Abu Dhabi-based artificial intelligence company G42 and the American technology firm Cisco have entered into an initial agreement to explore opportunities in AI infrastructure development. This partnership signifies a step towards enhancing AI capabilities in the region. In addition to focusing on AI infrastructure, the two companies have agreed to collaborate on developing cybersecurity solutions....
The first phase of Dubai’s new Al Maktoum International Airport (AMIA) is slated for completion by 2032. This significant development was announced by Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation, who emphasized that the initial phase will involve the construction of a new passenger terminal along with four concourses. Credit: Dubai Eye...
At the Global Leadership Forum held in Madrid, Spain, His Excellency Eng. Maysarah Mahmoud Eid, Director General of the Abu Dhabi Projects and Infrastructure Centre (ADPIC), presented Abu Dhabi’s strategic approach to infrastructure development. The event, organized by the International Federation of Consulting Engineers (FIDIC), highlighted the essential role of infrastructure in achieving the social,...
Abu Dhabi National Energy Company (TAQA) has officially announced its acquisition of the UK-based energy and utility investment platform, Transmission Investment (TI). This platform is known for its significant role in the offshore transmission (OFTO) market, particularly for its assets that connect offshore wind farms to the UK electricity grid. TI currently manages assets worth...
UAE entities, especially sovereign wealth funds (SWFs), have a significant opportunity to address Brazil’s pressing infrastructure needs while fostering mutual economic growth, according to Luis Fernando Eleutério Lopes, partner and chief economist at Patria Investments. The diplomatic relationship between Brazil and the UAE, which began fifty years ago, has evolved into a robust partnership, characterized...
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...
A new access point to the Mall of the Emirates in Dubai opened today, significantly enhancing traffic flow for motorists in the area. This upgrade is expected to ease congestion and improve accessibility to one of Dubai’s major shopping destinations. The new route allows drivers to enter the mall from Sheikh Zayed Road, which is...