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KBR wins Feed contract for ammonia plant in IraqGlobal engineering company KBR has announced that it has secured a front-end engineering design (FEED) contract from KAR Electrical Power Production Trading (KEPPT) for an ammonia and urea production plant located in Iraqi city of Basra. On completion, t More… |
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Shell Catalysts, Technip Energies forge global alliance agreementShell Catalysts & Technologies and Technip Energies have signed their global alliance agreement to work exclusively together to deliver a post-combustion amine-based carbon capture solution using Shell’s Cansolv CO₂ Capture System. The alliance More… |
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Global hotel pipeline robust in Q2, Mideast and Africa lag behindThe global hotel development activity increased across most regions during the second quarter, with notable gains in Asia Pacific and Europe, according to new data from real estate analytics firm CoStar. However, the Middle East and Africa lagged behind. The M More… |
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Johnson Controls–Hitachi win Egypt high-speed rail contractJohnson Controls–Hitachi Air Conditioning Middle East and Africa, in partnership with Elsewedy Machinery, has been awarded a major HVAC contract for Egypt’s flagship High-Speed Rail (HSR) project - a national infrastructure milestone that links major cities and ports and sets new More… |
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Dubai South launches multiuser facilities to boost logistics growthDubai South, the largest single-urban master development focusing on aviation, logistics, and real estate, has announced the launch of state-of-the-art multiuser facilities at the Logistics District. Spanning a built-up area of 215,278 sq. ft., the new f More… |
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Vinci in deal to acquire German industrial group Wärtsilä SAMVinci Group, a world leader in concessions, energy solutions and construction sector, has announced that one of its key units, Vinci Energies, has signed an agreement to acquire Wärtsilä SAM Electronics GmbH, a company based in Hamburg in Germany. More… |
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DP World in deal to explore autonomous magnetic rail freight in IndiaDP World has announced that it signed an agreement with India's Deendayal Port Authority (DPA) and Polish transportation start-up Nevomo to explore potential opportunities for cooperation in the development and implementation of a pilot project using Nevomo’s MagRail proprietary tec More… |
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Hikma, IFC sign $250m deal for Mena medicine accessHikma Pharmaceuticals (Hikma), a multinational pharmaceutical company, and the International Finance Corporation (IFC), a member of the World Bank Group, have signed a $250 million six-year financing agreement focused on expanding access to medicines to support Hikma’s operations More… |
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Emirates NBD closes $1bn finance deal for Dubai Metro Blue Line projectEmirates NBD has concluded AED3.9 billion ($1.06 billion) Syndicated Bonding Facilities to a consortium created by MAPA, LIMAK and CRRC that will deliver the new Dubai Metro ‘Blue Line’ Project. Dubai Road and Transport Authority (RTA) awarded a co More… |
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Emirates Gas signs MoU with UAQ Free Trade Zone AuthorityEmirates Gas, a wholly owned subsidiary of ENOC Group, has signed a Memorandum of Understanding (MoU) with the Umm Al Quwain Free Trade Zone Authority (UAQ FTZ), one of the leading and most cost-effective free zones in the UAE, to provide comprehensive gas solutions to its customers based in More… |
