NEOM Awards Partnership Contracts for Saudi Winter Asian Games Giga-Development

NEOM, Saudi Arabia’s ambitious giga-project and the venue for the 2029 Asian Winter Games, has signed SAR 21 billion (US$ 5.6 billion) of public-private partnerships to develop temporary ‘communities’ to accommodate workers during the first phase of development. The preferred investors for the first phase of the residential communities included Saudi companies Alfanar Global Development,…


Trident Warehouse Signs Lease for Bahrain Industrial Park

Trident Warehousing WLL has entered a 10-year lease with Edamah, the real estate arm of Bahrain’s sovereign wealth fund, for a new 8,137 sqm storage and distribution facility at Sitra Industrial Park. Under the agreement which is valued at US $7 million, Trident Warehousing and business associate Hoover Circular Solutions (a US-based supplier of sustainable…


Veolia and TotalEnergies to Build Oman’s Largest Desalination Solar Plant in Regional First for the Gulf

Global multi-energy company TotalEnergies and Veolia have signed an agreement to start the construction of the Sultanate of Oman’s largest solar photovoltaic (PV) system providing power for a desalination plant in the city of Sur. The power plant will be located on the site of the Sharqiyah Desalination plant, which is a reference in Oman…

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