Georg Fischer (GF), a Swiss company dedicated to the manufacture, supply and marketing of thermoplastic piping systems, has announced the opening of its commercial office in Riyadh. With this move, GF aims to bring its global Flow Solutions expertise closer to its customers in Saudi Arabia.
Korea Electric Power Corporation (Kepco) has announced that it has secured contracts worth $1.4 billion from Saudi oil giant Aramco for the construction and operation of the second phase of the kingdom’s Jafurah cogeneration power plant which, on completion, will boast a 331MW capacity.
Dubai’s Roads and Transport Authority (RTA) has signed a co-operation agreement with Jafza to advance regulatory integration in support of regulation of roads. The pact aligns with Dubai’s vision and strategic objectives to enhance road safety and ensure the delivery of development projects as per global standards.
The temporary freeze on rents in Abu Dhabi has been implemented to create a predictable, people-centred residential environment where households and businesses can plan with confidence and security, said Abu Dhabi Real Estate Centre (ADREC) in a statement.
A consortium led by Abu Dhabi National Energy Company (Taqa) with Saudi group Aljomaih Energy and Water Company and China's Sembcorp Industries has secured the contract for the Taweelah combined cycle gas turbine (CCGT) project in Abu Dhabi with a 2.6GW capacity.
Arabian Construction Company Group has appointed Eric Savage as its new Chief Technology Officer (CTO). In this role, Savage will lead ACC’s technology strategy, overseeing enterprise systems, cyber security, IT infrastructure, data initiatives and digital innovation across the business.
SAB Invest, the investment arm of Saudi Awwal Bank (SAB), has joined hands with Retal Urban Development Company for the launch of a CMA-regulated real estate investment fund valued at SAR1.9 billion ($502 million). The project will be developed on a 19,000sqm site in Riyadh's Almalqa district.
The World Cement Association (WCA) has announced that CBMI Construction Company has become its Associate Corporate Member. Established in 1959, CMBI is a global leading service provider of green and low-carbon solutions for the cement and building materials industry.
Damac Digital has announced that its planned IT capacity landbank has reached 6,000MW across 13+ countries and a planned portfolio of 35+ sites, positioning it as one of the fastest-scaling global digital infrastructure platforms serving hyperscale cloud, AI and sovereign compute demand.
Elsewedy Electric, a leading provider of energy and infrastructure solutions in EMEA region, said the group continues its efforts to empower Saudi women and actively engage them in the workplace. Its Saudi female employees currently represent 6.5% of the group’s total workforce in the kingdom.
