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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Aramco to launch new projects

Launched in 2012, the UNESCO GNLC aims to support and improve lifelong learning practices in cities worldwide.
By TRENDS Desk
March 22, 2022 5:04 pm
  • Murad Al-Sayed said the registration mechanism will be presented to contractors interested in becoming a part of Aramco’s list of qualified contractors
  • It has so far contributed to raising the local content in the company’s different projects from 35 to 60 percent, he added

Aramco will begin new 140 projects across various energy fields in the next three years, according to the media reports, citing the company’s director general of the marine and infrastructure projects department.

Murad Al-Sayed said the registration mechanism will be presented to contractors interested in becoming a part of Aramco’s list of qualified contractors.

He said the IKTVA program aims to raise the local content in Aramco’s projects. It has so far contributed to raising the local content in the company’s different projects from 35 to 60 percent, he added.

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