Infrastructure
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Larsen and Toubro bags major contracts in India and Middle East
L&T classifies a major contract as being valued between $656 million and $918 million. India’s Larsen & Toubro’s construction arm has announced...
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DEWA sponsors UAE Inventors Society
Initiative makes it one of the biggest supporters of innovation in Dubai and the UAE says DEWA . The Dubai Electricity and...
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Coronavirus: Dubai Investment Parks initiates disinfection drive across all common areas of integrated community
Sanitisation and fogging activities were carried out to the highest international standards. Dubai Investments Park (DIP), the integrated commercial, industrial and residential...
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APC signs agreement with SK Gas to build two new petrochemical facilities at a cost of $1.8bn
License agreements have also been signed with several firms for the procurement of necessary technology at the plants . Saudi-based Advanced Petrochemical...
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Target Engineering awarded two contracts worth $57m
The firm is a wholly owned subsidiary of Arabtec Holding.. Target Engineering has won two key contracts worth $57m for projects in...
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Arabtec restructures team, appoint new chief executive officer
Arabtec has appointed Wail Farsakh as chief executive officer and Najeh Awad as chief financial officer. Arabtec Holding has promoted its group...
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Abu Dhabi National Energy Company in talks with ADPower for purchase of assets
TAQA’s board of directors have approved to acquire most of ADPower’s water and electricity assets. TAQA (Abu Dhabi National Energy Company) has...
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KNPC completes biofuels project in Kuwait
The cost of the biofuels project has reached $14.7bn according to Abdullah Al Ajmi, deputy CEO for projects at KNPC. Kuwait National...
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Coronavirus: EETC delays tender offer for electricity interconnection line with KSA due to COVID-19 pandemic
Postponement is the third so far, following two earlier delays due to changes in the line course because of Neom project in...
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Tabreed acquires 80% stake in Emaar’s Downtown Dubai district cooling business for $675mn
Transaction increases Tabreed’s presence in Dubai to 278801RT, with total capacity increased to 12.6% . The UAE-based National Central Cooling Company (Tabreed)...