Marafiq consortium closes $280m deal for financing of ISTP in Jeddah

Marafiq, a power and water utility company for Jubail and Yanbu, has said its consortium, comprising of key partners – Veolia and...

Construction

ACCIONA-built Al-Khobar 1 desalination plant produces first cubic meter of water

ACCIONA has described the production of the first cubic meter of water at Al-Khobar 1 as a key milestone in the construction of...

Infrastructure

Elsewedy Electric announces $22.3m EPC contract for substation in Sadat city in Egypt

Elsewedy Electric, the Egypt-based wires, cables and integrated solutions provider, has announced that its unit, Elsewedy Electric for Trading and Distribution, has...

Construction

Sohar Asphalt inks deal with Chinese firm for Oman’s first bitumen refinery

The construction of Oman’s first bitumen refinery is expected to get underway following the signing of a deal between Sohar Asphalt and...

Senaat submits offer to combine NPCC and NMDC

Abu Dhabi’s General Holding Corporation (Senaat), along with other minority shareholders of National Petroleum Construction Company (NPCC) has submitted an offer to...

Infrastructure

Acwa Power-led consortium scores major Saudi water deal

A 25-year water purchase agreement has been signed by an Acwa Power -ed consortium with the Saudi Water Partnership Company, for a...

Construction

‘Expo 2020 and government initiatives will grow UAE construction sector’ – Airolink chairman

Dr Anil Pillai, chairman and founder of Airolink Construction Group, the Dubai-based EPC contractor, has said that he remains optimistic about the...

Construction

Saipem and AHQ to set up JV firm in Saudi Arabia

Saipem has inked an agreement with Saudi construction company Abdel Hadi Abdullah Al Qahtani & Sons Company (AHQ). The firm says the...

Construction

McDermott begins construction of Saudi fabrication facility

McDermott has broken ground on its new fabrication facility at the King Salman International Complex for Maritime Industries and Services in the...

Construction

Adnoc awards $1.65bn worth of EPC contracts for gas project

Abu Dhabi National Oil Company (Adnoc) has awarded two contracts worth $1.65bn for providing engineering, procurement and construction (EPC) services at its...