Ethiopian Airlines to build $5bn airport city

Ethiopian Airlines generated $4bn in 2019 from 12 million passengers and 432,000 tons of freight. Ethiopian Airlines is to start building a...

ADDC to supply recycled water to Abu Dhabi’s Saadiyat Island

ADDC has connected Saadiyat Island to the existing recycled water network from Yas Island. Abu Dhabi Distribution Company (ADDC) has said that...

UAE’s first green REIT value could be as much as $272mn

Sustainable real estate investment trust (REIT) unveiled with an initial valuation between $258 million and $272 million.. Masdar has announced that it...

Tabreed acquires Masdar City district cooling plants

Deal is said to represent a major milestone in Tabreed’s strategy of providing efficient cooling to sustainable cities around the world.. The...

Masdar to build 145MW floating solar PV plant with PLN

Indonesia is said to be the largest user of energy in the Asean region. Masdar has inked a power purchase agreement (PPA)...

Bee’ah partners with Tabreed to develop district cooling plants in Sharjah

Firms will increase the practice of using energy-efficient district cooling techniques at large projects in Sharjah. Bee’ah has signed a partnership agreement...

Arada says that sales rose by 33% in 2019 compared to previous year

Significant investor interest in $6.5bn Aljada project drove increase, developer says. Arada, the UAE-based real estate developer, has said that its sales...

HINO trucks are the backbone of booming fuel delivery sector, says AF Automotive Group’s Hamdan

Al-Futtaim’s Commercial Vehicle Division delivered over 220 HINO light-duty trucks to fuel delivery operators in 2019. Ramez Hamdan, general manager, HINO, Al-Futtaim...