Kent's Epic Aramco Win: Fueling Saudi Success!

The Big Deal Drops

Kent just leveled up big time in Saudi Arabia! The company signed Long-Term Agreements (LTAs) and Project Management Consultancy (PMC) agreements with Aramco, securing its spot on bid panels for future brownfield EPC and PMC opportunities. Transitioning smoothly from past collaborations, this move strengthens Kent's footprint in the Kingdom.  

Senior leaders from both sides celebrated at the signing ceremony, chatting with industry pros and highlighting strong teamwork.  

Why It Matters Big

Teams across Kent poured in commitment and hard work to land these agreements, and it shows. Aramco benefits from Kent's safe, reliable, and high-quality services in the energy sector.  

Plus, the Kingdom remains a key market where Kent has supported Aramco for years. With PR Aramco x Kent web 1 buzzing, everyone wins as exciting projects roll out ahead. 

DSI's Sparkling Comeback: Ritz-Carlton Magic in Dubai's Skyline!

Rising Strong in Dubai's Boom

Drake & Scull International (DSI) just scored big! The Dubai-listed engineering and construction firm snagged a 52.8 million UAE dirhams ($14.4 million) mechanical, electrical and plumbing (MEP) contract for The Ritz-Carlton Residences in Business Bay.  

The Khamas Group of Investment companies, a sharp UAE-based real estate developer, handed over the deal. Moreover, this 48-key project sits beautifully along the Dubai Water Canal, promising ultra-luxury living.

Power Moves After the Turnaround

DSI has secured several key projects since the company underwent a major restructuring in 2024, which included a plan to increase capital up to AED 600 million.  

In May, the company reported an 81% year-on-year rise in Q1 profit to AED 4.4 million, with revenues hitting AED 76.6 million, indicating a 152% year-on-year uptick. Consequently, DSI now charges forward with fresh energy and unstoppable momentum.

Masdar's Solar-Powered Revolution: Charging the Planet 24/7 Like a Boss!

The Epic Financial Close That’s Shaking Up Clean Energy

Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, today announced financial close for the world's first gigascale 24/7 renewable energy project, marking a defining milestone in the commercialization of the next generation of clean energy infrastructure. Moreover, this massive win comes backed by a consortium of 13 leading international and local banks with a US$5.1 billion financing package. 

Representing a total capital investment of US$6.1 billion, with Masdar funding US$1 billion of equity, the RTC project is being developed in Abu Dhabi by Masdar and Emirates Water and Electricity Company (EWEC). Transitioning smoothly into reality, they integrate a 5.2GW solar photovoltaic (PV) plant with a 19 gigawatt-hour (GWh) battery energy storage system (BESS). Banks like Abu Dhabi Commercial Bank, First Abu Dhabi Bank, HSBC, and others jumped on board, showing huge confidence in this groundbreaking setup.

Why This Changes Everything for Our Energy Future

Financial close demonstrates that large-scale renewable energy projects capable of delivering round-the-clock power have evolved from technical ambition to commercially bankable infrastructure. Additionally, as electricity demand accelerates, driven by AI, data centers, and advanced manufacturing, the project establishes a new benchmark for financing reliable, utility-scale clean energy projects and addresses the key challenge of intermittency. 

Masdar broke ground on the project in October 2025, and it is expected to be operational in 2027. Furthermore, this powerhouse remains a cornerstone of the UAE’s clean energy strategy, contributing to energy security and economic diversification. With a diversified portfolio of more than 65GW and a clear pathway to 100GW by 2030, Masdar keeps pushing boundaries and delivering affordable clean power worldwide. What a thrilling ride ahead!