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Sidara

Full company profile

uuid0006o9h

Namestring
Sidara
Legal namestring
Dar Al-Handasah Consultants Shair and Partners Holdings
Websiteurl
dargroup.com
Company typeenum
Private
Founded yearint
1950
Descriptiontext

Sidara is a Dubai-headquartered, family-owned global professional services collaborative founded in 1950 (originally as Dar Al-Handasah Consultants) and rebranded from Dar Group in March 2023. It operates through 17 specialist firms including Dar, Perkins&Will, Currie & Brown, TYLin, Penspen, Maffeis, Introba, Landrum & Brown, CopperTree Analytics and, as of March 2026, John Wood Group. Pre-acquisition headcount was approximately 19,000-20,000 professionals; the Wood transaction roughly tripled the workforce to 55,000+ across 300+ global locations, and the combined business has sat in the ENR Top 10 for design firms for 15 consecutive years.

The group serves enterprise energy operators and infrastructure clients including Shell, Woodside, NextDecade and Kellas Midstream alongside public-sector clients such as the Kenya Airports Authority and the Rwandan government (FIKA programme). Revenue is generated through project-based, multi-year professional services contracts, with disclosed engagements including a 10-year LNG services agreement with NextDecade, a two-year extension with Woodside valued at up to $65M and a 16-month Shell extension. Combined annual revenue post-acquisition exceeds $8.5B, with Wood contributing a ~$6.5B order book. Technology and analytics assets include the Para building analytics platform (UL Smart Systems-rated) and CopperTree Analytics (acquired March 2023).

The Wood transaction in March 2026 was financed with a $450M capital injection at a distressed purchase price of approximately £216-240M (~$265M) versus an originally discussed £1.5B offer. The acquisition inherits material balance-sheet and governance issues: a £13M FCA fine for inaccurate financial statements covering 2022-2024, projected 2025 negative free cash flow of $150-200M, and a leadership transition with Iain Torrens replacing CEO Ken Gilmartin. Group CTO Murali Selvaraj oversees technology direction, though no AI/ML-native product or research outputs are disclosed in the available data.

Short descriptiontext

Sidara is a Dubai-headquartered, family-owned global collaborative of 17 professional services firms serving infrastructure, energy and public-sector clients across 300+ locations with 55,000+ professionals following the 2026 Wood acquisition.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersDubai, United Arab Emirates
HQ citystring
Dubai
HQ countrystring
United Arab Emirates
HQ regionstring
Middle East
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
engineering consulting services, built environment design, infrastructure project delivery, energy transition advisory, architecture and planning
Industry3 codes
1Strategy & Corporate Development Consulting
CodeBPAHACAAPrimaryYes
2Construction Program Management (Multi-site/Portfolio)
CodeIMAFAAAFPrimaryNo
3Infrastructure & Project Finance Advisory
CodeBPAHADAOPrimaryNo
NAICS code3 codes
  • Architectural, Engineering, and Related Services5413
  • Engineering Services541330
  • Professional, Scientific, and Technical Services541
SIC code1 code
  • Services-Management Consulting Services8742
Product category
Engineering and Design Consulting Services
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Engineering and Consulting Services
TypeProfessional Services
Description

Professional services revenue from engineering design, consulting, and project delivery across built environment, energy, and infrastructure sectors. Services are project-based with contracts ranging from short-term engagements to multi-year maintenance and development programs.

projectscot.com
2Energy Transition Services
TypeProfessional Services
Description

Wood Group brings ~$6.5 billion order book including energy transition capabilities, serving oil and gas, LNG, and emerging clean energy markets through long-term contracts with national oil companies and international energy majors.

mergersight.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 record
1Para
Description

Building analytics platform that earned the world's first UL Smart Systems rating for smart building systems optimization.

