NMDC Energy, in partnership with Technip Energies and JGC Corporation, have been awarded a contract worth USD 5.5 bln by Adnoc for the engineering, procurement and construction (EPC) of the lower-carbon Ruwais LNG…
Turkish steel exports to the Gulf Cooperation Council (GCC) countries showed varying trends in H1 2023. The total Turkish steel exports to the region amounted to 73,859 tons during this period. in June, there was a…
The National Petroleum Construction Company PJSC, a subsidiary wholly owned by the National Marine Dredging Company PJSC, has been granted a letter of award by Adnoc Offshore. The award is for the Engineering…
Emirates Steel Arkan has reportedly withdrawn from its potential investment in Thyssenkrupp AG's steel arm, delivering another setback to the German conglomerate's plans to divest the struggling operations, as per a…
Dubai-listed Deyaar Development has begun work on combining three plots in Al Furjan, which will house three projects worth USD 82 mln. The projects will house nearly 371 residential and hotel apartment units, the…
Khalifa Economic Zones Abu Dhabi (KEZAD) Group and Al Jazeera Steel Products have begun the construction of a new rolling mill in Abu Dhabi, with an investment of AED 250 million (USD 68 mln). Spanning an expansive area…
UAE’s Emirates Steel Arkan (ESA) has announced that it will keep rebar prices unchanged for August production. The company will continue offering rebar at AED 2,450 (USD 667) per ton CPT Abu Dhabi and AED 2,458 (USD…
Robt Stone, one of the leading EPC contractors in UAE, said it has secured a major contract from a unit of Abu Dhabi National Oil Company (Adnoc) to provide engineering, procurement and construction services for its…
Conares, the UAE's second-largest private steel manufacturer, has recently forged a significant partnership with C&D, a Fortune Global 500 company specializing in supply chain operation services and real estate…
Emirates Steel Arkan, AD Ports Group, Itochu Corporation, and JFE Steel have inked a non-binding Memorandum of Understanding (MoU) to collaborate on the development of an integrated low-carbon iron supply chain complex…
Taraf, a key UAE property developer, has awarded the enabling works contract to Asasat Aldhafra APCC Building Contracting for its residential development, Luce, located along the Palm Jumeirah in Dubai. The project…
A new residential development valued at USD 2.18 bln, located north-east of Yas Island in Abu Dhabi, is launched by HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu…
India and the United Arab Emirates (UAE) have entered into agreements aimed at enhancing trade settlement in national currencies and establishing a real-time link for cross-border transactions. The move is expected to…
Emirates Steel Arkan, a leading publicly traded manufacturer of steel and building materials in the region, and Al Jazeera Steel Product Company, a major steel producer in Oman, have signed a Memorandum of Understanding…
EWEC (Emirates Water and Electricity Company), the Abu Dhabi-based off-taker for water and power projects, announced that it plans to award the 1,500-megawatt-ac (MWac), Al Ajban Solar Photovoltaic (PV) Independent…
Emirates Water and Electricity Company (Ewec) has issued a Request for Proposals (RFP) to qualified developers and developer consortiums interested in developing the new Abu Dhabi Islands Reverse Osmosis independent…
Petrofac, a renowned international service provider in the energy industry, has been chosen by Adnoc Gas Processing, a subsidiary of the Abu Dhabi National Oil Company (Adnoc), to undertake a significant Engineering…
The Roads and Transport Authority (RTA) has awarded the contract for Garn Al Sabkha - Street Sheikh Mohamed Bin Zayed Road Intersection Improvement Project, being developed at an investment of USD 102 mln. The scope of…
Turkish steel exports to the GCC region experienced a mixed performance in May 2023. While Turkish steel exports to Saudi Arabia declined, there was a notable increase in exports to the UAE and Qatar. In May 2023, the…
Eversendai Offshore RMC FZE, a subsidiary of Malaysian company Eversendai Corp, has entered into a strategic collaboration agreement with Abu Dhabi National Oil Co (Adnoc) for the fabrication of onshore and offshore…