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
30/07/2026
Combined Group Contracting, a Kuwait-based leading construction company operating across the Gulf region, has been awarded a RO20.6mn contract to construct a coastal road within the Special Economic
Muscat Daily
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
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 7.20 | -0.16 (-2.18 |
| ADNOCLS | 7.39 | -0.02 (-0.27 |
| MODON | 2.85 | -0.12 (-4.05 |
| SALIK | 5.25 | -0.18 (-3.32 |
| ADPORTS | 6.17 | -0.02 (-0.33 |
09/10/2026
Dukhan Bank reported a QR1.19bn net profit in the first nine months of 2026. Total assets reached QR126.8bn, up 2.4% from December 2025, with loan book reaching QR94bn.
Earnings per share st
Gulf Times
09/10/2026
Qatar Media Corporation (QMC) and Ooredoo Qatar have signed an agreement aimed at strengthening co-operation between the two organisations and supporting their shared objectives amid rapid technologi
Gulf Times
09/10/2026
Mashreq has partnered with Expo City Dubai to provide off-plan home financing options for eligible customers purchasing residences across selected projects.
The collaboration between the two
Trade Arabia
09/10/2026
Beyon Connect, part of the Beyon Group, and BENEFIT, Bahrain's leading fintech and electronic financial transactions services company, have signed a strategic memorandum of understanding (MoU) to exp
Trade Arabia
09/10/2026
National Energy Services Reunited (NESR), an oilfield services provider in the Middle East and North Africa (MENA), announced that its business segment, NESR Environmental and Decarbonization Applica
Trade Arabia