A Gaza firm has been contracted to build an Emirati-funded compound for displaced Palestinians in a part of the territory under Israeli military control, reported Reuters. Spanning 74 acres near Rafa, it will be able to house tens of thousands of people in pre-fabricated trailer-style units stacked multiple storeys high.
Exus Renewables, a global energy solutions provider with a strong presence across Europe and North America regions, has signed an agreement with Abu Dhabi clean energy leader Masdar to acquire a 60% stake in a portfolio of nine wind farms in Portugal.
Dubai’s real estate market is transitioning from the sharp acceleration of recent years into a more mature and sustainability-led growth phase, said an industry expert. While activity levels remain robust, the latest figures point to quality-driven demand across buyer segments.
ALAS Emirates Ready Mix, a leading ready-mix concrete supplier in the UAE and the largest in Abu Dhabi, has entered an agreement with Dubai Industrial City, part of TECOM Group, to develop a new facility in the region’s premier manufacturing and logistics hub.
Barakat Group, a leading UAE fresh food and juice producer, has announced that work has begun on its new manufacturing facility in Khalifa Economic Zones Abu Dhabi (Kezad) that will produce industrial-scale halal baby food. It is projected to create 200 direct jobs, spanning manufacturing, food safety and logistics sectors.
Etihad Rail has now revealed new details on what passengers can expect when the UAE’s national passenger rail network starts services later this year.
Leading Saudi utility company Marafiq has announced that its consortium - comprising partners Veolia Middle East and Lamar Arabia Energy - has achieved financial close for the $500 million Amiral Industrial Wastewater Treatment and Reuse Project in Jubail Industrial City II.
Abu Dhabi has signed a Twin City agreement with Baku to deepen co-operation across urban planning, mobility, public transport and green infrastructure initiatives. This builds on the Comprehensive Economic Partnership (CEPA) and the strategic partnership between UAE and Azerbaijan.
Ithmaar Development Company (IDC) has announced that work has been completed on the pontoons and floating facilities at its premium project Dilmunia Marina in Bahrain in co-operation with United Marine Trading, a specialist in marina design, construction, and maintenance of marinas.
UK-based LOBO Systems has completed its first deployment of modular work-at-height platform system in Saudi Arabia, thus marking a significant milestone in the continued international expansion and formal entry into the Middle East industrial market.
