Tecnimont, a leading global contractor for highly complex plants, has joined hands with ADNOC Gas for the groundbreaking of its $4.3 billion Rich Gas Development Phase 3 Project in Abu Dhabi. Once completed in 2030, the plant will reach an output capacity of 8 million tonnes per year.
Batelco by Beyon, a leading provider of innovative telecommunications and digital services that empower people and enable businesses, has signed a partnership with Procural, a Bahrain-based e-procurement platform, to accelerate the digital transformation of its procurement operations.
BRKZ, a leading Saudi-based technology-enabled building materials procurement platform, has announced that it has secured $31 million in new capital to fuel its next phase of growth, including advancing its AI-powered pricing and fulfillment engine and rolling out embedded financing solutions for its network of contractors and suppliers.
Samsung E&A has secured a major engineering, procurement and construction services contract worth $3.46 billion from Sabic Agri-Nutrients Company (formerly Saudi Arabian Fertilizer Company - Safco) for its integrated industrial complex. The project commissioning is targeted for Q3 2030.
Sumea, a Dubai-based sourcing, procurement and supply chain group, has opened its 12,000-sq-m global trade hub - SumeaWorld - in Jebel Ali Free Zone. With this move, Sumea is building an integrated ecosystem connecting manufacturers, brands and markets worldwide.
Indian engineering and construction conglomerate Larsen and Toubro said its subsidiary L&T Energy Hydrocarbon Offshore has secured an ultra-mega order, valued at over Rs150 billion ($1.57 billion) - from a major client in the Middle East for the development of multiple offshore facilities.
Abu Dhabi National Oil Company's six listed firms - ADNOC Distribution, Borouge, Fertiglobe and ADNOC Drilling as well as its gas and logistics units - reported a combined revenue of $25.3 billion in H1 with big investments and project awards likely to support growth across the portfolio.
Fluor Corporation, a leading provider of engineering, procurement, construction and maintenance services, has announced that it has been selected by Saudi oil giant Aramco as a programme management consultancy (PMC) contractor to support its global capital projects portfolio.
Leading Chinese group Shanxi Installation Company has secured a contract worth RMB1.5 billion ($222 million) to provide engineering, procurement and construction (EPC) services for the 500MW Al Kamil I Solar Independent Power Project (IPP) in Oman.
The UAE sealed hundreds of billions of dirhams in industrial deals, investments, and commitments this week at Make it in the Emirates 2026 — the fifth and largest edition of the country’s flagship industrial platform — closing a week that demonstrated the UAE is 'built to keep building'.
