Fives Group, a global leader in industrial engineering, has signed a lease for nearly 30,000 sq ft of workshop space at Metal Park's state-of-the-art facility in KEZAD, Abu Dhabi. This move marks a key milestone in the…
Al Masaood Energy is producing third-generation solar systems in the UAE, with a strong focus on reducing carbon emissions in the oil and gas sector. The system is 80pct locally sourced, with key steel components…
NMDC Energy PJSC, a leading provider of EPC (engineering, procurement, and construction) services for offshore and onshore energy sectors, has signed a Memorandum of Understanding (MoU) with Shanghai Hilong Shine New…
Meraas, part of Dubai Holding Real Estate, has awarded a contract worth over USD 188 mln to Bhatia General Contracting Co. for the development of phase four of the Nad Al Sheba Gardens gated community in Dubai…
EMSTEEL, one of the region's largest publicly traded steel and building materials manufacturers, has signed a memorandum of understanding with Aldar to supply hydrogen-based steel rebar, marking a regional first in…
NMDC LTS, a logistics and technical services arm of the NMDC Group, has signed a Memorandum of Understanding with Jiangsu Huaying Valves Co. Ltd to explore a joint venture aimed at establishing a valve assembly and…
Lamprell has signed a Memorandum of Understanding (MoU) with Dong Fang Offshore (DFO) to collaborate on a newbuild NG-9000X wind turbine installation and maintenance vessel. The vessel will support offshore wind…
UAE-based EMSTEEL, one of the region's leading publicly traded steel and building materials manufacturers, has announced its financial results for Q1 2025. The group reported revenue of AED 2.155 bln, up slightly from…
EMSTEEL has introduced its first green finance framework, aligning its financial strategy with long-term sustainability and decarbonisation goals. This initiative positions EMSTEEL as a regional leader in sustainable…
More contracts will be awarded this year as work on Al Maktoum International Airport (AMIA) expansion gathers pace. Contracts have been awarded for the site enabling works and the construction of the second runway at Al…
DMCC, Dubai's leading international business district, has announced the appointment of Ali & Sons Contracting Company as the main contractor for the second phase of the Uptown Dubai development. The contract follows…
UAE-based luxury real estate developer Omniyat has awarded the main construction contract for its flagship projects, Vela and Vela Viento, to Arabian Construction Company (ACC Group). Both developments are located in…
EMSTEEL, the UAE's leading steel and building materials manufacturer, has announced that Saeed Al Ghafri, CEO of its steel division, Emirates Steel, will step down after 19 years with the company. He will continue in…
UAE-based offshore fabricator Lamprell has appointed Ahmed Alaredhi and Philippe Barril as non-executive directors to its board, the company announced. The appointments will enhance the board's expertise in…
Majid Al Futtaim has appointed United Engineering Construction Company - Dubai (UNEC) as the main contractor for Plagette 32 and Amara, two residential projects within the Tilal Al Ghaf community in Dubai. The USD 200…
Emirates Steel, a subsidiary of the EMSTEEL Group, has announced that rebar prices for May production will remain unchanged for the fourth consecutive month. The company has set the rebar price at AED 2,660 (USD 724)…
Al Gharbia Pipe Company (AGPC), an Abu Dhabi-based manufacturer of longitudinally submerged arc welded (LSAW) steel pipes, has reached a significant production milestone of 500,000 tons at its facility in Khalifa…
UAE-based offshore fabricator Lamprell has announced the renewal of its long-term agreement (LTA) with Aramco, extending their strategic partnership that began in 2018. The LTA framework allows selected international…
The UAE and the EU have agreed to begin negotiations on a potential trade deal, announced UAE President Sheikh Mohamed bin Zayed Al Nahyan. In a separate statement, the EU confirmed that European Commission President…
Dubai Municipality has awarded contracts worth over USD 391 mln for four key projects under the Tasreef initiative to develop, upgrade, and expand the city's stormwater drainage network. These projects aim to provide…