Mawani signs agreement to setup $266mn integrated logistics park in Al Khumrah

The Saudi Ports Authority (Mawani) has signed an agreement with Jeddah Chamber of Commerce and Industry to set up an integrated logistics...

Construction

Mawani and Maersk break ground on $346mn logistics park

The Saudi Ports Authority (Mawani) and Maersk have broken ground on what’s billed as the latter's largest comprehensive logistics zone in the...

Industry News

2023 could be tough for cement producers says World Cement Association Director

2023 could be a challenging year for the cement industry according to World Cement Association (WCA) Director, Emir Adiguzel. He made the...

Construction

Mawani kicks-off $1.86bn upgrade at King Abdulaziz Port in Dammam

The foundation stone for the upgrade and development of two container terminals at King Abdulaziz Port in Dammam has been laid by...

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...

Industry News

Dana Steel announces major new facility in Abu Dhabi

Khalifa Economic Zones Abu Dhabi (Kezad) has announced signing a preliminary agreement with Dana Steel, the flagship manufacturing unit of industrial conglomerate...

Construction

Metal Park set to offer integrated logistics at new commercial development

A state-of-the-art 450,000 sq. m. integrated Metal Park, designed to help leading companies adapt to market demand without infrastructure constraint, will be...

Construction

UAE President inaugurates $1.08bn Khalifa Port expansion

His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, has inaugurated Khalifa Port’s expansion – a major development project...

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...