sidaracollaborative.com
Core offering1 text field

Sidara is a global collaborative of 17+ specialist design, engineering, and consulting firms delivering integrated services across the built environment, energy transition, and infrastructure sectors. Its portfolio spans architecture (Perkins&Will), engineering (Dar, TYLin, Penspen, Maffeis, Wood), cost and project management (Currie & Brown), aviation consulting (Landrum & Brown), building analytics (CopperTree Analytics, Para platform), and multidisciplinary engineering (Introba), serving airports, hospitals, mobility, urban development, energy, and water projects worldwide.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Combined entity generates $8.5 billion+ in revenue
+2 more records
Product overview1 text field

Sidara is a global collaborative of specialist design, engineering, and consulting firms, formerly known as Dar Group. The platform operates a 'house of specialist brands' model unifying 17 firms in the built environment sector. Core brands include Dar (flagship design/engineering consultancy), Wood (energy and materials engineering, acquired 2026), Perkins&Will (architecture), TYLin (infrastructure engineering), Currie & Brown (cost/project management), and Penspen (energy engineering). Digital and analytics offerings include CopperTree Analytics (acquired 2023) and the building analytics platform Para (world's first UL Smart Systems rating). Additional specialist firms include Introba, Maffeis, and Landrum & Brown. With over 55,000 professionals across 300+ locations generating $8.5+ billion in revenue, the collaborative serves complex projects in airports, hospitals, mobility, urban development, energy transition, and water assets. Sidara has maintained top-10 position in ENR Rankings for Top International Design Firms for 15 consecutive years.

Product and service1 record
1Sidara Collaborative
Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
1FIKA Rwanda
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-19
Description

Partnership for construction of 75-meter Kira Trail Suspension Bridge in Gasabo District, Rwanda. The bridge was constructed by a team of 14 construction experts over 15 days and provides safe year-round access for communities previously cut off during rainy seasons. Dar Rwanda stated the initiative falls under its corporate social responsibility health, safety, and environment policy.

allafrica.com
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-28
Description

Kenya Airports Authority (KAA) commissioned Sidara to develop a masterplan for upgrading Jomo Kenyatta International Airport. The project aims to increase capacity from 7.5 million to 12 million passengers annually (first phase), with longer-term target of 22.3 million by 2029. Private cars will be barred from main terminal to free space for expansion.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Canadian-headquartered global engineering professional services firm with ~80,000 professionals and similar built environment, transportation, and infrastructure consulting focus. Directly comparable in business model and end markets.

TypeDirect peer
Description

US-listed global infrastructure consulting firm with ~50,000 professionals delivering design, engineering, and program management services across transportation, water, energy, and built environment segments.

TypeDirect peer
Description

US-listed professional services firm with deep overlap in energy transition, critical infrastructure, and advanced manufacturing, following its separation from CMS. Closely comparable to Sidara post-Wood acquisition.

TypeDirect peer
Description

Canadian engineering, architecture, and environmental consulting firm with similar built environment, water, and energy transition service lines and comparable global delivery model.

TypeDirect peer
Description

Dutch-headquartered global design and consultancy firm focused on buildings, infrastructure, water, and environment, with comparable multi-disciplinary engineering consulting model.

TypeDirect peer
Description

Canadian engineering services and nuclear major with similar end-market exposure across infrastructure, energy, and nuclear/transition projects; comparable professional services delivery model.

TypeDirect peer
Description

Australian energy and resources engineering services firm highly comparable to Wood Group's energy business, with similar oil & gas, LNG, and energy transition project portfolios.

TypeDirect peer
Description

UK-headquartered employee-owned engineering, management, and development consultancy operating across infrastructure, energy, and built environment with similar multi-disciplinary professional services model.

TypeBroad incumbent
Description

US-headquartered global engineering, construction, and project management firm, broader in scope including EPC delivery, but overlapping in large infrastructure and energy project advisory and design.

