosan Enerbility has sealed two deals worth $1.5 billion to build combined-cycle power plants in Saudi Arabia.

Reuters on MSN · 3d

Siemens Energy secures $1.6 billion power plant project in Saudi Arabia

Siemens Energy has been awarded a $1.6-billion project to provide technology for two gas-fired power plants in Saudi Arabia, the German company said on Wednesday. The project will allow Rumah 2 and Nairyah 2 in the country's western and central regions to add 3.

S&P upgrades Saudi Arabia's credit rating

U.S. News Money · 17h

S&P Lifts Saudi Arabia's Rating on Sustained Economic Shift Away From Oil

(Reuters) - Global ratings agency S&P raised Saudi Arabia's rating to 'A+' from 'A' with a stable outlook on Friday, underpinned by the ongoing social and economic transformation in the country. Fitch said the country's Vision 2030 project provides some flexibility in managing capital expenditure and debt issuance.

Saudi Gazette on MSN · 3h

S&P upgrades Saudi Arabia’s credit rating to A+

S&P Global Ratings has upgraded Saudi Arabia’s long-term sovereign credit rating to ‘A+’, citing the Kingdom’s sustained socioeconomic and capital market reforms under Vision 2030.The outlook remains stable,

Hosted on MSN · 6h

S&P upgrades Saudi Arabia's credit rating after two years on economic diversification efforts

S&P Global Ratings has raised Saudi Arabia’s credit rating for the first time in two years, citing the country’s economic diversification efforts and growth of its non-oil economy. The agency upgraded the kingdom’s rating to ‘A+’ from ‘A’ with a stable outlook on strengthened institutional settings amid Vision 2030 reforms,

10h

End of ‘blank cheque’ era for outside consultants in Saudi Arabia

National oil company Saudi Aramco this month slashed its 2025 dividends by 30 per cent after a 12 per cent drop in net income ...

11h

Saudi Arabia to spend £6.8tn on incredible new mega-cities and tourist resorts

Plans for Saudia Arabia's incredible series of mega projects, including a global trade hub, tourist resorts, and a linear ...

New Atlas2d

Incredible ambition, but at what cost? Saudi gigaproject budget spirals

In news that will probably be greeted with "well, duh," Saudi Arabia's incredibly ambitious plan to transform its country ...

Greek Reporter1d

New Las Vegas? Saudi Arabia’s Mega Entertainment Project

Qiddiya City is projected to house 500,000 residents and create 300,000 jobs. As of May 2024, 32% of the project is completed ...

Saudi Gazette on MSN5d

Saudi Arabia spends $724mln to implement 1,072 projects to empower women in 79 countries

The projects implemented by KSrelief included provision of assistance to Yemeni women and empowering them economically, ...

Fast Company4d

The one Neom project that’s actually happening: an absurdly gigantic palace

And when a project manager challenged the unrealistic ... That will be the year the World Cup starts in Saudi Arabia, right in that stadium. No matter if it gets finished on time or not, I ...

AeroTime11d

Saudi Arabia hands out licenses for industrial aerospace projects

How Saudi Arabia is building a global aerospace manufacturing and services hub within the framework of the kingdom’s Vision ...

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