Saudi-based Alkhorayef Water and Power Technologies Company said it has secured a three-year contract from the National Water Company to provide operation and maintenance services for water and wastewater facilities at Al Khobar in the kingdom's Eastern Province.
FDI Group, a UK-based specialist fire protection contractor, has expanded its regional operations with the launch of Fire Dynamics International. This new business boosts the group's presence in UAE by adding a dedicated contracting division alongside its fire safety consultancy.
Sokoyo, a top Chinese manufacturer of solar street lights, has announced that it has completed the lighting units installation work for QatarEnergy at its Ras Laffan and Masaieed solar project facilities. The power project is being developed by Samsung C&T Corp.
Emirates Global Aluminium (EGA) has announced robust results for the first half, recording a 34% jump in adjusted net profit which rose to AED2.46 billion ($670 million) from AED1.84 billion ($500 million) helped by higher realised aluminium prices and stronger regional premiums.
Bahrain has announced that three top consultants - KPMG Advisory, EY Consulting and PricewaterhouseCoopers - are vying for the Bahrain Northern Link Road project advisory role. A PPP project, the BNLR involves a 29.5-km highway that runs from North Manama Causeway Bridge to King Hamad Causeway.
Holcim UAE (earlier Lafarge Emirates Cement) has, in partnership with carbon storage innovator 44.01, achieved a major milestone in industrial decarbonisation with the commissioning of a continuous carbon capture and underground mineralisation pilot at a cement facility in Fujairah.
EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, said it had supplied locally manufactured rebar and more than 80,000 tonnes of cement for the Etihad Rail project. These were used in the construction of passenger stations across Al Dhafra region and Abu Dhabi.
National Central Cooling Company (Tabreed) has announced robust results for the first half delivering a revenue of AED1.13 billion ($307 million) supported by fixed capacity charges and ongoing capacity expansion. The connected capacity grew 15% to hit 1.58 million refrigeration tonnes (RT).
Saudi-based Tarmeem for Development has signed an agreement with the King Salman Charity Housing Association to manage home renovation and maintenance projects. The agreement covers structural, architectural, and interior revamp in addition to electrical and mechanical works.
Al Rajhi Capital and LogiPoint have entered into a deal to establish a dedicated investment fund for the development of the South Jeddah Logistics and Industrial Park, a landmark mixed-use logistics and industrial project in the Saudi port city, at a total investment of SAR5 billion ($1.3 billion).
