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Oman breaks ground on Masirah Grid Connection projectOman Electricity Transmission Company today (February 9) celebrated the groundbreaking of the first- of-its-kind Masirah Island Interconnection Project. The project aims to enhance development and ensure continuous improvement in the electricity transmission s More… |
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Alat, Lenovo break ground on major new Riyadh factoryAlat, an innovative company focused on creating a world-class manufacturing hub in Saudi Arabia, and Lenovo, a global technology powerhouse, today celebrated breaking ground at the new manufacturing base in Riyadh. The factory will be constructed on a 200,000 More… |
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Trump tariff may push aluminium buyers towards Mideast, IndiaThe metal companies in the United States and those importing metals for their product manufacturing are likely to turn to the Middle East and India for aluminium supplies as they seek to bypass the extensive tariffs imposed by President Donald Trump, reported Reuters citing industry More… |
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$2.4bn financing for Wynn Al Marjan Island completedWynn Resorts Limited (WYNN) has announced that Wynn Al Marjan Island has obtained a $2.4 billion construction facility with a global syndicate of lenders to finance the development of Wynn Al Marjan Island, the first integrated resort in the UAE. Wynn Al Marja More… |
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Earth Movers International wins Fujairah asphalt road contractFujairah Natural Resources Corporation (FNRC) has awarded the contract for the construction of a new asphalt road to Earth Movers International, in a strategic move aimed at enhancing the infrastructure and connectivity of the Al Tawyeen region. This crucial p More… |
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Diriyah spearheads $63.2-bn transformation of ancient cityCharged with revitalising Saudi Arabia’s historic birthplace in Riyadh, Diriyah Company is driving forward its $63.2-billion transformation. This year promises major milestones, with new details expected on the recently announced Boulevard District – a dynamic cultural hotspot env More… |
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Work on $381m Sheikh Rashid Housing Project on trackWork is moving at a steady pace on the AED1.4 billion ($381 million) Sheikh Rashid Al Maktoum Housing Project in Dubai, featuring 672 villas in addition to key amenities including endowment markets, a mosque, a public park, and service facilities designed to meet the needs of Emirati families More… |
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SEC in deal with Hitachi Energy to adopt eco-friendly technologySaudi Electricity Company (SEC) has announced that it has signed a MoU with Hitachi Energy to adopt advanced technology for electrical switches and circuit breakers that are free from sulfur hexafluoride (SF6), a greenhouse gas. The partnership is an extension More… |
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Hafeet Rail signs major deals for facilities, wagons in OmanHafeet Rail, the planned Oman-UAE railway, has awarded the construction contracts for its key railway facilities in Oman to Larsen & Toubro (L&T) and Power China, while the China Railway Rolling Stock Corporation (CRRC) has been More… |
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Emsteel seals Oman raw material logistics agreementEmsteel, one of the largest publicly traded steel and building materials manufacturers in the region, has forged strategic partnerships to pioneer streamlined raw material transport and cross-border rail connectivity in the GCC, while fostering economic collaboration between the UAE and Oman. More… |
