Kuwait Oil Company (KOC) said it has awarded 129 contracts worth about KD2.2 billion ($7.2 billion) during the first half of 2026 as it stepped up investments to expand oil production capacity, strengthen drilling and exploration activities as well as modernise oilfield infrastructure.
Saudi Arabia is stepping up efforts to drive sustainable development in the Jazan region, with authorities overseeing 38 strategic projects aimed at upgrading infrastructure, attracting investment and supporting long-term economic growth under the kingdom's Vision 2030 agenda.
Saudi Arabia's King Salman International Airport Development Company (KSIADC) is preparing to tender two new infrastructure contracts for King Salman airport in Riyadh after completing the contractor prequalification stage. It aims to accommodate up to 120 million passengers by 2030, said a report.
Business activity across the Saudi construction sector gained considerable momentum in June, supported by stronger performances across residential, non-residential structures (office/commercial, institutional, industrial) as well as infrastructure (transportation, energy/utilities), said a report.
Parsons Corporation said it has secured a three-year contract to provide construction management as well as construction supervision services for the Lusail City Infrastructure Program, a master-planned development north of Doha, Qatar.
Saudi developer Emaar, The Economic City has announced that it has awarded an infrastructure construction contract worth SAR547.4 million ($146 million) to Nesma & Partners for key projects within the Special Economic Zone in the Industrial Valley of King Abdullah Economic City (KAEC).
Abu Dhabi has launched a Cooling Load Manual aimed at improving energy efficiency in buildings by enhancing the accuracy of cooling system design, a move expected to reduce equipment and infrastructure costs, electricity consumption and operating expenses.
Knowledge Economic City has announced that one of its key subsidiaries Algharraa International Real Estate has awarded an infrastructure works contract to Salco Saudi Contracting for the Southeastern District project coming up within its premises in Madinah.
The Royal Commission for Riyadh City (RCRC) said it had completed the master plan for Northeast Riyadh, laying out the framework for the development of a 456-sq-km area earmarked for future infrastructure, housing and commercial investment.
Dewa International, the overseas investment arm of Dubai Electricity and Water Authority, is pursuing global growth through new tie-ups with international financial and infrastructure investors. Its senior leadership held a meeting with ING and Actis in London to explore opportunities in power and water projects.
