Kuwait-based Mechanical Engineering and Contracting Company (MECC) has emerged as the lowest bidder for three major power infrastructure projects being developed by Kuwait Oil Company (KOC) at a total investment of KD132.28 million ($427 million).
French utility Suez has secured a €2 billion ($2.3 billion) contract, its largest in the Middle East region, from Oman's Nama Water Services Company for the operation and maintenance of its water and wastewater assets in capital Muscat under a 15-year performance-based agreement.
Total global air cargo demand, measured in cargo tonne-kilometres (CTK), increased by 6.0% in May this year, compared to May 2025 levels (6.5% for international operations), according to International Air Transport Association (IATA) data.
Abu Dhabi National Oil Company said its key unit XRG and top Italian petroleum company Eni have signed separate agreements with Argentina's state-controlled energy company YPF to acquire 32% stakes each in three upstream gas blocks in the Vaca Muerta shale formation.
Honeywell Technologies has completed the previously announced spin-off of its Aerospace Technologies business, which now operates as Honeywell Aerospace.
Adnoc Logistics & Services (Adnoc L&S) raised its full-year 2026 financial guidance following stronger second-quarter performance, driven by its Shipping segment and improved Integrated Logistics Services Platform (ILSP) material handling volumes.
AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, and Emirates Global Aluminium (EGA), the largest premium aluminium producer in the world, have signed an agreement to enhance EGA’s dedicated berth at Khalifa Port.
Schneider Electric, a global energy technology leader, has been named the “World’s Most Sustainable Company 2026” by TIME Magazine and Statista for the third consecutive year.
EMSTEEL Group, one of the region’s largest steel and building materials manufacturers, has signed a collaboration agreement with the Technology Innovation Institute (TII) of Abu Dhabi to advance high-strength reinforcement solutions designed to enhance the protection and resilience of the UAE’s critical infrastructure.
India-based Likhitha Infrastructure has announced that it has won a major international contract from China Petroleum Engineering and Construction Corporation for the execution of Pipeline Package-1 (ASAB) in Abu Dhabi. The entire work will be completed within a period of 21 months.
