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TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Aramco signs $11bn deal

The deal involves its Jafurah gas facilities.

TAQA H1 net income $1bn

The group's revenue reached $7.73 billion.

ADNOC L&S H1 net profit $420m

The company’s revenue reached $2.43bn

SEC H1 net profit $1.67bn

Revenue grew by 24% to $7.38 billion.

Zamil Industrial unit wins AC deal

  • Zamil Industries unit Zamil Air Conditioners has got the contract from Tatweer Buildings Company
  • The contract is worth SAR44.1 million ($11.7 million)

Zamil Air Conditioners & Home Appliances Company has secured a contract worth SAR44.1 million ($11.7 million) from Tatweer Buildings Company, said local reports on Monday, September 6.

The firm, one of the units of Saudi Arabia-based Zamil Industrial Investment Company, has through this deal been contracted to supply air-conditioning systems for government schools across the country, said the local reports.

Under this deal, Zamil Air Conditioners will reportedly supply more than 13,570 AC systems of varying sizes and refrigerating capacities for schools affiliated with the Saudi Ministry of Education.

The contract is expected to have a positive impact on the company’s financial results for the year 2021.

Zamil Air Conditioners was one of the first AC-manufacturing companies to have been established in Saudi Arabia.

Its projects include the Holy Mosque in Mecca, the Abu Dhabi Airport, and the Burj Khalifa Power Station.