KSA’s NWC to roll out 1,429 water sector projects worth $28.4bn

Saudi Arabia’s National Water Company (NWC) has announced plans to roll out 1,429 projects – collectively worth more than $28.4bn - for...

Construction

Sheikh Rashid Bin Saeed Corridor Improvement Project 75% complete says RTA

Dubai’s Roads and Transport Authority (RTA) has announced that the Sheikh Rashid Bin Saeed Corridor Improvement Project has reached the 75% completion...

Infrastructure

$3.4bn ADNOC Drilling contracts set to enable gas self-sufficiency for the UAE

Abu Dhabi National Oil Company (ADNOC) has announced two contracts totalling more than $3.4bn have been awarded to ADNOC Drilling, for the...

Infrastructure

Smart solutions are a priority for DEWA

Dubai Electricity and Water Authority (DEWA) believes artificial intelligence (AI) is the answer to improving the efficiency of Dubai’s water network, monitoring...

Infrastructure

Oman’s Rakiza receives capital commitment of $298mn from Saudi’s PIF

Rakiza, the Omani private equity infrastructure fund investing in the Sultanate and Saudi Arabia, has received a capital commitment of $298mn from...

Infrastructure

UAE’s Masdar backs flagship Azerbaijan project with $21.4m financing

Masdar Azerbaijan Energy LLC (MAE) has signed a $21.4mn loan agreement with the Asian Development Bank (ADB) to finance its 230MW Garadagh...

Construction

Adroit Canada and Al Amir Foods invest $54.5mn in Jebel Ali’s Agri Terminal

The latest news from DP World is that two important projects have just been signed, both involving agricultural commodity processors, which are...

Construction

Rosatom begins onsite works on Egypt’s first nuclear plant

Works are underway on Egypt’s first nuclear reactor, with specialist Rosatom beginning the process of pouring the over $25bn plant’s concrete base....