TypeBroad incumbent
Description

US-listed global engineering and construction firm serving energy, mining, infrastructure, and government markets with comparable oil & gas and energy transition project exposure.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries10 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Sidara

Engineering and Design Consulting Servicesdargroup.com

Sidara is a Dubai-headquartered, family-owned global collaborative of 17 professional services firms serving infrastructure, energy and public-sector clients across 300+ locations with 55,000+ professionals following the 2026 Wood acquisition.

What Sidara does

Sidara is a Dubai-headquartered, family-owned global professional services collaborative founded in 1950 (originally as Dar Al-Handasah Consultants) and rebranded from Dar Group in March 2023. It operates through 17 specialist firms including Dar, Perkins&Will, Currie & Brown, TYLin, Penspen, Maffeis, Introba, Landrum & Brown, CopperTree Analytics and, as of March 2026, John Wood Group. Pre-acquisition headcount was approximately 19,000-20,000 professionals; the Wood transaction roughly tripled the workforce to 55,000+ across 300+ global locations, and the combined business has sat in the ENR Top 10 for design firms for 15 consecutive years.

The group serves enterprise energy operators and infrastructure clients including Shell, Woodside, NextDecade and Kellas Midstream alongside public-sector clients such as the Kenya Airports Authority and the Rwandan government (FIKA programme). Revenue is generated through project-based, multi-year professional services contracts, with disclosed engagements including a 10-year LNG services agreement with NextDecade, a two-year extension with Woodside valued at up to $65M and a 16-month Shell extension. Combined annual revenue post-acquisition exceeds $8.5B, with Wood contributing a ~$6.5B order book. Technology and analytics assets include the Para building analytics platform (UL Smart Systems-rated) and CopperTree Analytics (acquired March 2023).

The Wood transaction in March 2026 was financed with a $450M capital injection at a distressed purchase price of approximately £216-240M (~$265M) versus an originally discussed £1.5B offer. The acquisition inherits material balance-sheet and governance issues: a £13M FCA fine for inaccurate financial statements covering 2022-2024, projected 2025 negative free cash flow of $150-200M, and a leadership transition with Iain Torrens replacing CEO Ken Gilmartin. Group CTO Murali Selvaraj oversees technology direction, though no AI/ML-native product or research outputs are disclosed in the available data.

Sidara firmographics

Firmographics
Name
Sidara
Legal name
Dar Al-Handasah Consultants Shair and Partners Holdings
Website
https://dargroup.com
Company type
Private
Founded year
1950
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Sidara is a Dubai-headquartered, family-owned global collaborative of 17 professional services firms serving infrastructure, energy and public-sector clients across 300+ locations with 55,000+ professionals following the 2026 Wood acquisition.
Ownership category
akta.pro rank

Sidara industry classification

Industry
Product category
Engineering and Design Consulting Services
NAICS
Architectural, Engineering, and Related Services (5413), Engineering Services (541330), Professional, Scientific, and Technical Services (541)
SIC
Services-Management Consulting Services (8742)
akta.pro primary industry
Strategy & Corporate Development Consulting (BPAHACAA)
akta.pro secondary industries
Construction Program Management (Multi-site/Portfolio) (IMAFAAAF), Infrastructure & Project Finance Advisory (BPAHADAO)

Keywords

  • Engineering consulting services
  • Built environment design
  • Infrastructure project delivery
  • Energy transition advisory
  • Architecture and planning

Where Sidara is headquartered

Location

Headquarters

HQ city
Dubai
HQ country
United Arab Emirates
HQ region
Middle East

Offices4 records

Markets served

Sidara business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

  1. Engineering and Consulting Services: Professional services revenue from engineering design, consulting, and project delivery across built environment, energy, and infrastructure sectors. Services are project-based with contracts ranging from short-term engagements to multi-year maintenance and development programs.
  2. Energy Transition Services: Wood Group brings ~$6.5 billion order book including energy transition capabilities, serving oil and gas, LNG, and emerging clean energy markets through long-term contracts with national oil companies and international energy majors.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Sidara product offering

Product offering

Core offering

Sidara is a global collaborative of 17+ specialist design, engineering, and consulting firms delivering integrated services across the built environment, energy transition, and infrastructure sectors. Its portfolio spans architecture (Perkins&Will), engineering (Dar, TYLin, Penspen, Maffeis, Wood), cost and project management (Currie & Brown), aviation consulting (Landrum & Brown), building analytics (CopperTree Analytics, Para platform), and multidisciplinary engineering (Introba), serving airports, hospitals, mobility, urban development, energy, and water projects worldwide.

