The Dubai Electricity and Water Authority (DEWA) has revealed that the total value of its 132kV transmission projects has reached AED 2.1 billion. This announcement was made by HE Saeed Mohammed Al Tayer, the Managing Director and CEO of DEWA. The authority commissioned 13 new 132kV substations with a conversion capacity of 1 950 megavolt-amperes...
Emirates NBD Egypt announced on Monday that it has signed a financing agreement worth 3 billion Egyptian pounds, approximately $59 million, with the National Authority for Tunnels (NAT). This deal is aimed at providing long-term credit facilities to support the development of public transportation projects in Egypt. The agreement was formalized by Tamer Ragheb, the...
The Roads and Transport Authority (RTA) of Dubai has recently signed nine new cooperation agreements with key property developers and free zone authorities in the emirate. These agreements are aimed at streamlining the approval process for infrastructure projects and managing activities within public roads and right-of-way areas, ultimately enhancing road safety. Among the notable signatories...
Khalifa Economic Zones Abu Dhabi (KEZAD Group) and its strategic client Metal Park have announced the launch of a new storage hub valued at AED 110 million. This development is expected to enhance logistics capabilities in the region and support the growing demand for storage solutions. The new facility will span a significant area within...
Dubai Ports World (DP World) and the General Authority for Ports, known as Mawani, have unveiled a new advanced container terminal in Jeddah Islamic Port. This project represents a significant milestone in DP World’s expansion and development program, with an investment of 3 billion Saudi Riyals (approximately 800 million US dollars) aimed at modernizing the...
The Supreme Committee for Urban Planning, chaired by His Excellency Mattar Al Tayer, is accelerating Dubai’s development plans to enhance its position as a leader in quality of life. During the Committee’s 33rd meeting, they reviewed crucial strategies and projects that align with the Dubai 2040 Urban Master Plan, focusing on achieving the vision of...
Dubai has officially signed the agreement valued at AED 6 billion for the implementation of traffic solutions. The agreement was witnessed by Sheikh Ahmed bin Saeed Al Maktoum, the Chairman of Dubai Holding, and involves the Roads and Transport Authority of Dubai. This partnership aims to enhance traffic management and improve road safety across the...
Middle Eastern countries have secured $39 billion in investments and construction contracts from China under the Belt and Road Initiative (BRI) in 2024. This figure positions the region as the leading beneficiary of the infrastructure program, according to the China BRI Investment Report 2024, which is a joint effort by the Fudan International School of...
Morocco is set to construct a significant seawater desalination plant along its Northern Mediterranean coastline, aimed at enhancing drinking water supplies in the region. This initiative, reported by a local newspaper, highlights the ongoing efforts to address water scarcity issues in the area. The desalination facility, located in the port city of Tangier, is designed...
The Integrated Transport Centre, known as Abu Dhabi Mobility, in collaboration with Abu Dhabi Maritime, part of AD Ports Group, has officially inaugurated the Al Aliah Island ferry terminal. This new facility aims to improve connectivity for Al Aliah Island and support local development by providing easier ferry access. The terminal is designed to meet...