EMSTEEL, a leading steel and building materials manufacturer, has partnered with Hafeet Rail Infrastructure LL ..Read More

EMSTEEL, a leading steel and building materials manufacturer, has partnered with Hafeet Rail Infrastructure LLC and Minerals Development Oman (MDO) to optimize raw material transport and enhance cross-border rail connectivity between the UAE and Oman. The partnership secures the transport of 4.2 million tonnes of limestone and red shale annually for 15 years, with an option to extend. EMSTEEL will operate a Rail Transfer Facility in Al Ain, while MDO ensures compliance with quality standards. This initiative aligns with the UAE’s Operation 300bn and Oman’s Vision 2040, promoting sustainability, reducing emissions, and fostering regional economic collaboration.
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• Transport

Técnicas Reunidas, Spain, secured a USD 3.39 billion Oil & Gas contract in the UAE for constructing upstream ..Read More

Técnicas Reunidas, Spain, secured a USD 3.39 billion Oil & Gas contract in the UAE for constructing upstream facilities and offshore activities in critical process facilities. The five-year project will be led by the company’s engineering office in Madrid.
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• Oil & Gas

TA’ZIZ has awarded a $1.7 billion EPC contract to SAMSUNG E&A to build one of the world’s largest methanol ..Read More

TA’ZIZ has awarded a $1.7 billion EPC contract to SAMSUNG E&A to build one of the world’s largest methanol plants in Al Ruwais Industrial City, Abu Dhabi, with a capacity of 1.8 mtpa. Set for completion in 2028, the plant will be powered by clean energy, enhancing UAE’s position in sustainable chemical production. In its initial phase, TA’ZIZ will produce 4.7 mtpa of chemicals, including methanol, low-carbon ammonia, and PVC, advancing UAE’s economic diversification and industrial growth.
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• Petrochemical

Borouge Plc, UAE, announced $100 million in new supply agreements and collaborations to advance sustainability ..Read More

Borouge Plc, UAE, announced $100 million in new supply agreements and collaborations to advance sustainability and innovative materials. It signed deals with Bericap, Taghleef Industries, INDEVCO Group, and ALPLA to supply polyethylene and polypropylene for advanced packaging solutions. Borouge is also promoting circularity with a zero-waste strategy, including a collaboration with Tahzeem Packaging and Rebound to produce shipping sacks with 30% recycled polyethylene. These initiatives reinforce Borouge’s role in enhancing product durability, recyclability, and environmental impact reduction.
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• Petrochemical

L&T’s renewables business has been selected by Masdar as one of the preferred EPC contractors for the north ..Read More

L&T’s renewables business has been selected by Masdar as one of the preferred EPC contractors for the north site of the world’s first 24/7 solar PV and battery storage gigascale project in Abu Dhabi. The project, developed with EWEC, includes a 5.2GW solar PV plant and a 19GWh battery energy storage system, making it the largest of its kind globally. The initiative aims to provide clean energy 24/7 and marks Masdar’s most ambitious project to date.
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• Power

Meraas has awarded a AED 1 billion construction contract for Bluewaters Bay to China State Construction Engine ..Read More

Meraas has awarded a AED 1 billion construction contract for Bluewaters Bay to China State Construction Engineering Corporation. The development will feature two residential towers with 678 apartments, retail outlets, and top-tier amenities like a landscaped promenade, pool, and children's play area. Scheduled for completion in Q4 2027, the project aims to become Dubai's next iconic waterfront destination.
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• Construction

ADNOC Gas signed a $450 million, three-year LNG supply agreement with JERA Global Markets to support Japan’s ..Read More

ADNOC Gas signed a $450 million, three-year LNG supply agreement with JERA Global Markets to support Japan’s energy needs. The LNG will be supplied from Das Island, which has a 6.0 mtpa production capacity and has been supplying Japan for 48 years. This deal strengthens UAE-Japan energy ties and aligns with both companies’ goals for energy security and a lower-carbon future.
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• Oil & Gas

Ssangyong Engineering & Construction (Ssangyong E&C) has secured a $230 million contract to build the Immersiv ..Read More

Ssangyong Engineering & Construction (Ssangyong E&C) has secured a $230 million contract to build the Immersive Tower, a luxury office building in Dubai International Financial Centre (DIFC). The project includes a 36-story tower with three basement levels, spanning 114,474 square meters and targeting LEED Platinum certification for sustainability. Ssangyong E&C previously completed the ICD-Brookfield Place in DIFC in 2020.
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• Construction