Product overview

Sidara is a global collaborative of specialist design, engineering, and consulting firms, formerly known as Dar Group. The platform operates a 'house of specialist brands' model unifying 17 firms in the built environment sector. Core brands include Dar (flagship design/engineering consultancy), Wood (energy and materials engineering, acquired 2026), Perkins&Will (architecture), TYLin (infrastructure engineering), Currie & Brown (cost/project management), and Penspen (energy engineering). Digital and analytics offerings include CopperTree Analytics (acquired 2023) and the building analytics platform Para (world's first UL Smart Systems rating). Additional specialist firms include Introba, Maffeis, and Landrum & Brown. With over 55,000 professionals across 300+ locations generating $8.5+ billion in revenue, the collaborative serves complex projects in airports, hospitals, mobility, urban development, energy transition, and water assets. Sidara has maintained top-10 position in ENR Rankings for Top International Design Firms for 15 consecutive years.

Differentiator

Problem solved

Functional benefit

Brands

  • Para: Building analytics platform that earned the world's first UL Smart Systems rating for smart building systems optimization.

Products and services

  • Sidara Collaborative

Quantifiable outcome

  • Combined entity generates $8.5 billion+ in revenue
  • +2 more outcomes

Companies that use Sidara

Customer profile

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Sidara technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

Sidara partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • FIKA RwandacoreStrategic or Co-development Partner · 19 June 2026Partnership for construction of 75-meter Kira Trail Suspension Bridge in Gasabo District, Rwanda. The bridge was constructed by a team of 14 construction experts over 15 days and provides safe year-round access for communities previously cut off during rainy seasons. Dar Rwanda stated the initiative falls under its corporate social responsibility health, safety, and environment policy.
  • Kenya Airports AuthoritycoreStrategic or Co-development Partner · 28 February 2026Kenya Airports Authority (KAA) commissioned Sidara to develop a masterplan for upgrading Jomo Kenyatta International Airport. The project aims to increase capacity from 7.5 million to 12 million passengers annually (first phase), with longer-term target of 22.3 million by 2029. Private cars will be barred from main terminal to free space for expansion.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Sidara competitors and assessment

Company assessment

Direct peers

  • WSP Global: Canadian-headquartered global engineering professional services firm with ~80,000 professionals and similar built environment, transportation, and infrastructure consulting focus. Directly comparable in business model and end markets.
  • AECOM: US-listed global infrastructure consulting firm with ~50,000 professionals delivering design, engineering, and program management services across transportation, water, energy, and built environment segments.
  • Jacobs Solutions: US-listed professional services firm with deep overlap in energy transition, critical infrastructure, and advanced manufacturing, following its separation from CMS. Closely comparable to Sidara post-Wood acquisition.
  • Stantec: Canadian engineering, architecture, and environmental consulting firm with similar built environment, water, and energy transition service lines and comparable global delivery model.
  • Arcadis: Dutch-headquartered global design and consultancy firm focused on buildings, infrastructure, water, and environment, with comparable multi-disciplinary engineering consulting model.
  • AtkinsRéalis: Canadian engineering services and nuclear major with similar end-market exposure across infrastructure, energy, and nuclear/transition projects; comparable professional services delivery model.
  • Worley: Australian energy and resources engineering services firm highly comparable to Wood Group's energy business, with similar oil & gas, LNG, and energy transition project portfolios.
  • Mott MacDonald: UK-headquartered employee-owned engineering, management, and development consultancy operating across infrastructure, energy, and built environment with similar multi-disciplinary professional services model.

