Ecolab, a global sustainability leader in water, hygiene and infection prevention solutions and services, and the Saudi Water Authority (SWA) have entered into a non-binding memorandum of understanding (MoU) to accelerate water innovation and the Kingdom’s sustainability objectives.
KKR, a leading global investment firm, has announced a strategic infrastructure financing transaction with Acwa Power, a global utility major. As part of the deal, KKR will serve as the anchor lender in a long-duration financing solution for the Rabigh 3 desalination facility in the Makkah region.
UAE-based developer Seven Tides has appointed Dutco Construction as the main contractor for its Golf Views Seven City JLT project in Dubai. A premium mixed-use development, it boasts 2,621 residential units along with 150,000 sq ft of retail space and a variety of dining options.
Dubai’s Roads and Transport Authority (RTA) has opened two bridges under Trade Centre Roundabout Development. The project scope covers three more bridges extending 5,000 m and conversion of a roundabout into an at-grade intersection.
Alfanar Projects has announced that it has secured a major contract from the Royal Commission for Jubail and Yanbu (RCJY) for the design and construction of an underground cable project that will feed the industrial area in Jizan City.
TECOM Group, the creator of specialised business districts and vibrant communities in Dubai, has launched Phase 4 of Innovation Hub in Dubai Internet City to address the rising demand for Grade-A office spaces from global multinational companies.
Abu Dhabi National Oil Company (ADNOC), in partnership with Eni and PTT Exploration and Production Public Company Limited (PTTEP), has signed a landmark structured financing transaction of up to AED40.4 billion ($11 billion) to monetise Hail and Ghasha’s midstream future gas production.
Saudi Arabia has officially completed grid connection of its landmark energy storage system (ESS) project with the nameplate capacity of 7.8GWh.
Modon has awarded the main construction contract for two of its residential developments on Hudayriyat Island: Nawayef East and Nawayef West. With a total value of AED5 billion ($1.36 billion), the contract is the largest awarded for residential projects in Abu Dhabi in 2025.
MYCRANE Trading, the newly established crane sales, leasing and maintenance services provider based in Jebel Ali Free Zone, has announced that its first stock will arrive in mid-January 2026, following recent purchase and inspection visits by the MYCRANE team in both Asia and Europe.
