Latest GCC construction news
Monthly news updates
In Saudi Arabia, the Zakat, Tax and Customs Authority (ZATCA) announced the start of Request for Qualification (RFQ) phase for the logistics zone project at Jadeedah Arar port in cooperation with the National Center for Privatization & PPP (NCP). The RFQ phase started on March 8 and ends on April 3, 2022.
Saudi based developer Umm Al Qura for Development and Construction signed an agreement with Al Diar Al Arabiya Company for the construction of 10 new residential towers at Masar residential community development within Makkah City, valued at $798 million.
Pennsylvania-headquartered industrial gases company Air Products together with their regional partner Saudi Arabian Refrigerant Gases Company (SARGAS) announced their plans to build a new air separation unit at Jindal Shadeed Iron & Steel (JSIS) facility in Sohar, Oman.
Renewable energy firm ACME Group signed an agreement with Norway-based Scatec ASA for a joint venture, to design, develop, build, and operate a large-scale green ammonia facility in Oman. The first phase of the facility is expected to produce 100,000 tonnes of green ammonia annually and will be expanded to 1.2 million tonnes per annum with about 3.5 GW of electrolyser capacity, which will be powered by 5.5 GW of the solar PV plant.
In construction news from UAE, BEEAH Energy, a subsidiary of BEEAH Group, and UK-based Chinook Sciences have signed an official agreement to commence the development of the region’s first waste-to-hydrogen plant to produce combined low-cost ground-breaking green hydrogen and high-quality activated carbon.
Abu Dhabi National Oil Company (ADNOC) announced that it has awarded a contract for enhanced oil recovery (EOR) at Abu Dhabi’s Bab field. The construction contract, awarded to RobtStone ME LLC is valued at US$227 million.
In Egypt, Anchorage Investments announced that it will soon be issuing a tender to select the main engineering, procurement, and construction (EPC) contractor for its Anchor Benitoite project in the industrial zone of the Suez Canal Economic Zone, with an investment of more than US$ 2 bn. The pre-qualification process is set to commence by mid-March 2022.