Abu Dhabi Global Market celebrates record growth in 2020

Financial centre said it made significant achievements across core areas of FinTech, regulation, sustainable finance and arbitration. Abu Dhabi Global Market (ADGM)...

$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...

Tabreed acquiring Aldar’s Saadiyat Island district cooling companies for $261mn

Purchases will take Tabreed’s Abu Dhabi total cooling capacity to 655k RT from a total of 46 plants. Leading UAE-based international district...

Bahrain officially opens key new Shaikh Khalifa bin Salman highway interchange

Major infrastructure development project will expand country’s main road network and develop first-class infrastructure across Bahrain. Bahrain has announced the official opening...

Oman’s SEZAD signs agreement for $163mn fishing harbour in Duqm

Project will be located close to a food industries zone. The Special Economic Zone at Duqm (SEZAD) has signed an agreement with...

ACCIONA awarded $384m design and construction contract for Shuqaiq 1 desalination plant in KSA

SWCC awards ACCIONA and partner RTCC contract for 400,000m3/day capacity desalination plant that will provide south-west KSA with a new source of...

Kleindienst Group set to begin handover of units in Heart of Europe this month

Developer notes it is entering a new phase and will see prices increase by 4.5 times. The Kleindienst Group says it will...

GHD completes works on Hudayriyat Leisure and Entertainment District

Firm says it acted as the project management consultant, technical advisor, employer representative and engineer. Construction has been completed on the Hudayriyat...