Broad incumbents

  • Bechtel: US-headquartered global engineering, construction, and project management firm, broader in scope including EPC delivery, but overlapping in large infrastructure and energy project advisory and design.
  • Fluor Corporation: US-listed global engineering and construction firm serving energy, mining, infrastructure, and government markets with comparable oil & gas and energy transition project exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Sidara social profiles

Digital presence

Sidara financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Sidara leadership team

Management profile

Number of profiles

Profiles2 records

Sidara subsidiaries and ownership

Company hierarchy

Subsidiaries10 records

Sidara funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Sidara M&A and investment

M&A and investment

M&A3 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sidara

What does Sidara do?

Sidara is a global collaborative of 17+ specialist design, engineering, and consulting firms delivering integrated services across the built environment, energy transition, and infrastructure sectors. Its portfolio spans architecture (Perkins&Will), engineering (Dar, TYLin, Penspen, Maffeis, Wood), cost and project management (Currie & Brown), aviation consulting (Landrum & Brown), building analytics (CopperTree Analytics, Para platform), and multidisciplinary engineering (Introba), serving airports, hospitals, mobility, urban development, energy, and water projects worldwide.

Is Sidara a public or private company?

Sidara is a private company. It is classified as family owned and is currently operating.

When was Sidara founded?

Sidara was founded in 1950. It employs 5,001 to 10,000 people.

Where is Sidara based?

Sidara is headquartered in Dubai, United Arab Emirates, in the Middle East region.

How does Sidara make money?

Two revenue lines are on record. Engineering and Consulting Services are the primary driver. The others are energy Transition Services.

Who are Sidara's main competitors?

Direct peers on record are WSP Global, AECOM, Jacobs Solutions, Stantec, Arcadis, AtkinsRéalis, Worley and Mott MacDonald. Broad incumbents are Bechtel and Fluor Corporation.

Does Sidara have an API?

No public API is recorded for Sidara.

What industry is Sidara in?

Sidara's product category is Engineering and Design Consulting Services. Its primary akta.pro industry code is BPAHACAA, Strategy & Corporate Development Consulting, with a secondary code of IMAFAAAF, Construction Program Management (Multi-site/Portfolio). Its NAICS code is 5413 and its SIC code is 8742.

