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Saudi Entertainment Ventures, a subsidiary of Qiddiya Investment Company, announced the opening of its second leisure destination in the kingdom: Seven Tabuk. This fully indoor, all-weather entertainment hub aims to expand Saudi Entertainment Ventures’ presence in the kingdom, following the successful launch of SEVEN Abha.

The launch of Seven Tabuk follows the debut of...


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Emirates Extrusion Factory (EEF), a wholly owned subsidiary of Dubai Investments achieved its strongest first-half production performance in a decade during the first half of 2026. This was attributed to sustained customer demand, efficient manufacturing processes, and disciplined operational execution.

The company’s achievement was driven by several key factors. Effic...


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Larsen and Toubro (L&T), India’s engineering and construction company, announced that one of its key subsidiaries, L&T Energy Hydrocarbon Offshore (LTEH Offshore), has secured an order valued at US $1.57bn from a major client in the Middle East. This order involves the development of multiple offshore facilities.

As per the agreement, LTEH Offshore will be resp...


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Saudi Arabia’s Retal Urban Development said on Tuesday its 80%-owned subsidiary Building and Construction Company has signed a $71.5mn contract with associate Remal Park Fund to carry out design and construction works for the Remal Business Court project in Al Khobar.

The contract has a duration of 12 months from its effective date, Retal said in a filing on the Saudi ...


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Emirates District Cooling (Emicool) has unveiled a structured roadmap towards Net Zero operations by 2050.

Developed through a data-driven and technically modelled, the roadmap establishes a clear decarbonisation pathway within Emicool’s defined operational boundary.

Based on a 2023 emissions baseline of 183,423t of carbon dioxide equivalent (tCO₂e), covering Sc...


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