The contract includes the design, construction, testing, and commissioning of a seawater reverse osmosis desalination plant.

Plans for the world's tallest building, Jeddah Tower, have resumed after a seven-year hiatus, with the completion set for 2028.

Siemens Energy (OTCPK:SMEGF) said Wednesday it was awarded a $1.6B project, with China's Harbin Electric International as the engineering, procurement and construction contractor, to provide key technologies for two gas-fired power plants in Saudi Arabia.

Siemens Energy has secured a $1.6bn project to supply essential technologies for the Rumah 2 and Nairyah 2 gas-powered power stations in Saudi Arabia. Situated in the western and central regions, the plants will contribute 3.