GulfBase Live Support
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
24/02/2026
Combined Group Contracting Company, a specialist in the construction of residential, commercial and governmental buildings as well as roads and oil and gas projects, has secured contracts worth KD77.
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
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 9.39 | 0.03 (0.32 |
| MODON | 3.40 | 0.03 (0.89 |
| SALIK | 6.00 | 0.05 (0.84 |
| ADNOCLS | 5.75 | 0.05 (0.87 |
| ADPORTS | 4.49 | -0.01 (-0.23 |
09/03/2026
Shareholders of Ithmaar Holding, a Bahrain-based holding company, on Sunday (March 8) approved its plan to raise capital, which includes the cancellation of accumulated losses against share capital a
Trade Arabia
09/03/2026
Saudi-based Najran Cement has awarded a SAR49 million ($13 million) contract to Sinoma International Engineering Limited for the development of an electric grid connection project at Sultanah in the
Trade Arabia
09/03/2026
Aramco has offered more than 2 ?million barrels of Saudi crude in rare tenders as the US-Iran conflict ?disrupted exports from the Middle East, trade sources said.
The state company offered
Trade Arabia
09/03/2026
Aldar, a leading developer based in the UAE, has committed AED100 million ($27.2 million) to the "Mother of the Nation Endowment for Orphans" initiative, launched by the Endowments and Minors' Funds
Trade Arabia
09/03/2026
Dar Al Majed Real Estate Company (Al-Majdiah) has signed a contract worth SAR77 million ($20.48 million) with Emarna Contracting Company to implement a new residential development in Riyadh's Al-Nada
Trade Arabia