Apex Engineering Industries and KEZAD sign US $24.5mn deal

KEZAD Group and UAE-based Apex Engineering Industries have signed a 50-year land lease agreement for the establishment of a state-of-the-art facility in...

Construction

Construction of Tesla Megapack battery begins in Shanghai

Construction has kicked off on a factory that will be able to produce 10,000 Tesla Megapack battery storage units a year. The...

Construction

Waja Company to set-up e-car factory in Egypt

Saudi-based Waja Company has announced plans to set up a new venture in Egypt, dedicated to producing and manufacturing electric cars. The...

Property

Phase One of Ibri Industrial City officially under way

Oman's Public Establishment for Industrial Estates (Madayn) has announced the launch of the first phase of Ibri Industrial City in Al Dhahirah...

Construction

Bahrain’s Alba achieves milestone on PS5 Block 4 Project

Aluminium Bahrain (Alba) has announced it has achieved a milestone on its Power Station 5 (PS5) Block 4 Project, following the arrival...

Construction

MoU inked to develop $6.4bn battery manufacturing complex in Morocco

A memorandum of understanding (MoU) between Hefei-based Gotion High-Tech and Moroccan officials has been inked. The MoU opens the door for the...

Energy

PowerBar Gulf up-scales presence in Rakez

PowerBar Gulf has successfully expanded its production facility in Ras Al Khaimah Economic Zone (Rakez) to address the growing regional demands for...

Construction

Aramco, PIF and Baosteel enter into major steel-focused partnership

Aramco and the Public Investment Fund (PIF) have joined forces with Baosteel, the world’s largest steel conglomerate, to establish an integrated steel...