Siemens has signed an agreement to acquire New Delhi-based C&S Electric Ltd., a leading provider of electrical and electronic equipment, for ₹2,100 crore. The move will strengthen Siemens’ position as a key... Full Story
RPG Group Company KEC International has bagged new orders of ₹1,255 crore across its Transmission & Distribution, railways, civil and ...... Full Story
The Adani Group aims to become the world’s largest solar power company by 2025 and the biggest renewable energy ...... Full Story
Samana Developers has announced the appointment of Atcon Construction for its second project - the AED100 million ($27.2 million) Samana Hills, located in Arjan, close... Full Story
Jumeirah, the leading hotels and leisure group in the Middle East, is planning big developments in Saudi Arabia’s “mega-projects,” CEO Jose Silva told Arab News... Full Story
Abu Dhabi Fund for Development (ADFD) has confirmed the allocation of approximately $105 million for eight renewable energy projects under the seventh cycle of its... Full Story
Mohamed Al Zaabi, CEO of Miral Asset Management, has refused to rule out adding further theme parks to Abu Dhabi’s Yas Island.
Miral was set... Full Story
The third phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world based on the independent power... Full Story
Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Abu Dhabi National Oil Company (ADNOC) Group CEO, and Eni’s CEO, Claudio Descalzi, signed a... Full Story
In line with its commitment to promote long-term sustainability and green initiatives, the Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced today... Full Story
The Middle East is expected to contribute 17% of global new-build trunk/transmission petroleum products pipeline length additions by 2023, says GlobalData.
The company’s latest report,... Full Story
Bahrain is to start construction on a new international exhibition and convention centre, which is due to be completed in two years’ time, it was... Full Story
A British company has won a contract to build three hospitals in Oman, backed by over £500 million ($658 million) worth of support from UK... Full Story
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