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- Bahrain All Share Index, Islamic Index close lower
- Omantel launches "Otech" as provider of technologies of future, enabler of digital transformation
- Three industrial projects begin operations in Salalah Free Zone with investments exceeding OMR5 million
- NBK concludes Its Participation in the Innovation Challenge Program
- Oman signs concession agreement for Offshore Block (18)
- Batelco by Beyon, GCCIA extend partnership to strengthen regional connectivity
- Adnoc Drilling net profit tops $1.45b as it sets sights on regional expansion
- Investcorp Capital H1 operating income up 16% to $52m
- Taqa records total net income of Dh7.5 billion for 2025
- Oil prices tumble more than $1 as IEA cuts demand forecast
04/06/2025 06:05 AST
Kuwait-based Combined Group Contracting (CGC), a leading player in the Arab Gulf's contracting sector, has announced that it key subsidiaries have secured contracts worth $338.3 million from across the GCC region.
The first contract worth AED 859.9 million ($234.1 million) for road construction works in UAE was snapped up by its local unit - CGC Company Emirates - from the Ministry of Energy & Infrastructure.
As part of the contract, the company will execute the upgrade of Emirates Road from Al Bade'a Intersection to E55 Intersection.
The scope of work involves the construction of new bridges and intersections, as well as the improvement of existing ones.
The entire work will be completed within a two-year period, said the company in a statement.
Also CGC said it had snapped up two contracts from Kuwait Oil Company (KOC) worth KD32 million ($104.2 million).
The first contract is related to external works of Jurassic production facilities in Umm Naqa area which will be completed in 19 months, while the second contract is related to Wafra Joint Operations (WJO) Gas Export Pipeline project.
The project involves the engineering, procurement, construction, and commissioning of a new export pipeline spanning 65km from WJO to the Kuwaiti company's gas booster station.
This entire work will be completed within 30 months, it added.
Trade Arabia
02/12/2025
Kuwait-based Combined Group Contracting (CGC) has announced that it has been awarded two key projects worth KD59.7 million ($194 million) by Kuwait Oil Company (KOC) at its refinery facilities in in
Trade Arabia
22/08/2013
Kuwait's Combined Group Contracting Co on Wednesday denied a local newspaper report that it was involved in merger negotiations with Dubai builder Arabtec Holdings.
Kuwaiti newspaper Al-Q
Reuters
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13/02/2026
Omantel yesterday launched "Otech," the Provider of Technologies of the Future and Enabler of Digital Transformation. This move comes as part of national efforts to accelerate digital transformation
Times of Oman
13/02/2026
The National Bank of Kuwait concluded its participation in the Innovation Challenge Program, organized by the Kuwait Foundation for the Advancement of Sciences, for the tenth consecutive year, in col
Kuwait Times
13/02/2026
Batelco by Beyon has announced the renewal of its strategic partnership with the Gulf Cooperation Council Interconnection Authority (GCCIA) during Capacity Middle East.
This renewal undersc
Trade Arabia
13/02/2026
Adnoc Drilling reported its strongest year on record in 2025, posting a net profit of $1.45 billion as the company accelerated its regional expansion, ramped up technology-driven efficiencies and del
Khaleej Times
13/02/2026
Investcorp Capital (ICAP), an Abu Dhabi Securities Exchange (ADX)-listed alternative investment company founded by the Investcorp Holdings group, reported a total operating income of $52 million, an
Trade Arabia
Financial Information Co.
Saudi Arabia