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Ethiopian Airlines to build $5bn airport city
Ethiopian Airlines generated $4bn in 2019 from 12 million passengers and 432,000 tons of freight. Ethiopian Airlines is to start building a...
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ADDC to supply recycled water to Abu Dhabi’s Saadiyat Island
ADDC has connected Saadiyat Island to the existing recycled water network from Yas Island. Abu Dhabi Distribution Company (ADDC) has said that...
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UAE’s first green REIT value could be as much as $272mn
Sustainable real estate investment trust (REIT) unveiled with an initial valuation between $258 million and $272 million.. Masdar has announced that it...
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Tabreed acquires Masdar City district cooling plants
Deal is said to represent a major milestone in Tabreed’s strategy of providing efficient cooling to sustainable cities around the world.. The...
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Masdar to build 145MW floating solar PV plant with PLN
Indonesia is said to be the largest user of energy in the Asean region. Masdar has inked a power purchase agreement (PPA)...
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Bee’ah partners with Tabreed to develop district cooling plants in Sharjah
Firms will increase the practice of using energy-efficient district cooling techniques at large projects in Sharjah. Bee’ah has signed a partnership agreement...
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HINO trucks are the backbone of booming fuel delivery sector, says AF Automotive Group’s Hamdan
Al-Futtaim’s Commercial Vehicle Division delivered over 220 HINO light-duty trucks to fuel delivery operators in 2019. Ramez Hamdan, general manager, HINO, Al-Futtaim...
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Exclusive: James Baker says graphene can disrupt different industries
Firm is looking at graphene commercialisation through its partnership with Masdar. Graphene is a disruptive technology that could open up new markets...
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ADFD allocates $105m for 8 renewable energy projects in partnership with IRENA
Projects range from Antigua and Barbuda to Cuba, Maldives, Nepal and Chad. The Abu Dhabi Fund for Development (ADFD) has confirmed the...
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CBRE sees rise in villa supply for Bahraini residential sector
6,200 freehold villas on the market as of Q4 2019, with mid- to high-end buyers targeted. Bahrain’s residential sector has recorded about...