Abu Dhabi Global Market celebrates record growth in 2020

Financial centre said it made significant achievements across core areas of FinTech, regulation, sustainable finance and arbitration. Abu Dhabi Global Market (ADGM)...

Masdar completes financing for ‘landmark’ 100MW Nur Navoi Solar Project in Uzbekistan

Mubadala Investment Company announces financial close on Uzbekistan’s first successfully-financed independent power producer (IPP) project. Masdar has completed the financial close of...

Tabreed acquiring Aldar’s Saadiyat Island district cooling companies for $261mn

Purchases will take Tabreed’s Abu Dhabi total cooling capacity to 655k RT from a total of 46 plants. Leading UAE-based international district...

Emaar Development names new chairman and vice-chairman of company board

Adnan Kazim and Dr Aisha Bint Butti Bin Bishr appointed as chairman and vice-chairman of the board following Mohamed Alabbar setting down...

MOCCAE launches UAE’s Environmental Policy

Policy was approved by UAE Cabinet in late November. The Ministry of Climate Change and Environment (MOCCAE) has launched the UAE’s Environmental...

Orascom Development Egypt to sell entire stake in New City Housing and Development for $8.2m

Decision is in line with company’s non-core assets divestment strategy . Orascom Development Holding, the developer of integrated towns with a strong...

Lootah launches virtual platform that allows ‘fractional ownership’ of properties

Lootah has made its property in Jumeirah Village Circle - The Waves available on the virtual investment platform. Lootah Real Estate Development...

Sharjah Municipality signs MoU with American Concrete Institute

Sharjah Municipality to work with the American Concrete Institute to review the latest standards for the concrete industry, as part of the...

AECOM to build The Red Sea Project airport

Work is set to begin from next month, following the completion of essential groundwork, AECOM notes. Global infrastructure firm AECOM has announced...

Eni reaches agreement to restart LNG plant in Egypt

Eni has signed a series of agreements with the Arab Republic of Egypt (ARE), the Egyptian General Petroleum Corporation (EGPC), the Egyptian...

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