Latest news with #CombinedGroupContractingCompany
Zawya
29-07-2025
- Business
- Zawya
Kuwait-listed CGCC signs $275mln Abu Dhabi infrastructure deal
A Kuwaiti company has signed an infrastructure contract in Abu Dhabi with a value of around 1.02 billion UAE dirhams ($275 million). Combined Group Contracting Company (CGCC) said its subsidiary in the UAE has signed the contract which was awarded in April by Aldar, one of the country's largest developers and property owners. The project involves the 'design and installation of infrastructure services and facilities' in Al-Nahda area near the capital Abu Dhabi, CGCC said in a Kuwait bourse disclosure statement on Tuesday. The statement did not provide further project details but said that it would be completed within 914 days and would allow the company to make operational profits. (Writing by Nadim Kawach; Editing by Anoop Menon) (
Zawya
23-07-2025
- Business
- Zawya
Kuwait's Combined Group lands $240mln GCC contracts
Kuwait-based Combined Group Contracting Company has announced that it has secured new contracts in UAE and Oman worth a total KD73.3 million ($240 million) which will be completed within a two-year period. In the UAE, the company snapped up the construction and upgradation contract for Emirates Road - all the way from Al Bade'a Intersection to E55 Intersection. The KD57 million contract was awarded by the Ministry of Energy & Infrastructure, said CGC in a statement. In Oman, the company secured the construction contract for the coastal road at Duqm Coastal & Central Business District (CBD) Roads at Duqm. The KD16.3 million project was awarded by Public Authority for Special Economic Zones and Free Zones (OPAZ). Earlier this year, the Combined Group Contracting said that it had been awarded contracts worth AED1.01 billion ($275.8 million) in UAE. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
24-04-2025
- Business
- Zawya
Kuwait's Combined Group wins Wafra gasline deal
Kuwait-listed Combined Group Contracting Company (CGCC) announced on Thursday that it has been awarded a contract to build a pipeline to export gas from Wafra Joint Operations venture owned by Saudi Arabia and Kuwait. CGCC said in a bourse disclosure statement that it has received a letter confirming the awarding of the project with a value of around 12.7 million Kuwaiti dinars ($42 million). The project was awarded by the state-owned Kuwait Oil Company and is expected to be completed within 30 months, CGCC said. In late 2022, Saudi Aramco and KOC signed a memorandum of understanding to jointly develop the Durrra gas field located in the Neutral Zone, which is shared by the two Gulf countries. The project aims to produce 280 million cubic metres of gas and around 84,000 barrels of LNG per day. (Writing by Nadim Kawach; Editing by Anoop Menon) (
Khaleej Times
03-04-2025
- Automotive
- Khaleej Times
'Greatest Eidiya': UAE resident spends over Dh100,000 on raffle tickets, finally bags $1 million
'I knew I would win one day. But I never expected it to be so soon after Eid Al Fitr. I consider this Eidiya from the Almighty. I must be the recipient of the highest Eidiya this year,' said Maed Hassan, a Syrian expat who has been living in the UAE since 1992. Maed, a mechanical engineer at Combined Group Contracting Company in Abu Dhabi, won the jackpot in the Dubai Duty Free Millennium Millionaire Series 495. He purchased ticket number 2525 online on March 7 and was overjoyed when he received the call confirming his US $1 million win. 'I have been participating for the last nine years and have spent over Dh100,000 on tickets. This win makes it all worth it,' he said. This isn't Maed's first stroke of luck, he previously won a Mercedes Benz S500 in the Finest Surprise Series 1853 in October 2023, a car he later sold. But this latest jackpot holds even greater meaning, especially because of its timing. 'It came during Eid, making it the greatest Eidiya I could ever receive. But it's not just for me, I want to share it with those in need in my country,' he said. For Maed, Syria remains home, and he sees this win as a chance to give back. 'Now that Syria is free, we are hopeful for better days ahead. This Eidiya is for the people of Syria who need support. I want to do my part in rebuilding our country,' he said. At 64, Maed is a proud father of three, a daughter and two sons. His youngest is currently studying medicine, and part of his winnings will go toward his son's education. 'Medical school is expensive, but it's a worthy investment. I am proud of him as he is chasing his dreams,' he said. Despite the fortune, Maed isn't looking to spend it lavishly. 'I plan to buy property in the UAE, as it's a solid investment. As for a new car, I'll get one soon, but not a Mercedes for now,' he said, adding that his priority remains helping those back home. For Maed, this jackpot is not just about personal success, it's about making a meaningful impact. 'I always believed I would win one day. Now that it's happened, I want to use it wisely, for my family, my country, and those in need,' he said.
Zawya
18-03-2025
- Business
- Zawya
Combined Group 's oil pipeline deal extended
Kuwait Oil Company has extended a contract awarded more than three years ago to Combined Group Contracting Company (CGCC) for oil pipeline installation and maintenance. The Company said in a bourse statement on Tuesday that it has received a letter from the state-owned KOC extending the deal that was awarded in 2022. The statement said the new deal has a value of around 596,000 Kuwaiti dinars ($1.96 million) and covers extended work for oil pipeline maintenance in South and East Kuwait. In a previous bourse statement CGCC said it was awarded the main contract in April 2022 with a value of 3.33 million dinars ($11 million). (Writing by Nadim Kawach; Editing by Anoop Menon) (
