Saudi Energy (formerly Saudi Electricity Company) said it has commissioned the world’s largest grid-side grid-forming Battery Energy Storage System (BESS) project with a total installed capacity of 2.5GW, utilising BYD’s advanced energy storage technology across five strategic locations in Saudi Arabia.
The first phase of the UAE-US AI Campus in Abu Dhabi is expected to become operational before the end of this year, marking a significant milestone in the UAE's drive to establish itself as a global hub for artificial intelligence infrastructure and advanced computing.
Dubai’s residential property sector continued to soften in May, with sales activity easing across both the off-plan and ready sectors, shows news data from Cavendish Maxwell.
Global steel excess capacity continues to grow, driven by increasing subsidies in some major non-OECD steel-producing economies, while efforts to restore fair competition are increasingly undermined by circumvention of trade measures aimed at levelling the playing field, according to a new OECD report.
The clean energy production capacity of Dubai Electricity and Water Authority (DEWA) now accounts for more than 21.5% of its total energy production capacity, said Saeed Mohammed Al Tayer, MD and CEO of DEWA.
Jayasom, the global integrative wellness hospitality brand, is set to open its inaugural flagship property at Amaala on Saudi Arabia’s Red Sea coast in the coming months. Spanning over 7,000 sqm, Jayasom seamlessly embraces an “East meets West” wellness philosophy.
Dubai’s Roads and Transport Authority (RTA) has confirmed the full operational readiness of air-conditioned rest areas for delivery riders ahead of the summer season. Maintenance and preparatory works have been completed across all the 40 rest areas designated for delivery riders in Dubai.
Swedish conglomerate Alfa Laval has appointed Alban Hohmann‑Schauly as its new Vice President of Energy unit for the Middle East, South & East Africa region. With over 16 years global experience in the energy and digital infrastructure, Alban has built a strong track record in market analysis and customer segmentation.
McDermott, a premier provider of engineering and construction solutions to the energy industry, has been selected by Saudi oil giant Aramco as one of the 11 selected contractors for project management consultancy to support delivery of large-scale energy, petrochemical and low carbon projects across the kingdom.
WOW Resorts has signed China Road and Bridge Corporation (CRBC), one of the world's largest international engineering and construction groups, to build the highly anticipated JW Marriott Al Marjan Island Resort and JW Marriott Residences Al Marjan Island in Ras Al Khaimah.
