Julphar (Gulf Pharmaceutical Industries) said it has entered into a long-term lease agreement with Modon Industrial City for setting up its integrated pharmaceutical manufacturing plant in the Saudi Arabia over a 45,000 sq m area at Jeddah.
Al Mulla Engineering Products, an integral vertical and subsidiary of Al Mulla Engineering within Al Mulla Group, and Daikin, a global leader in developing and manufacturing air conditioning, heating, ventilation and refrigeration solutions (HVAC-R), showcased Daikin’s latest innovative air conditioning and cooling systems, especially cooling technologies for data centres, at a special seminar and customer orientation sessions in Kuwait.
Boeing has appointed Fahad Al Mheiri as its new Vice President for the Middle East Gulf and North Africa region, starting in January. Based in Dubai, Al Mheiri succeeds Kuljit Ghata-Aura, who has moved into a new executive role with the company.
Saipem, a global leader in the engineering and construction of key energy projects, has announced that it has secured an EPCI contract worth $3.1 billion from QatarEnergy LNG for the Comp5 package of its North Field NFPS Offshore Compression Complexes project.
Boeing today announced the appointment of Fahad Al Mheiri as Vice President for the Middle East Gulf and North Africa, starting in January.
Waaree Solar Americas has signed a binding term sheet to invest $30 million in Oman-based United Solar Holding (United Solar) through Series B preferred shares, alongside a long-term polysilicon offtake agreement to support Waaree’s global solar manufacturing operations, and in particular US operations.
KKR, a leading global investment firm, has announced a strategic financing transaction with ACWA Power, the world’s largest private water desalination company, a leader in energy transition and a first mover in green hydrogen.
Lamprell secured four Engineering, Procurement, Construction and Installation (EPCI) contracts in 2025, advancing its Saudi Arabia operations. The projects encompass new platform installations, subsea structures, pipelines, and cables, along with platform and infrastructure upgrades.
Yusuf Bin Ahmed Kanoo Group, one of the region's largest independent family-owned multinational businesses headquartered in Bahrain, has announced the appointment of its new Board of Directors under the chairmanship of Fawzi Ahmed Kanoo.
Bahrain Ship Repairing & Engineering Company (Basrec) has signed up Lumofy, an AI-powered talent development and competency management platform, in bid to help build a future-ready workforce and enhance operational excellence across all divisions.
