East Pipes Integrated Company for Industry has secured contracts worth SAR 57 million from Saudi Real Estate I ..Read More

East Pipes Integrated Company for Industry has secured contracts worth SAR 57 million from Saudi Real Estate Infrastructure Company (Binyah) and Al Rashid Trading and Contracting Company. The contracts, set to last seven months, involve manufacturing and supplying steel pipes with coating applications. The financial impact will be reflected in the first and second quarters of the 2025/2026 financial year.
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• Manufacturing

The Emirates Water and Electricity Company (EWEC), UAE, has secured approval for four new renewable energy sit ..Read More

The Emirates Water and Electricity Company (EWEC), UAE, has secured approval for four new renewable energy sites across Abu Dhabi, including three solar PV plants in Al Faya, Al Khazna, and Al Zarraf, and a wind farm in Sila. These projects will add 4.5GW of solar PV and 140MW of wind capacity, supporting Abu Dhabi's Clean Energy Strategic Target 2035 and the UAE's Net Zero by 2050 initiative. This development aligns with environmental sustainability goals and decarbonization efforts through collaborations with key partners like the DoE, EAD, and ADNOC.
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• Power

Red Sea International Company's subsidiary, The Fundamental Installation for Electric Work Co. Ltd., signed a ..Read More

Red Sea International Company's subsidiary, The Fundamental Installation for Electric Work Co. Ltd., signed a SAR 318.9 million contract with Modern Building Leaders Co. to deliver mechanical, electrical, and plumbing (MEP) works. The 13-month contract includes supply, installation, testing, and commissioning of MEP systems, showcasing the subsidiary's expertise as a leading MEP contractor in Saudi Arabia.
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• Construction

Aluminium Bahrain (Alba) has partnered with Comvision (India) to enhance its inventory management through an R ..Read More

Aluminium Bahrain (Alba) has partnered with Comvision (India) to enhance its inventory management through an RFID-based system. The collaboration includes the development of ‘Albavision,’ a tracking software for real-time inventory monitoring, which will be marketed and licensed by Comvision. This partnership aims to streamline Alba’s operations, reduce costs, and provide valuable supply chain insights.
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• Manufacturing

Dubai Electricity and Water Authority (DEWA) is implementing a smart grid with AED 7 billion investments to en ..Read More

Dubai Electricity and Water Authority (DEWA) is implementing a smart grid with AED 7 billion investments to enhance electricity and water services using advanced technologies like AI and IoT. The grid features automated decision-making, fault detection, and restoration systems, reducing electricity and water losses to world-leading levels. DEWA’s initiatives align with Dubai's vision to become the smartest city globally, supported by smart meters, big data analytics, and innovative customer alert systems.
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• Power

The Knowledge Economic City in Saudi Arabia has signed a SAR 502.9 million contract with China Gezhouba Group ..Read More

The Knowledge Economic City in Saudi Arabia has signed a SAR 502.9 million contract with China Gezhouba Group International Engineering Company (CGGC) for construction, electromechanical, and finishing works for seven residential towers in the Al-Alya Project's first phase. Spanning 270,000 square meters, the Al-Alya Project integrates residential, business, and entertainment facilities, including apartments, villas, hotels, and a central park to enhance quality of life. The contract duration is 30 months.
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• Construction

The Knowledge Economic City (KEC) in Saudi Arabia has awarded a SAR 232.8 million contract to Alfaneyah Electr ..Read More

The Knowledge Economic City (KEC) in Saudi Arabia has awarded a SAR 232.8 million contract to Alfaneyah Electromechanical Company for electromechanical works on the Hilton Hotel Tower and the branded residences tower within the KEC Hub Project. The 18-month contract includes electrical, mechanical, and plumbing works for the towers, which feature 384 five-star hotel units and 66 luxury residences. Located in Medina, the project integrates recreation, shopping, and entertainment, with a public park and a boulevard offering diverse services.
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• Construction

McDermott has opened a state-of-the-art welding and technology center in Dubai’s Jebel Ali Freezone, coverin ..Read More

McDermott has opened a state-of-the-art welding and technology center in Dubai’s Jebel Ali Freezone, covering over 4,100 sqm. The facility will centralize McDermott’s pipeline development and qualification expertise, focusing on welding, coating, non-destructive testing, and simulation for global pipeline projects. It aims to enhance efficiency, reduce costs, and improve performance predictability, supporting McDermott's leadership in subsea pipeline fabrication and installation.
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• Manufacturing