QatarEnergy has acquired a 27.5% working interest in Namibia’s offshore Block 2813B (PEL0090) through an agr ..Read More

QatarEnergy has acquired a 27.5% working interest in Namibia’s offshore Block 2813B (PEL0090) through an agreement with Harmattan Energy Limited (a Chevron subsidiary), which retains a 52.5% stake. The block, located 200 km offshore and near QatarEnergy’s Venus discovery, spans 5,433 km² in deep waters. QatarEnergy plans to begin drilling the first exploration well soon, strengthening its upstream presence in Namibia.
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• Oil & Gas

AD Ports Group has inaugurated CMA Terminals Khalifa Port, a state-of-the-art container terminal with a value ..Read More

AD Ports Group has inaugurated CMA Terminals Khalifa Port, a state-of-the-art container terminal with a value of AED 3.1 billion (USD 845 million). The facility, managed by a joint venture between CMA Terminals and AD Ports, boosts Khalifa Port’s container capacity by 23%, reaching nearly 10 million TEUs annually. The terminal features advanced infrastructure, including automated gates, solar panels, and the region's first net-zero carbon administration building, reinforcing Abu Dhabi's role in sustainable and smart trade.
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• Transport

The Saudi Civil Aviation Holding Company (MATARAT) has issued a Request for Proposal (RFP) for the privatizati ..Read More

The Saudi Civil Aviation Holding Company (MATARAT) has issued a Request for Proposal (RFP) for the privatization of the New Abha International Airport to pre-qualified bidders. The airport, designed to reflect the Aseer region's heritage, aims to accommodate up to 10 million passengers annually by 2030, with a capacity of 13 million by 2054. Pre-qualified bidders include consortia such as Mada TAV, VI Asyada daa, GMR, and Touwaik Alliance. Construction, set for completion by 2028, will be executed in phases to ensure smooth progress.
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• Construction
• PPP

Uzbekistan's President Shavkat Mirziyoyev inaugurated the 500 MW Zarafshan wind farm, the largest in Central A ..Read More

Uzbekistan's President Shavkat Mirziyoyev inaugurated the 500 MW Zarafshan wind farm, the largest in Central Asia, developed by Masdar. Masdar plans to invest $2 billion in Uzbekistan for over 2 GW of clean energy projects and signed an agreement to develop a 1 GW wind farm in Mingbulak. Uzbekistan aims for 20 GW of clean energy capacity by 2030, with Masdar playing a key role in its renewable energy initiatives.
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• Power

Dubai Electricity and Water Authority (DEWA) has completed a 30 million imperial gallon (MIG) desalinated wate ..Read More

Dubai Electricity and Water Authority (DEWA) has completed a 30 million imperial gallon (MIG) desalinated water reservoir project in Hatta, valued at AED 86 million. This initiative is part of DEWA's strategy to increase water reserves and improve the efficiency of water networks in Dubai. The project aligns with the Comprehensive Development Plan for Hatta and is expected to enhance water flow and meet growing demand. DEWA is also expanding its storage capacity, with additional reservoirs planned for 2025.
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• Power

Modon and EMSTEEL Group have signed a strategic alliance to make Modon the first real estate developer in the ..Read More

Modon and EMSTEEL Group have signed a strategic alliance to make Modon the first real estate developer in the UAE to use low-carbon steel in construction. This partnership supports the UAE's Net-Zero 2050 strategy by incorporating green steel produced with renewable hydrogen, marking a significant step towards sustainable construction practices. The initiative aligns with the UAE's green targets and aims to decarbonize the construction industry.
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• Construction

Saudi Cable Company's Bahrain branch signed two turnkey contracts worth SAR 64.7 million. The first, valued at ..Read More

Saudi Cable Company's Bahrain branch signed two turnkey contracts worth SAR 64.7 million. The first, valued at SAR 38 million with Bilaj Aljazayer Company, involves a 10-month project for a 66 kV power extension. The second, worth SAR 26.6 million with Diyar Al Muharraq Company, is a 30-month project for similar power extension and installation works.
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• Power

Sweid & Sweid has awarded the AED 730 million construction contract for its Sweid One office development in Ju ..Read More

Sweid & Sweid has awarded the AED 730 million construction contract for its Sweid One office development in Jumeirah Lakes Towers (JLT) to Dutco Construction. The project will offer 500,000 square feet of premium office space, with amenities such as unique food and beverage options and extensive parking. Construction is set to complete by Q4 2026, continuing a successful partnership between the two companies.
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• Construction