UAE-based National Central Cooling Company (Tabreed) has reported solid results for the first-quarter with a revenue of AED486 million ($132.3 million) and a net profit of AED78 million ($21.2 million) for the three-month period. Its operational performance and cash generation remained resilient for Q1.
Abu Dhabi is set to host the world’s second Sphere, a futuristic venue that is transforming live entertainment through its massive spherical design, ultra-high-resolution wraparound screens and cutting-edge multi-sensory technology.
PG Real Estate, the boutique developer known for its design-led, low-density communities, has officially handed over PG One, its flagship mixed-use development in Al Furjan, Dubai, marking another major milestone in the company’s delivery-focused growth strategy.
Dubai Holding Real Estate has announced a strategic partnership with Huspy to provide customers of its brands - Nakheel, Meraas and Dubai Properties - with a more seamless and informed home financing experience.
Mohammed Bin Rashid Aerospace Hub (MBRAH), the aerospace platform of Dubai South dedicated to advancing the aviation industry, has launched its Light Industrial and Maintenance Complex, reinforcing its commitment to meeting growing demand across the sector.
A delegation of Dubai Investments has held a high-level meeting with Dr Khalfan bin Saeed Al-Shuaili, Minister of Housing and Urban Planning of Oman, exploring potential investment opportunities in Oman.
Sdeira Group has signed a memorandum of understanding with Metal Park, the world’s first pay-as-you-go metals ecosystem located in Abu Dhabi's KEZAD, to co-develop a customised staff accommodation community in the zone's Al Mamourah A dedicated to Metal Park’s companies and the wider metals manufacturing and operations base.
Global Infrastructure Partners (GIP), a part of BlackRock, will partner with L’IMAD, the Abu Dhabi National Oil Company (ADNOC) and Temasek, to launch an infrastructure investment partnership which will capitalise on the growing opportunities across the GCC and Central Asia.
Abu Dhabi Projects and Infrastructure Centre (ADPIC) has confirmed that it is overseeing more than 500 capital projects across a broader programme value of $200 billion, with more than 40,000 homes set for delivery by 2029.
The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has announced a new infrastructure governance framework designed to accelerate approvals, strengthen coordination and enhance delivery across Abu Dhabi’s capital project ecosystem.
