The Dubai Municipality has successfully completed a two-kilometre-long Dubai Creek wharf on the Deira side, with the project costing AED 112 million. This initiative is designed to enhance the quay’s infrastructure, improve operational efficiency, and boost the commercial and tourism appeal of the historical waterway. Significant upgrades included raising the retaining wall height to 8.3...
Bahrain’s investment firm, Investcorp, will invest $550 million into an infrastructure project at Oman’s Port of Duqm. This funding will be facilitated through Investcorp’s dedicated infrastructure platform. Investcorp Aberdeen Infrastructure Partners, a joint venture between the Gulf company and Aberdeen plc, will partner with the Port of Duqm Company, the DEME Group, and Port of...
Kapsch TrafficCom has been awarded a significant contract for the implementation and maintenance of five tunnels by the Sharjah Roads & Transport Authority (SRTA) in the United Arab Emirates. This project aims to enhance operational efficiency, safety, and regulatory compliance for the tunnel systems, which connect the economic hub of Khorfakkan to the rest of...
Dubai’s Roads and Transport Authority (RTA) has announced the release of 116 tenders aimed at encouraging private sector participation, including small and medium enterprises (SMEs), until the end of 2025. This initiative is part of the Dubai Government’s Public-Private Partnership Strategy for 2024-2026, which is designed to stimulate economic growth in the emirate. The tender...
The United Arab Emirates recently hosted the inaugural BRICS group event focused on infrastructure financing, held in Abu Dhabi on May 5 and 6, 2025. The UAE’s Ministry of Finance organized this significant meeting, which included the Public-Private Partnership Working Group’s discussions within the BRICS financial framework. The event attracted a distinguished gathering of senior...
His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, the Supreme Council Member and Ruler of Sharjah, has approved a budget of AED 42 million for the construction of internal roads in the Al Ramaqiah and Al Suwaihat areas. This funding includes AED 27 million designated for the Al Ramaqiah area and AED 15 million...
The Roads and Transport Authority of Dubai (RTA) has announced plans to complete 57 major road projects by 2027 in an effort to reduce traffic congestion. This initiative comes after a review of the latest plans by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai, and aims to...
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Chairman of The Executive Council, recently reviewed critical road infrastructure projects being developed by Dubai’s Roads and Transport Authority (RTA). These initiatives aim to improve traffic flow and mobility throughout the emirate, with a completion deadline set for 2027. During the...
The Saudi Investment Recycling Company (SIRC), which is a wholly owned subsidiary of the Public Investment Fund (PIF), has officially signed a memorandum of understanding (MoU) with the US-based EIG Management Company, LLC. This agreement aims to foster collaboration in investment and diversify funding sources for the development and operation of infrastructure projects linked to...
The partnership for this meeting was established between the Ministry of Foreign Affairs, the Ministry of Energy and Infrastructure, and Etihad Rail. The objective was to foster long-term strategic relationships in transport, infrastructure, logistics, and railways. Discussions focused on sharing experiences from the UAE’s integrated railway system, which has been operational for over two years,...