QatarEnergy signed a 20-year Sales and Purchase Agreement (SPA) with Guangzhou Guanggang Gases & Energy Co. Lt ..Read More

QatarEnergy signed a 20-year Sales and Purchase Agreement (SPA) with Guangzhou Guanggang Gases & Energy Co. Ltd (G-gas) to supply 100 million cubic feet per annum of helium to China, marking Qatar’s first direct long-term helium supply agreement with China. The helium will be sourced from Qatar’s Ras Laffan facilities, with capacity expected to double through North Field LNG expansion projects. This agreement strengthens QatarEnergy’s global partnerships and supports critical industries reliant on helium, including medical, technology, and space exploration sectors.
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• Oil & Gas

Al-Babtain Power and Telecommunication signed a SAR 622 million contract with Saudi Service for Electromechani ..Read More

Al-Babtain Power and Telecommunication signed a SAR 622 million contract with Saudi Service for Electromechanical Works (SSEM) to design, test, manufacture, and supply a 500kV Overhead Transmission Line (OHTL) for the COA-SOA Interconnection Link (Portion III) over 24 months. Previously, the company secured a $104 million steel towers supply contract with L&T.
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• Power

Hassan Allam Holding's subsidiary, Kortech, has secured two additional MEP Enhancement Works packages at the K ..Read More

Hassan Allam Holding's subsidiary, Kortech, has secured two additional MEP Enhancement Works packages at the King Abdullah Financial District (KAFD) in Riyadh. The expanded scope covers firefighting, plumbing, HVAC, electrical, ICT, BMS, and fire alarm systems across multiple office buildings, spanning 22,000+ m². As Riyadh’s premier business district, KAFD plays a key role in Saudi Arabia’s modern urban vision, with Kortech contributing to its transformation. Hassan Allam Holding continues its global expansion, delivering high-quality construction and development projects.
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• Construction

Oman’s Ministry of Agriculture, Fisheries and Water Resources inaugurated the Wadi Al Jifnain Dam in A’See ..Read More

Oman’s Ministry of Agriculture, Fisheries and Water Resources inaugurated the Wadi Al Jifnain Dam in A’Seeb, under the patronage of HH Sayyid Harib bin Thuwaini Al Said. The RO 45.6 million project, completed in three years, is part of Oman’s 200-dam network, aimed at flood protection and groundwater recharge. It safeguards Al Khoudh, Al Hail, and Al Mawaleh using advanced hydrological technologies like flexible concrete structures and water monitoring systems, ensuring resilience and sustainability.
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• Construction

Drake & Scull International (DSI) has secured two major contracts worth over AED 1 billion for the Arabian Hil ..Read More

Drake & Scull International (DSI) has secured two major contracts worth over AED 1 billion for the Arabian Hills Project, a 224 million sq. ft. luxury development. The contracts cover infrastructure works, power systems, street lighting, and a sewage treatment plant for Sun Valley (AED 452.85M) and Park Vista (AED 557.81M). The project will utilize advanced construction methods and aligns with sustainable urban development goals. CEO Muin El Saleh emphasized the contracts as a major milestone, reinforcing DSI’s market leadership and future growth strategy.
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• Construction

Raissy Trading & Contracting Co. Ltd. secured a SAR 131 million contract from Saudi Electricity Company (SEC) ..Read More

Raissy Trading & Contracting Co. Ltd. secured a SAR 131 million contract from Saudi Electricity Company (SEC) for the 110/13.8kV substation project at MAADEN BARRICK COPPER Co. in the Madinah Region. The project scope includes design, material supply, installation, testing, and commissioning, with a duration of 23 months.
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• Power

Dubai’s RTA has awarded an AED 798 million contract for the Al Qudra Street Development Project, enhancing t ..Read More

Dubai’s RTA has awarded an AED 798 million contract for the Al Qudra Street Development Project, enhancing traffic flow and connectivity across key residential and commercial areas. The project spans 11.6 km, includes 2,700m of bridges, and aims to reduce travel time from 9.4 to 2.8 minutes, benefiting 400,000 residents and visitors. Key upgrades include bridges at major intersections, expanding road capacity to 19,400 vehicles/hour, and reducing wait times significantly. The development will also extend Al Qudra Street by 3.4 km and add 4.8 km of new roads, improving access to Arabian Ranches, Dubai Motor City, DAMAC Hills, and more.
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• Construction

Mabanee’s KSA subsidiary has signed two contracts worth SAR 1.13 billion for Phase 2 (Towers) of The Avenues ..Read More

Mabanee’s KSA subsidiary has signed two contracts worth SAR 1.13 billion for Phase 2 (Towers) of The Avenues Riyadh. Alghanim International Al Saudia will construct three towers for SAR 656 million, while Al-Ahmadiah Contracting & Trading Company will build two towers for SAR 475 million. The project is set to be completed within 24 to 33 months from the start date.
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• Construction