Linxon, a joint venture between AtkinsRéalis and Hitachi Energy, secured $1 billion in new orders by December ..Read More

Linxon, a joint venture between AtkinsRéalis and Hitachi Energy, secured $1 billion in new orders by December 2024, with contributions from the Americas, Asia Pacific/Middle East & Africa, and Europe. Key successes include expanding into Puerto Rico with nine Energy Storage Systems (ESS) projects and securing a major award in Abu Dhabi. Linxon continues to strengthen its presence in core European markets, with new awards expected in 2025, positioning itself for sustained growth in the power transmission sector.
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• Power

TAQA Water Solutions, UAE, signed an MoA with the New Tashkent City Directorate to develop a 65km raw water tr ..Read More

TAQA Water Solutions, UAE, signed an MoA with the New Tashkent City Directorate to develop a 65km raw water transmission pipeline and an advanced water treatment plant in New Tashkent City, Uzbekistan. Valued at AED 2 billion, the project will supply 500,000 m³/day of clean water sourced from the Charvak Mountain Reservoir, benefiting 2 million people and generating 20 MW of hydro-power. This marks TAQA’s second major water project in Uzbekistan, enhancing UAE-Uzbekistan ties and supporting sustainable growth.
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• Water

Meraas, part of Dubai Holding Real Estate, has awarded a contract worth over AED2 billion to Arabian Construct ..Read More

Meraas, part of Dubai Holding Real Estate, has awarded a contract worth over AED2 billion to Arabian Construction Company LLC for the Design Quarter at d3, the first residential community in Dubai Design District. Set for completion by mid-2027, the project includes 558 apartments across three buildings—one low-rise and two skyscrapers—connected by a landscaped podium. The communal space will feature co-working areas, an indoor-outdoor gym, pools, barbecue zones, and children’s activity areas.
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• Construction

OQ Exploration & Production SAOG (OQEP), Oman, has signed an Exploration and Production Sharing Agreement (EPS ..Read More

OQ Exploration & Production SAOG (OQEP), Oman, has signed an Exploration and Production Sharing Agreement (EPSA) for Block-54 with the Ministry of Energy and Minerals of Oman. OQEP will hold a 60% interest and operate the block, while Genel Energy will hold the remaining 40%. A Joint Operating Agreement (JOA) has been formalized, and the agreements will take effect once ratified by a Royal Decree. The block is currently under exploration with geological studies, seismic surveys, and exploratory drilling.
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• Oil & Gas

Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ) has invited bids for consultancy se ..Read More

Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ) has invited bids for consultancy services to develop a cold chains integrated economic cluster at the Special Economic Zone in Duqm. Tender documents can be purchased until March 18, 2025, with bid submissions due by April 17, 2025, via the Isnad platform. The project aims to enhance cold chain infrastructure, boost Omani export competitiveness, and improve storage and distribution of perishable goods like food and pharmaceuticals, reducing waste and ensuring better quality.
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• Construction

AIQ, a Presight company, has secured a $340 million contract with ADNOC to deploy ENERGYai and associated AI s ..Read More

AIQ, a Presight company, has secured a $340 million contract with ADNOC to deploy ENERGYai and associated AI solutions across ADNOC’s upstream operations. The three-year agreement aims to enhance optimization and efficiency, using ENERGYai's advanced AI, which combines large language models with agentic AI tailored for specific workflows. This solution will significantly reduce process times, minimize costs, and cut emissions by streamlining tasks such as seismic analysis, geological modeling, and real-time monitoring.
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• Oil & Gas

TK Elevator (TKE) has secured a new 10-year contract with Dubai Airports to service and maintain Dubai Interna ..Read More

TK Elevator (TKE) has secured a new 10-year contract with Dubai Airports to service and maintain Dubai International Airport’s (DXB) Passenger Boarding Bridges (PBBs) and aircraft stand equipment across all four concourses, including Concourse A and D. The agreement covers 24/7 maintenance of 152 PBBs, pre-conditioned air, and ground power units, ensuring operational efficiency and sustainability at the world’s busiest international airport, which served 92.3 million passengers in 2024. TKE’s expertise in lifecycle management and infrastructure reliability aligns with Dubai Airports' goal of enhancing passenger experience and setting global benchmarks in operational excellence.
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• Transport

DP World and Saudi Ports Authority (Mawani) have inaugurated the upgraded South Container Terminal at Jeddah I ..Read More

DP World and Saudi Ports Authority (Mawani) have inaugurated the upgraded South Container Terminal at Jeddah Islamic Port, a key part of DP World’s SAR 3 billion ($800 million) expansion. The terminal’s capacity has more than doubled from 1.8 million TEUs to 4 million TEUs, with plans to scale up to 5 million TEUs. Equipped with automation, AI-powered tracking, and an expanded reefer capacity (from 1,200 to 2,340), the terminal enhances efficiency and trade connectivity under Saudi Vision 2030. Adjacent to it, the 415,000 sqm Jeddah Logistics Park, set for completion by Q2 2026, will further boost trade across Asia, Africa, and Europe.
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• Transport