Indian construction and engineering conglomerate Larsen and Toubro (L&T) has secured a major contract worth KD303.5 million ($992 million) from Kuwait Oil Company for the construction of export crude storage facilities as well as providing key upgrades to its key energy infrastructure.
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.
O-Green, a green infrastructure platform jointly owned by Naqaa Sustainable Energy and OQ Alternative Energy, said it has achieved the financial close for the largest solar energy project in Oman. The landmark 93MW solar project is being developed in partnership with Madayn at Sohar Industrial City.
Dammam Airports has awarded a series of agreements worth SAR1.2 billion ($317 million) in bid to boost the infrastructure and operational capabilities at King Fahd International Airport. A major portion of the deals covers the construction of a new power station and medium-voltage electrical distribution network.
Ladun Investment Company has secured SAR2.39 billion ($637 million) contracts to carry out infrastructure development work at Al Qirawan and Al Narjis districts as well as the Namar real estate development - in the Saudi capital. They will be executed in consortium with Al Ayuni Investment and Contracting.
Ladun Investment Company, in consortium with Al Ayuni Investment and Contracting Company, has secured a major infrastructure development contract valued at SAR326.7 million ($87.08 million), according to a Saudi Stock Exchange (Tadawul) filing.
Dubai’s Roads and Transport Authority (RTA) has announced that the advanced maintenance and comprehensive rehabilitation works on Dubai Metro’s tunnel infrastructure have been fully completed. This comes as part of RTA’s ongoing efforts to enhance operational safety and ensure operational excellence.
R&M, a leading developer and provider of high-end infrastructure solutions for data and communications networks based in Switzerland, is expanding its portfolio for outdoor fiber optic cabling on the basis of HEC-QR connectivity. The small-format pre-terminated Lunar fiber optic distribution box is a new addition to the range.
Webuild, a global leader in the design and construction sector, has announced that it has successfully completed the work on the Western station of Riyadh Metro network. With the bringing into service of this station, the entire line of the Italian builder's 22-station network on the Orange line is officially complete.
Omantel has announced the launch of its AI Centre of Excellence, an integrated platform designed to accelerate the adoption of advanced artificial intelligence technologies and support the transformation of promising ideas and applications into scalable digital products across multiple sectors.
