Adnoc & ADQ to establish new JV firm to develop in-country industrial projects

Adnoc will hold a 60% majority equity share in the JV, while ADQ will have the remaining stake. A joint venture (JV)...

Year ahead will present challenges we have not seen before, says Pinsent Masons ME’s Catherine Workman

Regional head says firm is set to continue to do 'business in the right way and for the right reasons'. The head...

Opinion: Out of crisis comes opportunity

Bishoy Azmy, CEO of ASGC, shares his views on the impact of the Coronavirus on the industry and the need to embrace...

Historic Mars mission represents a starting point into a new era for UAE, Eltizam COO

The 'Hope Probe' is on track to reach Mars orbit early next year to coincide with the UAE's 50th founding anniversary as...

Coronavirus: Kuwait scraps plans for $1.4bn solar plant due to COVID-19 pandemic

Plant was originally planned for the Al-Shagaya renewable energy complex. Kuwait has cancelled plans to construct the Al Dabdaba solar plant, which...

Egypt to invest $10.3bn into housing over the next three years

Country plans to build 765,000 including 60,000 middle-income housing units as part of One Million Housing Initiative. The Egyptian government has announced...

Saudi authorities announce $800bn Riyadh expansion plan

Sustainability a major focus under the new plan to create mega industrial zone focusing on renewables and automation, and biotechnology and aquaponics....

Coronavirus: Mass exodus of expat workers hits Kuwait property market

Impact of COVID-19 pandemic and government’s nationalisation policy blamed for exodus of expatriates. As thousands of expatriates and their families leave Kuwait...

Qiddiya Investment Company to award $2.66bn in construction contracts

Giga-project in Riyadh is part of the Saudi Vision 2030 programme that aims to diversify the Kingdom's economy away from oil. Qiddiya...

Bahrain begins summer outdoor work ban from July 1, 2020

Minister emphasises need to provide workers with the best equipment to protect them from potential occupational problems related to hot and humid...

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