Construction & Real Estate

Engie secures financial close for two Oman CCGT power plants

French energy giant Engie has announced the financial close for Barka 3 and Sohar 2 - two key combined cycle gas turbine (CCGT) power plants located in Oman. The refinancing follows 15-year extensions of both plants’ power purchase agreements (PPAs) earlier this year, which secure their operations until 2043. ...

Construction & Real Estate

Saudi Contractors Authority seeks French expertise to boost construction sector

Saudi Arabia's Contractors Authority (SCA) is seeking to strengthen partnerships with leading French construction companies and gain access to advanced building technologies as part of its efforts to boost the competitiveness of the kingdom's contracting sector, said a report. ...

Construction & Real Estate

Suez snaps up $2.3bn Oman water assets operation, maintenance deal

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. ...

Construction & Real Estate

Azizi hands over 667 residences at flagship Dubai waterfront community

UAE-based Azizi Developments said it has achieved a key milestone with the simultaneous handover of its prime projects - Riviera 69 and Beachfront I - featuring a total of 667 residences within its flagship French Mediterranean-inspired waterfront community Azizi Riviera in MBR City, Dubai. ...

Construction & Real Estate

Saur, Ashghal in deal for operational phase of Qatar wastewater services

French water management specialist Saur International has entered into strategic partnership framework with Qatar’s Public Works Authority (Ashghal) for the operational phase of wastewater services in the country following the successful completion of mobilisation and transition activities. ...

Construction & Real Estate

Saur lands Doha city wastewater projects O&M contract

French water services group Saur has announced that it has secured a major wastewater operations and maintenance contract in Qatar, thus marking a significant milestone in its continued expansion across the Middle East. ...