Construction & Real Estate

NMDC Energy posts solid Q1 results; revenue surges 33pc to $1.36bn

NMDC Energy, a key provider of engineering, procurement, and construction (EPC) services for offshore and onshore energy clients, delivered a solid performance in Q1 with its revenues surging 33% to hit AED5 billion ($1.36 billion), driven by the continued execution of its robust project backlog. ...

Construction & Real Estate

Tabreed awards EPC contract for key Bahrain district cooling project

Tabreed Bahrain, a leading provider of sustainable district cooling solutions in the kingdom, has appointed Arabian International Company as the engineering, procurement and construction (EPC) contractor for the expansion of its chilled water network in the northern seafront area of Manama. ...

Construction & Real Estate

UAE procurement leaders signal shift to responsible sourcing

Procurement leaders in UAE now seem to be taking a decisive shift from traditional green procurement to comprehensive responsible sourcing, driven by new regulations, CFO buy-in, and supplier engagement, said industry experts at an event in Dubai. ...