Massachusetts-Based AS&E Partners with Saudi Arabia’s Al Zamil Group for Cargo and Vehicle X-ray Inspection System at King Abdul Aziz Seaport in Dammam, Saudi Arabia
A Massachusetts-based X-ray screening firm has partnered with Al Zamil Group, a company in Saudi Arabia, to put in place advanced screening machines at the King Abdulaziz Seaport in Dammam, Saudi Arabia.
NEM Secures Mega Assignment for PP10 Conversion Project in Saudi Arabia
NEM has secured the order from Arabian Bemco Contracting Co. Ltd. in Jeddah, Saudi Arabia for forty (40) unfired dual pressure Heat Recovery Steam Generators (HRSGs) for the PP10 Combined Cycle Power Plant project. These steam generators with integral deaerator are of the vertical gas flow natural…
Saudi Banks Reach 5-Year High in Profitability
According to a report in Emirates 24|7, which cites official Saudi data, bank profits in the Kingdom have reached a level not seen since 2006. Saudi Arabia’s banks earned $8.2 Billion in 2011 “as a result of a pick up in domestic credit and lower loan…
Iraq Opens Offshore Oil Facility
Iraq has opened an offshore gas facility in an effort to boost exports “and intends by March to add 200,000 barrels a day to its capacity for loading tankers there,” Bloomberg reports. The facility has the potential to be a game-changer, according to the Bloomberg…
Saudi Arabia to Present Resolution on Syria at UN
Saudi Arabia has drafted a three-page memo “strongly condemning” the assaults launched by Syria’s president Bashar Assad on the opposition, particularly in the city of Homs. CNN reports: “Members of the U.N. General Assembly were expected to consider a three-page draft resolution Monday brought forth…
Foster Wheeler Awarded EPCm Contract for Propylene Oxide Unit in Saudi Arabia for Sadara Chemical Company
Foster Wheeler AG announced today that subsidiaries of its Global Engineering and Construction Group have been awarded an engineering, procurement and construction management (EPCm) contract by Aramco Overseas Company B.V. (AOC), a subsidiary of Saudi Aramco, and by Dow Europe Holding B.V. (Dow) for a…
KBR Establishes GES+ (General Engineering Services +) Entity in Saudi Arabia
[PRESS RELEASE] – KBR today announced that it has completed the registration and licensing of a new entity to carry out general engineering and project management services under the Saudi Arabian Oil Company (Saudi Aramco) GES+ initiative. As part of completing the GES+ initiative, KBR…
Al Rajhi Bank in Saudi Arabia Issues 15,000 Cards per Day with Gemalto’s Instant EMV Card Issuance Solution
Gemalto, the world leader in digital security, announces that Al Rajhi Bank, the largest financial institution in Saudi Arabia, has completed the main phase of the Dexxis Instant Issuance deployment program for on-the-spot EMV card delivery. With more than 500 branches equipped nationwide and over…
Saudi Ministers Increasingly Embracing Social Media
Arab News reports that Saudi Arabia’s ministers are increasingly embracing social media in order to reach out to the younger generation. Saudi ministers are using the microblogging platform to communicate frequently and directly to citizens of Saudi Arabia, an increasing number of whom get their…
Skiing Coming to Saudi Arabia with New Development
Saudi Arabia is set to join neighboring Dubai in the United Arab Emirates as a hot, desert nation which offers winter sports. Developer Dar Al Akan in Saudi Arabia is hoping to complete the first indoor “snow village” in the Kingdom by the end of…
