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Monday, February 23, 2026
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Kuwait

HEISCO secures new credit facilities to support project execution

Kuwait-based Heavy Engineering Industries and Shipbuilding Company (HEISCO) has strengthened its financial position by renewing and securing multiple credit facilities with local banks, according...

HEISCO awarded power infrastructure contract by Ministry

Heavy Engineering Industries and Shipbuilding Company (HEISCO) has secured a contract to construct feeder lines for the Al-Khairan power plant and to develop fuel-receiving...

Combined Group wins oil flowline contract from KOC

Kuwait's Combined Group Contracting Company has secured a USD 13.3 mln contract from Kuwait Oil Company (KOC) for crude oil flowline services. The agreement...

Heisco completes full acquisition of Saudi Gulf Sky Factory

Kuwait's Heavy Engineering Industries & Shipbuilding (Heisco) has acquired the remaining 25pct stake in Gulf Sky Factory, a pressure vessel manufacturer in Jubail, Saudi...

MRC to launch new scrap recycling plant

Kuwait-based Metal Recycling Company (MRC) is on track to open its new steel scrap recycling plant later this year. This development was announced in...

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