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Live signals
Scotland News'He was a visionary': Business giant Sir Ian Wood rememberedSir Ian Wood, a Scottish business magnate, died at 84. He transformed his family's fishing business into a global oil and gas services firm, diversifying beyond North Sea operations. He later championed regional economic diversification and philanthropy.AllafricaRwanda: Suspension Bridge Transforms Life in Gasabo As Dar, Fika Rwanda Connect CommunitiesA 75-meter Kira Trail Suspension Bridge was constructed and officially launched on June 19, 2026, in Gasabo District's Ndera and Gasogi sectors, Rwanda, through a partnership between Dar and global alliance partners TYLin and Introba under Sidara Company, in collaboration with FIKA Rwanda. The bridge was built by a team of 14 construction experts over 15 days and provides safe, year-round access for communities that previously faced dangerous flooding during rainy seasons, which had cut them off from schools, health centers, markets, and the Masoro Special Economic Zone. Dar Rwanda stated the initiative falls under its corporate social responsibility health, safety, and environment policy, with local communities already mobilizing to ensure the bridge's long-term maintenance and durability.MergersightSidara’s $216mn Acquisition of John Wood Group plcSidara, a Dubai-based global engineering and consulting group, has completed its acquisition of John Wood Group plc for an implied equity value of approximately £216 million (~$265 million), with a concurrent $450 million capital injection to support the distressed target's liquidity. The deal, which closed in March 2026, represents a dramatic reduction from an earlier multi-billion-pound takeover proposal, reflecting Wood's weakened balance sheet from sustained cash outflows and rising debt. Sidara gains access to Wood's ~$6.5 billion order book, ~35,000 employees, and energy transition capabilities, while Wood exits public market pressure and gains access to Sidara's capital base and Gulf NOC relationships.Scotland NewsNorth Sea windfall tax debate heats up amid Iran war falloutAberdeen-based oil services company Wood Group has been taken over by Sidara for £240 million, completing on Monday following shareholder approval, amid geopolitical tensions from the US-Israel war on Iran that have boosted the appeal of UK North Sea assets. The deal, originally valued at £1.5bn last year, proceeded at a significantly reduced price after Sidara lost interest during market uncertainty, though the conflict has since driven Brent crude prices from around $60/bbl to $117/bbl before settling near $90/bbl. North Sea producer Harbour Energy has seen its share price rise from 185.9p to 265.6p this year, prompting US private equity giant EIG to sell a £153m stake, while industry leaders renew calls for the 2022 windfall tax to be scrapped or reformed.Scotland NewsMiddle East firm completes deal for Aberdeen-based WoodJohn Wood Group, the Aberdeen-based Scottish engineering group with North Sea oil and gas heritage, has been formally taken over by Sidara, a Middle East-based firm, in a deal valued at approximately £240 million. The acquisition marks Sidara's entry into the UK engineering services market and has been described by the buyer as its most ambitious venture to date. The completion of this takeover transitions one of Scotland's established energy sector companies into foreign ownership.The IndependentEngineering giant fined £13m by financial watchdog over inaccurate accountsThe FCA fined Wood Group £13 million for publishing misleading financial reports for 2022, 2023, and the first half of 2024, with the regulator finding the company failed to take reasonable care in ensuring its announcements were not false or misleading. The accounting errors caused a suspension of Wood Group's shares and an 85% plunge in its share price by April 2025, while an independent review by Deloitte identified material weaknesses in the company's financial culture. Wood Group was subsequently acquired by Dubai-based Sidara for £216 million in early 2025, after Sidara lowered its bid following the regulatory investigation.CityAMWood Group hit with £13m fine as engineering titan set to exit CityJohn Wood Group has been fined £13m by the Financial Conduct Authority after an investigation found the company published inaccurate financial results for 2022, 2023, and the first half of 2024, with accounting judgements improperly influenced by a desire to maintain previously stated results. The London-listed engineering firm, which saw its share price sink over 70% since November 2024, is set to exit the London Stock Exchange following the formal completion of its £216m takeover by Dubai-based Sidara.Business DailyPrivate cars to be barred from JKIA main terminal in upgrade planKenya Airports Authority (KAA) has commissioned Sidara, a private consulting firm, to develop a masterplan for upgrading Jomo Kenyatta International Airport, which will see private cars barred from the main terminal area to free up space for expansion. The proposed changes aim to increase the airport's capacity from 7.5 million to 12 million passengers annually in the first phase, with a longer-term target of 22.3 million by 2029. KAA also plans to launch its own ride-hailing app to manage taxi services at the airport, featuring geofenced taxi ranks and automated driver dispatch.ZawyaUK's Wood Group secures $450mln funding from suitor SidaraWood Group has secured $450 million in funding from Dubai-based Sidara as part of a takeover bid. The deal is expected to finalize in the first half of 2026.EnrWood Group Red Ink Revealed Before Nov. 17 Buyout Deal VoteWood Group, a U.K.-based energy engineer-contractor, on Oct. 31 released its delayed 2024 and first-half 2025 financial results following an independent accounting and governance audit. The company reported a 38% decline in adjusted operating profit to $63 million and a 13% drop in revenue to $2.4 billion year-over-year. The results were required to proceed with a shareholder vote on Nov. 17 for the proposed $285-million acquisition by UAE engineering firm Sidara.