Saudi Aramco will sign 30 deals with local and foreign companies worth about $25 billion during the in-Kingdom Total Value Add (iktva) event.

Egyptian President Abdel Fattah El Sisi met with ABB Group's CEO, Ulrich Spiesshofer, where they reviewed Egypt's economic reform program.

ABB is planning to establish a $10m power transformer factory.

The Egyptian Electricity Transmission Company (EETC) invited six Egyptian and International companies to build four transformer stations with $250m in investments.

Head of the Egyptian Electricity Transmission Company (EETC) will meet with Siemens, ABB and Alstom companies to discuss the transformer tender of the $1.6b Egyptian-Saudi electricity linkage project.

Swiss ABB has won a contract worth $11b for the 1,850km Trans-Anatolian Natural Gas Pipeline (TANAP) to deliver Azerbaijan's natural gas from the Shah Deniz 2 field in the Caspian Sea to Europe.

The 11th GCC-CIGRE International Conference was launched on Tuesday in Jeddah, Saudi Arabia, stretching from November 3-5.

ABB, the leading power and automation technology group, has won a $60 million contract from Shell Gas Iraq B.V. to build a new power plant in southern Iraq.