Tuesday 14 January 2025
 
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upgrade

Heisco JV lands $562m Kuwait distillation plant upgrade contract

Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that its joint venture with Japanese group IHI Corporation has secured a contract worth KD173.2 million ($562 million) for upgrading steam boilers and thermal units

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Heisco JV lands $562m Kuwait distillation plant upgrade contract

Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that its joint venture with Japanese group IHI Corporation has secured a contract worth KD173.2 million ($562 million) for upgrading steam boilers and thermal units

More…

Heisco JV lands $562m Kuwait distillation plant upgrade contract

Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that its joint venture with Japanese group IHI Corporation has secured a contract worth KD173.2 million ($562 million) for upgrading steam boilers and thermal units

More…

Riyadh Cables posts 7% jump in revenue

Riyadh Cables, which posted another stellar quarterly performance with revenue up 7% and gross profit up 14%, has been upgraded by Al Rajhi Capital Research from neutral to overweight with take-profit (TP) price of SR115 ($30.7) per share.&nbs

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Riyadh Cables posts 7% jump in revenue

Riyadh Cables, which posted another stellar quarterly performance with revenue up 7% and gross profit up 14%, has been upgraded by Al Rajhi Capital Research from neutral to overweight with take-profit (TP) price of SR115 ($30.7) per share.&nbs

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EMEA real estate gets Fitch Ratings upgrade

Leading ratings agency Fitch has changed its sector outlook for Europe, Middle East and Africa (EMEA) real estate from deteriorating to neutral, thus reflecting a largely complete recalibration of asset values to higher interest rates and impr

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AD Ports locks 20-year deal to operate, upgrade Luanda Port

AD Ports Group has signed deals with Unicargas and Multiparques leading to securing a 20-year concession with the Luanda Port Authority for the operation and upgrade of the Luanda multipurpose port terminal in Angola. 

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RTA awards $191m contract for Al Khail Road upgrade project

Dubai's Roads and Transport Authority (RTA) has awarded a contract worth AED700 million ($191 million) for Al Khail Road Improvement Project.   This project scope includes the construction of bridges spanning

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GE Vernova completes upgrade of 4 gas turbines at Kuwait plant

GE Vernova, a purpose-built global energy company based in US, has announced that it has successfully completed the work on the modernization of four gas turbines at the Sabiya Combined Cycle Power Plant in Kuwait, thus  boosting its effi

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GE Vernova completes upgrade of 4 gas turbines at Kuwait plant

GE Vernova, a purpose-built global energy company based in US, has announced that it has successfully completed the work on the modernization of four gas turbines at the Sabiya Combined Cycle Power Plant in Kuwait, thus  boosting its effi

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