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Navy

ST Engineering Marine secures S$600 million sub-contract for Kuwaiti naval fleet

ST Engineering’s Marine division has finalized a S$600 million agreement with Abu Dhabi Ship Building to support the development of eight missile gun boats for the Kuwait Naval Force. The six-year sub-contract involves comprehensive platform design and technical integration, with three of the vessels slated for construction at Singaporean shipyards.

Kuwait | 2 months ago

Islamic Finance

Newgen's Dubai unit wins $2.22m software deal with Kuwaiti bank

Newgen Software Technologies' Dubai subsidiary has secured a $2.22 million contract from an undisclosed bank in Kuwait. The two-year agreement involves the implementation of Islamic finance origination and customer communication software, reinforcing the company's expansion in the Gulf region's banking sector.

3 months ago • Kuwait;United Arab Emirates

PAHW invites bids for infrastructure and public buildings works at South Sabah Al-Ahmad Residential City

Kuwait’s Public Authority for Housing Welfare has issued a tender for the construction, completion, and maintenance of services, infrastructure, and public buildings at Suburb Center N2 within the South Sabah Al-Ahmad Residential City Project. The development forms part of a large-scale urban expansion designed to address Kuwait’s long-term housing demand.

3 months ago • Kuwait

Latest News

Defence | 2 days ago

Elbit Systems secures $350 million international main battle tank modernization contract

Israel-based defense electronics company Elbit Systems has clinched a $350 million international contract to upgrade main battle tanks over a four-year period, integrating advanced situational awareness, AI-driven targeting, and modern communication suites.

Business & Corporate | 2 days ago

UPS commits USD 50 million to industrial logistics and launches time-definite Mexico air freight

UPS is investing nearly $50 million in specialized automotive and industrial network enhancements. The expansion introduces time-definite heavy air freight services between the U.S. and Mexico, streamlining cross-border production cycles and integrating brokerage and warehousing into a single-carrier solution.

Energy & Power | 2 days ago

NLC India selects Ohmium and InSolare for 4 MW green hydrogen project in Tamil Nadu

Ohmium International and InSolare Energy have partnered to deploy a 4 MW green hydrogen facility for NLC India Limited. Utilizing advanced Proton Exchange Membrane technology, the plant in Neyveli aims to produce 700 metric tons of hydrogen annually for industrial and mobility applications.

Business & Corporate | 2 days ago

Rashmi Group commits INR 350 billion to expand industrial footprint in West Bengal

Diversified industrial major Rashmi Group has announced a massive 35,000 million INR investment to scale its steel, power, and mining operations in West Bengal. The plan includes adding 7 million tonnes of annual steel capacity and operationalizing newly acquired coal blocks across several districts.