A recent report indicates that Qatar, which successfully hosted the 2022 FIFA World Cup, is contemplating the possibility of hosting the 2029 FIFA Club World Cup. This potential event is being considered for the winter months, following feedback from clubs regarding high temperatures experienced during the current tournament. According to the report, representatives from Qatar...
The Abu Dhabi Fund for Development (ADFD) has signed a significant financing agreement worth AED752 million ($205 million) with the Gulf Cooperation Council Interconnection Authority (GCCIA) to facilitate the expansion of the GCC power grid interconnection with the UAE’s national electricity network. This project is a crucial element of the UAE’s long-term strategy aimed at...
Azizi Group, a prominent developer based in Dubai, has established a new entity called Azizi Energy Investments, which will focus on developing and delivering power generation and energy infrastructure projects in emerging markets. The new venture signifies Azizi Group’s entry into the energy sector, with initial projects aimed at Asia, particularly Afghanistan. Headquartered in Dubai,...
Cisco has unveiled findings from its global networking study, highlighting a significant architectural shift in enterprise networks in the UAE. As organizations increasingly adopt artificial intelligence (AI), the Internet of Things (IoT), and cloud technologies, 98% of IT leaders in the UAE consider modernized networks crucial for their deployment. Furthermore, 97% of these leaders plan...
Mubadala Investment Company PJSC, a sovereign investor based in Abu Dhabi, has formed a partnership with the Abu Dhabi Projects and Infrastructure Centre (ADPIC) to explore strategic collaborations. This agreement aims to enhance the development of infrastructure projects in the region. Credit: WAM The partnership was officially signed in a ceremony attended by key officials...
The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has announced its five-year strategic plan along with the Capital Projects Roadmap for 2025-2029. This initiative aims to enhance infrastructure development in the emirate, aligning with the vision for future growth and sustainability. Credit: WAM The strategic plan outlines several key projects designed to improve the overall...
The Abu Dhabi Center for Projects and Infrastructure announced today the signing of memorandums of understanding (MOUs) with nine leading academic and professional institutions. This event took place during the first edition of the Abu Dhabi Summit, highlighting the center’s commitment to fostering educational partnerships. These agreements aim to enhance collaboration in areas such as...