ADNOC has awarded a contract valued at $5.5B to NMDC Energy, in collaboration with Technip Energies and JGC Corporation, for the engineering, procurement, and construction (EPC) of the lower-carbon Ruwais LNG project, situated in Al Ruwais Industrial City, Abu Dhabi.

Bosch, a leading global supplier of technology and services, ended its 2023 fiscal year with 490 million euros, which corresponds to 1.95 billion AED, in consolidated sales in the Middle East, registering an increase of 3 percent in euros and 6 percent in AED. The company met its sales expectations despite the challenges faced in the 2023 business year. This growth was attributed to various divisions within Bosch, including Bosch Rexroth, Building Technologies, Mobility Aftermarket, and the Bosch Global Software Technologies subsidiary.