A consortium comprising Saudi-based Acwa, Japanese contractor Mitsui & Company and Bahrain industrial conglomerate AlMoayyed has won a major contract for the construction and operation of a 100 MW independent solar power plant in the kingdom.
Aluminium Bahrain (Alba), soon to be the largest aluminium smelter in the world, said its flagship Line 6 Expansion Project was progressing as per schedule with the successful testing of 40 pots which are now fully operational.
Al Raid Group, a specialist developer of retail shopping malls and leisure destinations, has laid the foundation stone for Al Araimi Walk, a major shopping, entertainment and touristic destination in Oman being built at an investment of RO112 million ($290 million), said a report.
Kuwait has signed up Obermeyer, one of Germany’s oldest engineering consultancies, to manage key future projects including a new development plan for Kuwait International Airport.
The value of projects awarded in the GCC region last year fell by 22 per cent to a new low of just $97 billion, said a new report.
Leading rental group Byrne Equipment Rental has selected Generac Mobile to support its depot operations in keeping its generator, light equipment, and a selection of fleet vehicles clean, by choosing a premium wash rack system for its new depot in Mina Abdullah, Kuwait.
Kuwait’s government has announced the launch of Phase One of Shagaya Renewable Energy Park project, a major development which, when completed, would provide 150,000 houses with power round the clock, said a report.
In line with its continued growth, the Belgium-based Reynaers Group has now become an umbrella group that enfolds its several diverse companies in three business units, namely aluminium architectural solutions, steel architectural solutions and building products.
Kuwait-based equipment rental and logistics service provider Jassim Transport & Stevedoring Company (JTC) has put a brand new Demag CC 3800-1 lattice boom crawler crane, manufactured by Terex Cranes, into service.
Kuwait and China have signed a deal to develop the KD25-billion ($82.2 billion) Madinat Al Hareer (Silk City) – a massive development whose masterplan includes the Burj Mubarak Al Kabir tower, a nature reserve, a duty-free area, a new airport, and other facilities – besides five other Kuwaiti islands, said the report.
Bahrain-based Dilmunia Mall Development Company said work is in full swing at its BD52-million ($137 million) family-centric retail destination, Mall of Dilmunia which is coming up over a 26,754-sq-m area in the heart of Dilmunia Island, within the Muharraq Governorate of the kingdom.
Work is nearing completion on Sheikh Jaber Al Ahmad Al Sabah Causeway (SJSC), a mega project spanning 37.5 km across Kuwait Bay from the capital Kuwait City to Subiya, reported Kuwait News Agency (Kuna), citing a senior official. Hyundai Engineering & Construction (Hyundai E&C) is building the landmark bridge.
Global architecture group CallisonRTKL said steady progress was being made on the 264,000-sq-m Sheikh Jaber Al Abdullah Al Jaber Al Sabah International Tennis Complex, which is expected to elevate Kuwait to be among the Middle East’s preferred destinations for international professional tennis players.
Infrastructure JV chief appointed Investcorp, a leading global provider and manager of alternative investment products, and Aberdeen Standard Investments (ASI), a leading global asset manager, announced the appointment of Sir Gerry Grimstone as chairman of their joint venture for Gulf infrastructure investing.
