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Nesma & Partners buys Saudi group Al Yusr Industrial ContractingNesma & Partners, a leading integrated projects solutions company in Saudi Arabia, has announced the successful completion of its acquisition of Al Yusr Industrial Contracting Company (AYTB), a prominent provider of industrial services in the kingdom. This More… |
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Alba launches summer safety and health campaignAluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, today (July 14) kicked off its 2025 Summer Safety & Health (S&H) Campaign, a key part of its ongoing commitment to cultivating a world-class safety culture for its workforce. More… |
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Mubadala in deal to buy top German property tech group for $7.8bnMubadala Investment Company, the Abu Dhabi-based investment company, alongside Partners Group, one of the largest firms in the global private markets industry, GIC, a leading global investor, and TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing More… |
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Enova, Schneider Electric join forces to advance GCC energy solutionsEnova, a premier provider of integrated energy and multi-technical solutions, has entered a strategic collaboration with Schneider Electric, a global leader in the digital transformation of energy management and automation, to advance energy solutions in the Gulf. More… |
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Saudi Electricity Company awards $906m power project contractsSaudi Electricity Company (SEC) has awarded the contracts worth $906 million for the construction of two 380kV bulk supply point (BSP) substation units at Afif in the central region of Saudi Arabia along with three overhead transmission line (OHTL) projects. More… |
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Saudi PIF-backed Helicopter Co seals key credit facility dealThe Helicopter Company (THC), a key Saudi commercial helicopter services group fully owned by the kingdom's sovereign wealth fund PIF, has signed a SAR600 million ($160 million) Islamic credit facility agreement with Arab National Bank (anb). This financin More… |
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Alba wins EcoVadis Platinum Rating for second yearAluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has announced that it has secured the esteemed EcoVadis Platinum Rating certification for a second time. The EcoVadis Sustainability Rating assesses organisations across f More… |
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Acwa Power group signs deals for $8.3bn Saudi renewables projectsSaudi Principal Buyer has announced that it has signed power purchase agreements with a consortium led by Saudi utility major Acwa Power for seven new renewable energy projects worth a total of SAR31 billion ($8.3 billion). These deals fall within the National More… |
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Bahrain plugs into global data highway via 2Africa Pearls CableSaudi telecom group stc has announced that the 2Africa cable system - Pearls, the world’s longest submarine cable, has successfully landed in Bahrain. This massive $205 million lift up in global connectivity toward Bahrain will reinforce the kingdom as a powerful ICT hub. & More… |
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Sharaf DG opens its largest outlet in Abu DhabiSharaf DG, the region’s leading consumer electronics retailer, has announced the opening of its largest store at Reem Mall in Abu Dhabi. This is its 22nd store in the UAE and 7th in the Abu Dhabi region, joining existing locations at Abu Dhabi Mall More… |
