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Emaar buys out Dubai Holding stake in Dubai Creek Harbour for $2.04bn
His Highness Sheikh Mohammed bin Rashid al-Maktoum’s personal investment vehicle, Dubai Holding, will become the second largest shareholder in the developer. Developer...
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KSA opens expanded Salwa border crossing facility ahead of Qatar World Cup
Salwa port is one of the most important as it witnesses the exchange of goods and the transit of individuals between Saudi...
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Hill International appointed to provide PMC services for Aldar Properties’ projects
Consultancy will support Phase One of The Grove Project and Phase Two of Al Reeman Residences and Reeman Living. Hill International has...
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NineDot launches Tesla Megapack-based 12.32MWh energy storage site in New York City
The project received $1.2mn in financing from NYSERDA and aligns with the city’s goal of 6,000MW of energy storage by 2030. Clean...
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South Korea’s SeAH and Aramco set up specialised steel project
Construction of the factory will commence in Q4 2022, with production targeted for H1 2025. South Korean steel giant, SeAH Group, has...
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TAQA reports a 50% increase in net income to $1.17bn for H1 2022
Strong performance underpinned by stable contracted and regulated utilities business, and buoyant commodity prices. Abu Dhabi National Energy Company (TAQA) has reported...
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2022 Big Project ME Awards to recognise excellence in construction on 15 December
The annual awards event will recognise the best companies, individuals and projects across 21 different categories. 15 December will be the day...
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Al Bateen Executive Airport recommences full operations
The facility had been closed to all aircraft except helicopters since 11 May 2022. Al Bateen Executive Airport in Abu Dhabi has...
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Realising green hydrogen’s potential
Youssef Merjaneh, Managing Director of Black & Veatch EMEA, looks at the type of projects that will foster the MENA’s hydrogen economy....
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KSA’s NWC to roll out 1,429 water sector projects worth $28.4bn
Roll out of water and environmental infrastructure projects is the water distribution sector’s largest ever package of projects. Saudi Arabia’s National Water...
