More than €25m in new business announced in first three days of Gulf trade mission
Nine Irish companies have announced new contracts and business developments worth more than €25m during the first three days of this week’s trade mission to the Gulf.
The Enterprise Ireland mission, which concludes tomorrow, is being led by Taoiseach Enda Kenny and Minister for Jobs, Enterprise and Innovation, Richard Bruton.
The contracts were secured on the Saudi Arabia and Qatar legs of the five-day mission, which now moves on to the United Arab Emirates for the final two days.
The new deals announced include Jones Engineering contract worth more than €15m with a major multinational fast-moving consumer goods brand and Escher Group’s deal with Saudi Post to extend their licence agreement from 150 to 800 operational workstations. Elsewhere, Instant Upright has signed a US$1m contract with the Saudi Electric Company for boiler systems in the Ghazian power plant and Ezetop announced a deal with the largest retail bank in the Middle East, Al Rajhi Bank to provide software that enables the bank’s customers to buy international top ups in over 500 branches, 3,300 ATMs and 27,000 points of sale.
Rehab Group signed an agreement worth an expected €2.3m over the first 12 months with the Human Resources Development Fund to support it in the development of its inclusive employment and pre employment programmes for people with disabilities in the Kingdom of Saudi Arabia.
KCC Architectural has announced multiple contract wins with customers in Doha including the Kempinski Hotels, Qatar Airways and Aspeter Hospital, while Kentz Corporation opened an office in the city.
Byrne Looby has entered a joint venture partnership with ASCO Consulting Engineers in Qatar and Díona Technologies announced a partnership with MDS in Qatar to accelerate the sale, distribution, localisation and implementation of Díona’s Government Enterprise Mobility solutions in the Middle East and Gulf Region.
Separately, Absal Paul, an Irish Saudi contract services provider announced that it had signed more than €100m in contracts over the past twelve months, with partners including Haliburton, the Saudi Stock Exchange, Boeing and General Electric.