Construction & Real Estate

Top Italian energy transition expo KEY ends on successful note

KEY - The Energy Transition Expo, the Italian Exhibition Group's event of reference in Europe, Africa and Mediterranean basin on energy transition, ended on a successful note after three days of great exhibits, meetings, discussions and dialogues to map the new direction of the global energy future. ...

Construction & Real Estate

Saudi utility major Acwa names new CEO

Acwa, the world’s largest private water desalination company, has appointed Dr. Samir J. Serhan as its new Chief Executive Officer. An industry veteran, he brings more than three decades of global leadership experience across large-scale industrial and infrastructure organisations to the new role. ...

Construction & Real Estate

$15 trillion infrastructure gap to boost role of PPPs, says report

Global infrastructure faces a $15 trillion financing shortfall by 2040, driving increased reliance on public-private partnerships to fund projects ranging from energy transition to digital connectivity, as fiscal space tightens and investment needs rise, said a new report. ...

Construction & Real Estate

Kuwait Petroleum signs deal for power, steam co-generation project

Kuwait Petroleum Corporation (KPC) said it has signed a strategic agreement to explore the development of a power and steam co-generation plant in the country's Ratqa area, in a move aimed at improving efficiency across Kuwait’s oil and power sectors....

Construction & Real Estate

NMDC secures dredging, reclamation works contract in Abu Dhabi

NMDC Group, an integrated energy, marine services and EPC specialist in the Mena region, has announced that its business unit has secured a contract from the Department of Municipalities and Transport (DMT) for the execution of dredging and reclamation works in Abu Dhabi. ...

Construction & Real Estate

Sustainability Forum Middle East ends on successful note

Sustainability Forum Middle East (SFME) concluded its fourth edition on a successful note in Bahrain following two days of high-level dialogue on energy transition, sustainable finance, and long-term competitiveness and climate transformation featuring more than 650 regional and global leaders. ...

Construction & Real Estate

NMDC unit buys 51% stake in Spanish water specialist Lantania Aguas

NMDC Group, an integrated energy, marine services and EPC major, said one of its key subsidiaries, NMDC Infra, has signed a strategic agreement to acquire 51% stake in Spanish group Lantania Aguas, a specialist in desalination, water treatment and purification projects. ...

Construction & Real Estate

DEWA to organise WETEX exhibition in October

Dubai Electricity and Water Authority (DEWA) will organise the 28th edition of the Water, Energy, Technology and Environment Exhibition (WETEX), under the patronage of Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy in October....

Construction & Real Estate

Middle East to attract over $100bn in energy, renewables investment by 2026

The Middle East is on track to attracting more than $100 billion annually in strategic capital expenditure by 2026, spread across oil and gas, renewable energy, healthcare, digital infrastructure and manufacturing, said a report. The Middle East’s oil and gas sector remains a market anchor. ...

Construction & Real Estate

Work on strategic energy, water projects in Al Ain region on track

Work on strategic energy and water projects in Al Ain region is progressing on schedule, according to the Department of Energy - Abu Dhabi (DoE). These projects are aimed at supporting population growth and resource sustainability in the region....

Construction & Real Estate

TAQA launches major building retrofit project at ICAD Residential City

Abu Dhabi National Energy Company (Taqa) said one of its units has signed an agreement with Sdeira Group, a subsidiary of AD Ports Group, to implement a key building retrofit project aimed at boosting energy and water efficiency at Aryam ICAD Residential City in Mussafah. ...

Construction & Real Estate

Penspen secures over $400m contracts in Mena

Penspen, an engineering and energy services consultancy, has announced record performance in the Middle East & Africa (Mena), securing project management consultancy and engineering contracts worth more than $400 million so far this year....