ALEC Holdings, a leading diversified engineering and construction group operating in the UAE and KSA, has announced that its subsidiary Target Engineering Construction Company – SP, has secured three major contracts worth a total of over $500 million in the Gulf.
Magna AI, a global integrated-value-chain sovereign AI transformation leader, today announced a strategic collaboration with Emaar Executive Company (EEC), a Saudi-based company specialising in data centre construction, engineering, procurement and construction (EPC), systems integration, and infrastructure services.
Shandong Electric Power Construction Third Engineering Company (SepcoIII) has achieved a major construction milestone on the 600MW Al Ghat Wind Farm EPC Project in Saudi Arabia, with all 80 wind turbine generators connected to the national grid and commencing power generation.
Leading Spanish group Técnicas Reunidas has announced that it has secured two major contracts from a national oil company in the Middle East region to provide engineering, procurement, and construction (EPC) services for upstream oil and gas production facilities.
Saipem has announced that its joint venture with Nasser Saeed Al Hajri has secured a key engineering, procurement and construction services contract worth €900 million ($1.03 billion) for the Uthmaniyah Gas Compression Plant in the Kingdom of Saudi Arabia. The entire work will be completed within 42 months.
South Korea's Doosan Enerbility has announced that it had signed a contract worth KRW837 billion ($556 million) for the second phase of the Jafurah Combined Heat and Power Plant in Saudi Arabia in partnership with Korea Electric Power Corp (Kepco) and Saudi oil giant Aramco.
UAE-based Trojan Construction Holding has joined hands with Orascom Construction for the establishment of a new company - Everwater for Treatment Systems - headquartered in Abu Dhabi dedicated to delivering EPC and O&M services for large-scale water infrastructure projects across the region.
Qatar General Electricity and Water Corporation (Kahramaa) has invited bids for a major 2026 expansion of the country’s power transmission system. The project scope covers an EPC contract for new substations across multiple voltage levels - from 132/11kV to 400kV capacity.
Hassan Allam, one of the largest engineering and construction companies in the MENA region, has agreed to acquire MetiPro, the engineering, procurement, and construction arm of Metito group.
Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has signed a contract with the Kuwait's Ministry of Electricity and Water and Renewable Energy for a major power infrastructure project worth KD57.2 million ($186.4 million).
