Search Site

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

IHC Q1 net profit $2.17bn

The company launches Share Buyback Programme

Amazon triples quarterly profit

The company's cloud, ads, and retail businesses thrive.

UCC Holding signs contracts for seven Kazakhstan projects

UCC signed two energy contracts. (UCC)
  • The first contract with QazaqGas includes two gas treatment plants:1 BCMA Gas Processing Plant Project and 2.5 BCMA.
  • The second contract includes the construction of a combined cycle gas turbine (CCGT) power plant with a total capacity of about 1,100 MW in the Kyzylorda region.

Doha, Qatar — UCC Holding, a Qatari company, has signed two energy contracts for seven projects in Kazakhstan.

The first contract with QazaqGas comprises two gas treatment plants:1 BCMA Gas Processing Plant Project and 2.5 BCMA and the construction of a New Compressor Station CS-14 and Main Gas Pipeline CS-14 – Kostanay Project, and the construction of the second line of the Beniu-Bozoy-Shymkent gas pipeline project (BBS).

The contract was signed by Mohammed Moutaz Al-Khayyat, representing UCC Holding in his capacity as Chairman, and Sanzhar Zharkeshov, representing QazaqGas, as CEO.

The second contract with the Ministry of Energy encompasses a contract for the construction of a combined cycle gas turbine (CCGT) power plant with a total capacity of about 1,100 MW in the Kyzylorda region, an MoU for a gas treatment plant with a capacity of 6 (4+2) billion cubic meters in the Kashagan field (Phase 2B).

The contract and MoU were signed by Minister of Energy  Almassadam Satkaliyev on behalf of the Ministry and Mr. Mohamed Moutaz Al Khayyat on behalf of UCC Holding in his capacity as Chairman.

Qatar Amir Sheikh Tamim bin Hamad Al-Thani and President of the Republic of Kazakhstan Kassym-Jomart Tokayev witnessed the signing.