Türkiye will need to invest at least $80 billion in electricity infrastructure through 2035, said the country's power minister, adding that it has to focus on mobilising private capital, international financial institutions, development banks and long-term institutional investors.
As China and Egypt celebrate 70 years of diplomatic ties, green development is taking centre stage, with Power Construction Corporation of China (PowerChina) advancing wind power projects portfolio totaling over 1.8GW in Egypt while expanding into energy storage and local manufacturing.
Leading Saudi telecom services provider stc said one of its key units - specialised by stc - has been awarded Infrastructure Deal of the Year at the prestigious GBM Saudi Arabia Awards 2026, in recognition of its landmark SAR5.5 billion ($1.45 billion) telecom infrastructure financing.
Abu Dhabi has announced plans to host its first Water & Power Week in December, that will draw top policymakers, investors, utilities, tech firms and international organisations to discuss water security, infrastructure investment and innovation. The three-day will be held alongside the United Nations Water Conference 2026.
Dubai has approved the first phase of a 80-km New Fourth Corridor project linking Sharjah and Abu Dhabi, with the initial stage costing about AED3.5 billion ($953 million). To be implemented in two phases, the project scope includes construction of 72 bridges, 17 tunnels and 45 stormwater drainage culverts.
SAL Logistics Services has signed two agreements with CIMC’s Middle East and North Africa Regional Headquarters to explore new areas of collaboration in logistics solutions and infrastructure, logistics zone development, and attracting Chinese businesses and investments to the kingdom.
Mace Consult, a leading global delivery consultancy, is playing a key role in the delivery of the iconic Sayyid Tarik bin Taimur Cultural Complex in Muscat.
Oman's industrial estates operator Madayn has announced that its Suhar Industrial City has attracted more than RO214 million ($555 million) in investment commitments during the first half with 39 contracts signed for projects covering more than 1.1 million sq m area.
Saudi construction sector expanded for a third consecutive month in July, driven by stronger infrastructure and residential activity as new orders rose at the fastest pace in five months, according to the latest Saudi Construction Index compiled by leading financial services provider Alrajhi Capital.
Saudi Arabia has announced the opening of the 246-km Rafha-Hail Road, thus expanding the kingdom's transport network with a new route linking Rafha to Hail through the Hail-Baqaa Road. The road represents a vital artery within the kingdom's interregional road connectivity network.
