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Tag: Kuwait

Construction & Real Estate

CGC emerges lowest bidder for $516m Kuwait water treatment project

Kuwait-based Combined Group Contracting has emerged as the lowest bidder for a KD160 million ($516 million) water treatment project in southern Kuwait. The scope of work for the winning bidder includes construction, operation and maintenance of the treated water facilities. ...

Construction & Real Estate

Chinese company signs major Kuwait wastewater treatment project deal

China State Construction Engineering Corporation (CSCEC) said it has signed the contract to build the North Kabd Wastewater Treatment Plant in Kuwait, thus marking the latest infrastructure project under co-operation between the two countries through China's Belt and Road Initiative. ...

Construction & Real Estate

Kuwait's Al Hamra Real Estate retains key ISO certifications

Kuwait-based Al Hamra Real Estate said it has renewed three international ISO certifications for quality, environmental management and occupational health and safety, following a re-certification audit by Bureau Veritas. These certifications apply to the operations of Al Hamra Shopping Centre and Business Tower....

Construction & Real Estate

Havelock One Interior wins Kuwait mall interior renovation contract

Havelock One Interiors, a leading fit-out contractor in the GCC, has announced that it has been appointed by Kuwait-based Tamdeen Group to deliver the interior renovation of its key retail destination 360 Mall at Al Zahra. The entire revamp programme will be delivered in four phases....

Construction & Real Estate

CSCEC lands contract to build 55-storey Kuwait office tower

China State Construction Engineering Corporation said it has won the contract to build the new headquarters of the Kuwait Direct Investment Promotion Authority. The project involves the construction of a 275-m-high, 55-storey office tower with five basement parking levels in the Sharq district of Kuwait. ...

Construction & Real Estate

Kuwait renewable energy firm plans equity raise to expand across Mena

Alternative Energy Projects Company (AEP), a Kuwait-based renewable energy developer, has announced plans to raise capital to fund the expansion of its solar energy business across Kuwait and Mena region. It has appointed Kamco Invest, in collaboration with Burgan Bank, to lead the transaction....

Construction & Real Estate

MECC emerges lowest bidder for $427m Kuwait infrastructure projects

Kuwait-based Mechanical Engineering and Contracting Company (MECC) has emerged as the lowest bidder for three major power infrastructure projects being developed by Kuwait Oil Company (KOC) at a total investment of KD132.28 million ($427 million). ...

Construction & Real Estate

Wabag JV wins $372m Kuwait desalination plant contract

VA Tech Wabag, a leading multinational water technology company based in India, has announced that its joint venture with Heavy Engineering Industries & Shipbuilding Company (Heisco), has secured a contract worth KD114.3 million ($372 million) for a SWRO desalination plant in Kuwait. ...

Construction & Real Estate

Kuwait's URC secures $122.8m finance for waterfront project

Kuwait's United Real Estate Company (URC), the real estate arm of Kuwait Projects Company Holding (KIPCO), has secured KWD38 million ($122.82 million) in Islamic banking finance for the construction and development of Waterfront Real Estate Project - Phase 3 (Souq Sharq), located in the Sharq Area of capital Kuwait City....

Construction & Real Estate

ACICO delivers solid results for Q1, operating revenues up 23pc

ACICO Group, a full-service, multi-sector construction group, has announced solid results for the first quarter of 2026 registering a 23% growth in its operating revenues, thus reflecting robust growth despite the geopolitical conditions affecting the region and the resulting operational and market challenges....

Construction & Real Estate

SLDC awarded drilling contract in Kuwait

SLDC, a newly established drilling joint venture (JV), announced today the award of a significant drilling contract by SLB (Schlumberger Oilfield Eastern Limited) for operations in Kuwait’s Mutriba field....

Construction & Real Estate

GCC projects market hit by Iran war, contracts down 9.7pc

The GCC projects market experienced a slowdown in the first quarter due to the Middle East conflict with the total value of contracts plunging 9.7% to $61.2 billion, according to a report. This contraction was driven largely by a substantial downturn in contract awards within Saudi Arabia and UAE. ...

Construction & Real Estate

Wabag-Heisco consortium wins $370m Kuwait desal plant contract

A consortium of India-based VA Tech Wabag, a global leader in water and wastewater treatment solutions, and Heavy Engineering Industries and Shipbuilding Company (Heisco) has been awarded a KD114.2 million ($370 million) contract for a major seawater reverse osmosis (SWRO) desalination plant in Kuwait....

Construction & Real Estate

United Gulf wins key utility infrastructure contract in Kuwait

United Gulf Construction Company, a multi-disciplinary contracting firm, has secured a key utility infrastructure project contract in Kuwait. The scope of work includes the construction and maintenance of a new water distribution complex in the Hawalli area, along with other associated works. ...

Construction & Real Estate

Markaz-owned Kuwaiti tower gets top green building certification

Kuwait Financial Centre (Markaz) has announced that the Al Nada Tower, a key residential building owned by its real estate fund MREF, has achieved LEED Gold certification. This comes as part of its broader strategy to strengthen sustainability and operational frameworks across its real estate portfolio. ...

Construction & Real Estate

Kuwait plans to build six underground water reservoirs

Kuwait has announced plans to develop six underground reservoirs in Al Na’eem region of the country, each with a capacity of 100 million imperial gallons. The move comes as part of its broader strategy to expand strategic water reserves and ensure supply during peak demand periods. ...

Construction & Real Estate

Heisco seals $186.4m Kuwait power infrastructure contract

Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has signed a contract with the Kuwait's Ministry of Electricity and Water and Renewable Energy for a major power infrastructure project worth KD57.2 million ($186.4 million). ...

Construction & Real Estate

Power Grid inks $158.7m contract for key Kuwait power project

Kuwait's Power Grid Company has awarded a contract for the development of a 400 kV Overhead Transmission Line (OHTL) at the Al Shaqaya Solar Power Generation Station. It is mainly aimed at linking the station to the main substation in Al Wafra. ...

Construction & Real Estate

Kuwait records solid progress in road infrastructure, building works

Kuwait has reported significant progress in its projects for February, with infrastructure and building works advancing at a rapid pace across several housing cities including Al Mutlaa City (where 170 buildings are under construction) and South Sabah Al Ahmad City (where key roads works are underway). ...

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