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Real Estate News Alert.

Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Friday, February 13, 2009

New $1 Billion Contract Signed in Saudi Arabia

Riyadh, Saudi Arabia - GE Energy has signed a contract for nearly US$1 billion to supply more than 30 Frame 7EA gas turbines for the Saudi Electricity Company's (SEC) Riyadh Power Plant 10 (PP10). This project, the latest in a series of GE contracts for SEC power projects, will add 2,000 megawatts of much needed power to help support the region's dynamic economic and population growth. ...

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