Saturday 2 August 2014

Abu Dhabi launches $7 billion Khalifa Port

Abu Dhabi launched operations at the $7.1 billion Khalifa Port on Saturday, seeking to diversify its oil-based economy with a project that could intensify competition for the region's shipping traffic with neighbouring emirate Dubai.


Abu Dhabi firm plans $200m extrusion plant

Taweelah Extrusion Company (Talex) said on Wednesday it was setting up an extrusion products plant at Abu Dhabi's new industrial zone with an investment outlay of Dh735 million ($200 million), as the oil-rich emirate works to diversify its eco


Abu Dhabi industrial zone lures Asian investors

Abu Dhabi's mammoth new industrial zone is wooing investors from Asia to set up shop and help the emirate diversify its economy away from oil, its top official said. Khalifa Industrial Zone Abu Dhabi (Kizad) at Taweelah, midway between


ESA ,Taweelah ink deal for foundation course

The Emirates Simulation Academy (ESA) has signed its first contract with Taweelah A1, a combined cycle gas turbine plant, which will enable Taweelah employees to take part in a foundation course at the ESA. The course looks at fundamentals


German firm wins Dolphin Energy deal

Germany’s Salzgitter Mannesmann International GmbH has won the Dolphin Energy Limited line pipe supply purchase contract. The contract involves supplying line pipe for Dolphin’s new Taweelah to Fujairah Gas Pipeline (TFP) across the UAE.


Abu Dhabi to seek financing for $10bn port

State-owned Abu Dhabi Ports Co. plans to spend about $10 billion building a port and industrial-zone infrastructure in the UAE for which it will need financing, the firm's CEO said on Wednesday. Abu Dhabi Ports may sell bonds, including sh


DP World boosts Abu Dhabi links

DP World has signed deals to operate Abu Dhabi’s Khalifa Port. The Abu Dhabi Ports Company (ADPC), DP World and Economic Zones World (EZW) have announced the signing of co-operation agreements, which will see DP World operating the Khalifa

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