ADNOC and thyssenkrupp to develop large-scale ammonia projects in partnership

ADNOC has signed a Memorandum of Understanding (MoU) with thyssenkrupp Uhde - the German-based subsidiary of thyssenkrupp Group and a specialist in...

Sustainability

Emirates Global Aluminium announces Aluminium Recycling Coalition

The Aluminium Recycling Coalition has been launched by Emirates Global Aluminium (EGA). The coalition was launched at EGA's facility in Al Taweelah...

Financial

PIF and Ma’aden sign JV to establish new entity to invest in global mining assets

Saudi Arabia’s Public Investment Fund (PIF) and the Saudi Arabian Mining Company (Ma’aden) have signed a joint venture (JV) agreement to establish...

Property

GCC real estate market to see $1bn in investments in five years from Investcorp

Alternative investment firm Investcorp plans to invest up to $1bn in the GCC real estate market over the next five years, the...

Financial

Sheikh Mohammed bin Rashid launches the Dubai Economic Agenda ‘D33’

The Dubai Economic Agenda ‘D33’ has been unveiled by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister...

Infrastructure

Etihad Rail in new partnership deal with Borouge

Etihad Rail has reached an agreement with UAE petrochemical company Borouge, to transport 1.3m tonnes of polyolefins annually from its petrochemical complex...

Industry News

Andrew Elliott appointed to lead new commercial division at Chestertons

Real estate services firm Chestertons has appointed Andrew Elliott to lead its new commercial office, retail and industrial sales and leasing division....

Construction

Saudi Arabia to build iron and steel projects worth $9.31bn

Saudi Arabia plans to build three projects in the iron and steel sectors with a combined production capacity of 6.2m tonnes, according...

Construction

‘Suppliers Complex’ at MBR Aerospace Hub to be handed over in September

The region’s first vertical aerospace complex, the Suppliers Complex, is scheduled to be completed in September according to the Mohammed Bin Rashid...