Alec Engineering and Contracting has completed another major engineering milestone with the final lift of ‘The Link’, a 9,500-tonne steel structure, which forms the central feature of Ithra Dubai’s flagship mixed-use luxury development, One Za’abeel.

Khansaheb Investment, a leading UAE business conglomerate and the owner of top contractors, says it has bought back shares in its companies from Interserve International Limited.

Ham Baker, a global leader in the penstock design-and-build sector, says it has completed the  installation of the world’s largest penstocks for Dubai’s Deep Tunnel Storm Water System.

Abu Dhabi National Oil Company (Adnoc) has signed $324 million contracts with leading Omani group Galfar Engineering and Contracting and UAE-based Robt Stone to help optimise onshore field operations and enhance efficiencies as the group continues to invest responsibly to drive smart growth.

Arabtec unit secures Saudi offshore marine works deal Arabtec Holding, a leading Dubai-based contractor, says one of its subsidiaries, Target Engineering Construction Company, has won a 14-month sub-contract for the offshore marine works in Jubail, Saudi Arabia. The SR145 million ($38.