Latest MEA News

  • Saudi Aramco appoints SMBC on pipeline sale

    Oil and gas giant Saudi Aramco has appointed SMBC as its debt adviser on the sale of a gas pipeline stake expected to be worth at least $17 billion to Aramco

  • Jazan gasification acquisition signs

    The consortium behind the $12 billion acquisition of the Jazan assets from Saudi Aramco has announced the signing of the project finance agreements

  • Eversheds promotes Halewood to MENA head of projects

    Eversheds Sutherland has promoted partner Ashley Halewood to head of projects in its MENA practice in Dubai

  • MENA-focused ASI fund holds first close

    A MENA-focused fund managed by Aberdeen Standard Investcorp Infrastructure Partners has raised $90 million from the AIIB

  • KEXIM set to lend on Egyptian rail rehab

    KEXIM is considering a $312.25 million debt package for the government of Egypt’s railway modernisation programme

  • Project docs signed for 3 Saudi wastewaters

    An Acciona-led consortium has signed 2 sets of project documents with the Saudi Water Partnership Company for 3 wastewater projects – Madinah 3 and the combined Buraydah 2 and Tabuk 2 independent sewage treatment plants

  • Cairn, Cheiron JV acquires Egyptian upstream portfolio

    A JV between Cairn Energy and Cheiron Petroleum has acquired a portfolio of upstream oil & gas assets from Shell for $646 million

  • Omani firms sign MoU for smart city pilot

    Oman’s National Energy Centre has signed a MoU with oil & gas company Petroleum Development Oman (PDO) for the development of a smart city pilot project

  • SEPCO3 takes EPC for Jubail 3B

    An Engie-led consortium has awarded Chinese construction company SEPCO3 the EPC contract for the $450-550 million Jubail 3B IWP project located south of Jubail City, Saudi Arabia

  • KPMG hires new infra head in Saudi Arabia

    KPMG has hired Samer Jumean as its new head of infrastructure advisory for Saudi Arabia and the Levant Cluster – he will be based in Riyadh

  • 10 Ramadan City Dry Port tender expected

    The call for developer bids for the 10th of Ramadan City Dry Port project is expected to be launched in the near future – with its design capacity of 1,000,000 TEU per year

  • EXCLUSIVE Banks line up for Jubail 3B

    An Engie-led consortium is set to sign with a club of 6 banks the debt for the $450-550 million Jubail 3B IWP, which will be located south of Jubail City, Saudi Arabia

  • Three remain for Saudi Arabia’s nuclear advisory

    Up to 3 firms are understood to have bid on the latest stage of the transaction advisory services tender for the 2.8GW NPP – otherwise known as the the Saudi National Atomic Energy project

  • Kuwait receives advisory bids for 3GW renewables programme

    KAPP has received 7 bids from consultancy firms for the advisory services of a 3GW renewable energy programme at the Shagaya Renewable Energy Park located 100km west from Kuwait City

  • Bids in for Egypt-Saudi power interconnector

    The EEHC has received 8 bids for contract to build the $1.6 billion, 900km-long high voltage OHTL between Saudi Arabia and Egypt

  • Tunisia picks winner for Sfax desal

    Tunisia’s SONEDE has awarded the Sfax desalination plant to a Metito-led consortium

  • Bahraini law firm appoints head of banking and finance

    Al Doseri Law has hired Ronald Langat as a partner and head of banking and finance

  • Elsewedy signs loan for 6 October Dry Port

    The EBRD has signed with an Elsewedy-led consortium a €25 million loan for the 6th of October Dry Port project in Egypt

  • Apicorp adopts new ESG framework

    Apicorp has adopted a new ESG policy as part of its $1 billion energy transition target for the next 2 years