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Newsletter

28th May 2017
 GE signs deals worth US$15bn for projects in Saudi Arabia GE signs deals worth US$15bn for projects in Saudi Arabia

GE has taken significant steps in supporting the delivery of Saudi Vision 2030, by announcing in partnership with the kingdom a range of MoUs and projects valued at US$15bn, of which almost US$7bn are GE technology and solutions across multiple sectors

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 Abu Dhabi’s QCC releases updated infrastructure guidelines Abu Dhabi's QCC releases updated infrastructure guidelines

Abu Dhabi Quality and Conformity Council (QCC) has released an updated edition of the Infrastructure Standards Guidelines (ISGL) for Abu Dhabi, following its approval by the Infrastructure and Environment Committee of Abu Dhabi Executive Council

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 North Africa’s construction market gains huge impetus with investment worth US$473bn North Africa's construction market gains huge impetus with investment worth US$473bn

The North African countries are expanding their construction sector with several active high-value projects with approximately US$473bn investment, shows BNC Project Intelligence's recent market analysis

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 SEWA and SNOC sign gas sales agreement for power generation in Sharjah SEWA and SNOC sign gas sales agreement for power generation in Sharjah

Sharjah National Oil Corporation (SNOC) and Sharjah Electricity and Water Authority (SEWA) have signed a full gas sales agreement (GSA) to supply natural gas for power generation in the emirate

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 GCC building contracts to hit an all-time high of US$85.6bn GCC building contracts to hit an all-time high of US$85.6bn

The Big 5 Heavy, Middle East's largest event for the heavy construction industry, is expected to grab global contracts worth US$85.6bn in 2017, up seven per cent from US$79.5bn in 2016 for the regional construction market, states GCC Building Construction Market Report

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 Alfanar signs solar power plant deal with Egypt worth US$50mn Alfanar signs solar power plant deal with Egypt worth US$50mn

Saudi Arabia's Alfanar Energy has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) to develop a 50MW solar plant in Egypt, that will help Egypt achieve new approaches of renewable energy

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 Siemens to coordinate industrial automation courses in Kuwait Siemens to coordinate industrial automation courses in Kuwait

Siemens has partnered with the Sabah Al Ahmad Centre for Giftedness and Creativity (SACGC) in Kuwait to provide vocational training courses in industrial automation to the young Kuwaiti professionals. The company will provide its SITRAIN training in automation, drives and plant technology, promoting knowledge and technology transfer and developing local talent

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 Imdaad wins US$1.63mn contract from Emirates Post Group Imdaad wins US$1.63mn contract from Emirates Post Group

Imdaad, a leading integrated facilities management (FM) company based in Dubai, has signed a one-year contract worth US$1.63mn with Emirates Post Group (EPG) and as per the deal, the former will provide its integrated FM services in EPG's branches throughout the UAE

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 LED Lighting Industry: Middle East to become one of the fastest growing markets LED Lighting Industry: Middle East to become one of the fastest growing markets

City-wide lighting overhauls expected with huge growth opportunities for companies finds Frost & Sullivan's Energy and Environment team

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 Albwardy Damen wins two shipyard awards in the UAE Albwardy Damen wins two shipyard awards in the UAE

Albwardy Damen has received two shipyards awards within a month for excellence

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 SAAC continues to fight counterfeit steel products SAAC continues to fight counterfeit steel products

A study commissioned by the Steel Alliance against Counterfeiting (SAAC) has revealed that more than half the industry - 53 per cent - has reported an incidence of, what is believed to be, counterfeit steel products at some point in day-to-day operations

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 EMC delivers 50 Mercedes-Benz trucks readymix firm in UAE EMC delivers 50 Mercedes-Benz trucks readymix firm in UAE

Emirates Motor Company (EMC) Daimler Commercial Vehicles has delivered 50 Mercedes-Benz Actros trucks to the UAE concrete firm Transgulf Readymix, believed to be one of the largest deals of its kind in the UAE

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 Saudi Tower completion delayed, to open in 2019 Saudi Tower completion delayed, to open in 2019

The deadline for the completion of the one-kilometre high Jeddah Tower has been further delayed to 2019, following financial settlements with contractor Saudi Binladin Group (SBG)

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 The Big 5 Construction Egypt to debut in Cairo in 2018 The Big 5 Construction Egypt to debut in Cairo in 2018

The Big 5 Construction Egypt is set to be launched in Cairo Exhibition Centre for the first time from 15-17 September 2018, with an aim to assemble international leaders in the construction market to showcase their innovative products, technologies and services

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