Blacksand Company, a Bahrain-based investment firm, said it has completed more than $250 million in UK real estate acquisitions and plans to launch a student accommodation fund worth over $160 million, thus bringing its total UK real estate investment activity to more than $400 million.
POWWR, an energy software provider, gas released its eighth Quarterly Energy Barometer Report, revealing that average energy usage has increased from just over 21 MwH of energy a year to just under 22 MwH.
Dar Global Capital Partners (DGCP), a unit of London-listed luxury developer Dar Global, has outlined a cross-border investment strategy targeting real estate opportunities across the GCC, Europe, UK and US. As part of this, DGCP is looking at setting up a dedicated Dubai-focused real estate opportunities fund.
Dubai-headquartered healthcare enterprise NUQAIM Holdings and London-based healthcare concierge The Medical Travel Company (TMTC) have signed a strategic partnership to establish a medical travel corridor connecting patients from the UK and Africa with healthcare services in the UAE.
British infrastructure development company Yamna is set to sign an agreement with Omani authorities for setting up a major artificial intelligence data centre in Salalah. A mega project for the region, the upcoming facility is likely to see an investment of over £1 billion ($1.3 billion) in the first phase, said a report.
The UK’s installed power capacity is projected to nearly double by 2035, with renewables accounting for 73 per cent of the generation fleet. GlobalData says faster grid connections, transmission investment and market reforms will be critical to delivering growth.
Arzan Wealth, an advisory firm regulated by the Dubai Financial Services Authority (DFSA), has announced the launch of its industrial portfolio in Cardiff and Wellingborough, thus marking a strategic expansion of its advisory activities into the British industrial real estate market.
Masdar, a clean energy leader, and Octopus Energy, an energy tech disruptor, have signed two Memoranda of Understanding (MOUs) for initiatives in the UK and Africa. Masdar and Octopus will look to work together to free up hidden capacity across the UK’s distribution network to power the next generation of data centres.
A new VisitBritain/VisitEngland report, Economic Value of Tourism in the United Kingdom, highlights tourism’s crucial role in the UK economy, contributing £147 billion ($198 billion) annually—around 5 per cent of GDP—through direct and supply chain impacts.
Masdar, Abu Dhabi energy company, and RWE, a leader in renewable energy, have been awarded Contracts for Difference (CfDs) for the Dogger Bank South (DBS) offshore wind farms.
