Saudi Steel Pipe Company has announced that it has sealed a major contract with Saudi oil giant Aramco to supply steel pipes for its oil and gas projects. The entire work will be completed within a one-year period.
Meraas, a member of Dubai Holding Real Estate, has awarded a contract valued at nearly AED1 billion ($272.3 million) for the construction of 272 new villas and townhouses in Phase 7 of the Nad Al Sheba Gardens residential development. The project is set for completion in Q2 2028.
Dubai developer Nakheel has awarded the main construction contract worth over AED800 million ($218 million) to Metac General Contracting for key phases of Bay Grove Residences on Dubai Islands. The deal covers the construction of 537 one- to four-bed homes across seven buildings.
Saudi authorities have announced the signing of a key investment contract with Unigaz Arabia for the development of an integrated gas storage, filling and distribution plant coming up on a 200,000-sq-m site in the kingdom's Hail region, said a report.
Qatar-based Estithmar Holding said one of its key units has secured a SAR829 million ($221 million) mechanical package for the Prince Mohammed Bin Salman Stadium in Qiddiya City, a flagship Saudi giga-project and a designated venue for FIFA World Cup 2034. The scope of work includes building management system and HVAC services.
Spanish water company Aqualia has secured a three-year contract renewal from National Shipping Company of Saudi Arabia (Bahri) for the operation and maintenance of three floating desalination plants in Yanbu with a combined capacity of 150,000 cu m of drinking water per day.
Emirates Central Cooling Systems Corporation (Empower) has recorded solid results for the first half of 2026 with a 16.2% jump in its net profit, while its revenue rose to AED1.52 billion ($413 million) mainly driven by the growing demand for cooling services across Dubai.
India's top engineering and construction conglomerate Larsen and Toubro (L&T) has announced that its key subsidiary L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured an ultra-mega order - valued at over Rs150 billion ($1.57 billion) - from ADNOC Offshore for development of multiple offshore facilities.
Saudi-based Arabian Drilling has announced that it has signed a contract with a new client in the GCC, thus marking its entry into a new Gulf market. The deal follows the early completion of its first international offshore drilling contract and the redeployment of the jack-up rig to another GCC country.
UAE-based Tomorrow World Properties has officially appointed SKR Building and Contracting (SKR) as the main contractor for its new premium development, Tomorrow 166, located on Dubai Islands. The construction work is officially underway, with handover set for Q4 2027.
