Friday 19 December 2014
 
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contracts

Qatar awards $4.2bn new port contracts

Qatar has awarded construction contracts worth a total of $4.22 billion for its New Port project, located south of Doha, which is expected to be completed by 2020, said a report. One of the largest infrastructure projects,the New Port p

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GCC infrastructure contract awards to top $45bn in 2014

Infrastructure contracts worth more than $45 billion will be awarded in the GCC by the end of the year, double the value of contracts ($22.6 billion) given in 2012, said a report. The lion's share of the contracts will focus o

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Kuwait's project contracts to hit $38bn by year-end

The Kuwait government had awarded more than KD6 billion ($20.7 billion) worth of contracts by the end of August, almost twice as much as last year, making the country’s projects market among the fastest growing in the region, said a report

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Iran aims to tempt Western firms with new oil contracts soon

Iran's new development contracts will be finalised soon and presented to the cabinet for approval, its oil minister said, a sign that Tehran is pushing ahead with effort to lure foreign investors once sanctions are lifted.

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Transguard nets $38m construction contracts

Transguard Group, an Emirates Group company, said it has won a raft of new construction contracts worth more than Dh140 million ($38.11 million), thanks to a new corporate structure incorporated recently. The multidisciplinary gro

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Siemens wins key SEC deals

German technology giant Siemens has inked two contracts with Saudi Electricity Company for the construction of static var compensators (SVCs) at several substations in Saudi Arabia. Siemens, a global powerhouse which innovates the

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Siemens wins key SEC deals

German technology giant Siemens has inked two contracts with Saudi Electricity Company for the construction of static var compensators (SVCs) at several substations in Saudi Arabia. Siemens, a global powerhouse which innovates the

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Saudi awards $33bn project contracts in H1

The value of contracts awarded in Saudi Arabia during the first half of this year hit SR124.6 billion ($33.2 billion), up 21 per cent over SR102.7 billion during the same period in 2013, according to a report. The kingdom recorded

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$78m Saudi industrial cities contracts awarded

The Royal Commission for Jubail and Yanbu has awarded two contracts amounting to SR293 million ($78.11 million) related to key projects in the industrial cities of Ras Al-Khair and Jubail. The contracts were signed by Prince Saud

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$78m Saudi industrial cities contracts awarded

The Royal Commission for Jubail and Yanbu has awarded two contracts amounting to SR293 million ($78.11 million) related to key projects in the industrial cities of Ras Al-Khair and Jubail. The contracts were signed by Prince Saud

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