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Navy
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 weeks ago
Islamic Finance
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.

4 weeks ago • Kuwait;United Arab Emirates

Latest News

Energy & Power | 2 days ago

EBRD approves USD 65 million for Egypt’s solar-plus-storage infrastructure project

The European Bank for Reconstruction and Development has committed USD 65 million to finance a hybrid 200 MW solar plant and 120 MWh battery storage facility in Aswan, Egypt. This initiative, developed by HAU Energy, marks a critical step in stabilizing the national grid while advancing the country's transition toward a low-carbon energy infrastructure.

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