Egypt partners with Trafigura to expand Nag Hammadi Aluminum Complex

Egypt has signed a strategic partnership agreement with Trafigura, a commodities trading company, to expand the Nag Hammadi Aluminum Complex. The investment...

Industry News

AD Ports Group signs MoU with Azcon Holdin

AD Ports Group has announced a collaboration agreement with Azerbaijan Transport and Communications Holding (Azcon Holding) to explore opportunities across ports, shipping,...

Property

K Developments launches Palencia Plaza in Shorouk City

K Developments has launched Palencia Plaza, a mixed-use project in Shorouk City, east Cairo. The project is estimated to have investments of...

Infrastructure

Drone attack causes fire in FOIZ on afternoon of 4 May

Fujairah authorities said that a fire broke out at the ⁠Fujairah Oil Industry Zone (FOIZ) on the afternoon of 4 May, following...

Infrastructure

GCC leaders call for quicker implementation of rail, energy, and water infrastructure

The 19th GCC Consultative Meeting, chaired by Crown Prince Mohammed bin Salman in Jeddah, concluded with a directive to expedite the implementation...

Infrastructure

Work starts on Riyadh’s Imam Muslim road development project

The Royal Commission for Riyadh City (RCRC) has announced that work has started on the Imam Muslim road development project, a key...

Infrastructure

DEWA achieves record for lowest electricity customer minutes lost at 49 seconds per year

The Dubai Electricity and Water Authority (DEWA) has set a new world record for the lowest electricity customer minutes lost (CML), at...

Infrastructure

Danway signs contract for substation in Madinah

Danway Saudi Arabia Contracting Company has announced that it has signed a contract with National Grid SA, a key subsidiary of Saudi...

Industry News

Hassan Allam Holding acquires MetiPro

Hassan Allam Holding has agreed to acquire MetiPro, the engineering, procurement, and construction arm of Metito group. The acquisition forms part of...