Subsidiary11 Dec 2025, 06:24 pm
Duncan Engineering Ltd Incorporates Wholly-Owned Subsidiary in KSA for Middle East Expansion
AI Summary
Duncan Engineering Ltd has incorporated a wholly-owned subsidiary, DEL Arabia, in the Kingdom of Saudi Arabia on December 11, 2025. The new entity, with an authorized capital of SAR 600,000, is established to carry out the business activities of the company and expand its market presence in the Middle East, with a focus on Oil & Gas and related projects. Duncan Engineering Ltd has subscribed to 100% of the initial paid-up share capital of DEL Arabia.
Key Highlights
- Duncan Engineering Ltd incorporates a wholly-owned subsidiary, DEL Arabia, in KSA
- DEL Arabia established to carry out business activities and expand market presence in the Middle East
- Focus on Oil & Gas and related projects
- DEL Arabia authorized capital of SAR 600,000
- Duncan Engineering Ltd subscribes to 100% of DEL Arabia's initial paid-up share capital