Two Port Said factories owned by Japan's Sumitomo open in Egypt
Egypt's investment minister also surveyed a $1.5bn plant that Indian chemical company TCA Sanmar is
Saudi Arabia signs $50bn agreements at Future Investment Initiative
The multi-sector MoUs include transport schemes such as Haramain Rail and Saudi Land Bridge
Petro Rabigh proposes $1.9bn rights issue
Funding will be used alongside $5bn of project financing to help fund the $8bn phase
Az-Zour North power project now 65% complete
Kuwait's $1.4bn independent power and water plant to be up and running by end of
Siemens hands over $1.4bn Shuweihat 3 power plant
The 1600MW combined cycle plant was built in just over three years
Japan's JGC wins Petro Rabigh contract
Firm to conduct feasibility study into US $10bn expansion project

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Construction Week - Issue 767
Sep 01, 2020