Aker Carbon Capture, Aramco partner for carbon capture technology in Saudi Arabia

Aker Carbon Capture, Aramco partner for carbon capture technology in Saudi Arabia

In an effort to address the challenges of carbon emissions and bolster the Kingdom’s net-zero emission ambitions, Aker Carbon Capture and Aramco have inked a Memorandum of Understanding (MoU). This partnership will focus on carbon capture, utilization, and storage (CCUS), alongside industrial modularization in Saudi Arabia. Over the span of two years, the MoU aims […]

CENTOGENE, Lifera form genetic testing JV in Saudi Arabia and GCC

CENTOGENE, Lifera form genetic testing JV in Saudi Arabia and GCC

CENTOGENE, a provider of data-driven solutions for rare and neurodegenerative diseases, and Lifera, a biopharmaceutical company owned by the Public Investment Fund (PIF), have announced the formation of a joint venture (JV) with an aim to revolutionize genetic testing in the Gulf Cooperation Council (GCC) region. The strategic collaboration is geared towards broadening regional access […]

Saudi Arabia warns Pakistan’s PIA to pay up or face Hajj flight suspension

Saudi Arabia warns Pakistan’s PIA to pay up or face Hajj flight suspension

The Pakistan International Airline (PIA) has been warned by the Saudi Arabian General Authority of Civil Aviation (GACA) to pay $48 million in outstanding dues to avert the suspension of operations, including Hajj flights. The GACA stipulated that repatriation of fifty thousand Hajj pilgrims would be on hold until payments are completed. This information came […]

Amiral petrochemical complex : Aramco and TotalEnergies award $11bn EPC contracts

Amiral petrochemical complex : Aramco and TotalEnergies award $11bn EPC contracts

Aramco and TotalEnergies have officially awarded Engineering, Procurement and Construction (EPC) contracts for the $11 billion Amiral petrochemical complex, heralding the commencement of construction work on this large-scale project in Saudi Arabia. This petrochemical complex, integrated with the SATORP refinery in Jubail, is set to be the largest mixed-load steam cracker in the Gulf, with […]

Larsen & Toubro launches heavy wall pressure vessel facility in Saudi Arabia

Larsen & Toubro launches heavy wall pressure vessel facility in Saudi Arabia

India-based Larsen & Toubro (L&T) has strengthened its customer solution provisions with the inauguration of a cutting-edge heavy wall pressure vessel facility in Saudi Arabia. This new facility mirrors Larsen & Toubro’s tailored capabilities in India and forms part of Aramco’s IKTVA initiative and Saudi Vision 2030, aiming to bolster local content. The modern manufacturing […]

Tanmiah Food, Ukraine-based MHP to form poultry JV in Saudi Arabia

Tanmiah Food, Ukraine-based MHP to form poultry JV in Saudi Arabia

Tanmiah Food Company, a Saudi Arabia-based supplier of meat and poultry products, has signed a memorandum of understanding (MoU) with European poultry producer MHP with an aim to boost Saudi poultry production. The agreement represents the initial step to set up a joint venture (JV) with Tanmiah Food’s fully-owned subsidiary — Desert Hills for Veterinary […]

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