Sobha Realty doubled villa sales in H2 2020

Real estate developer achieves 70% of its targeted sales for 2020. Property developer Sobha Realty saw a significant rise in demand for...

Work on $1.3bn new terminal building at Kuwait International Airport reaches 40%

Project is moving at a steady pace despite the impact of the COVID-19 pandemic. Work on the new terminal building at Kuwait...

Nakheel says new Dubai Metro stations will benefit its communities

Stations at Jebel Ali, The Gardens, Discovery Gardens and Al Furjan will be up and running on New Years Day as part...

Exclusive: Can PPP regulations support private sector investment in infrastructure?

MECN speaks with senior associates from international law firm Pinsent Masons on the impact of Abu Dhabi’s recently issued procurement guidelines and...

Work on several key industrial, economic and infrastructure projects at Sur Industrial City to begin in early 2021

Investments in industrial city have now hit $5.3bn, up 0.67% compared to same period last year. Omani authorities have said that work...

Yellow Door Energy notches up $41 million worth of region projects in 2020

Leading sustainable energy provider reveals busy fourth quarter with 15 megawatts of solar agreements worth more than $10 million of investment announced....

$1bn financing kicks off world’s largest solar project

EDF Renewables and Jinko Power announce financing closure as construction begins in Abu Dhabi. A EDF Renewables and Jinko Power consortium says...

DEWA achieves savings of $77.5m through use of smart services

More than seven million transactions conducted from January to September this year, which helped reduce carbon emissions by 24,000 tonnes. Dubai Electricity...

Masdar completes financing for ‘landmark’ 100MW Nur Navoi Solar Project in Uzbekistan

Mubadala Investment Company announces financial close on Uzbekistan’s first successfully-financed independent power producer (IPP) project. Masdar has completed the financial close of...