IMKAN awards Al Dhabi Contracting $64.2m contract for Phase One of Al Jurf

Contractor will build 146 residential units and two show villas over an area of 57,851sqm in Al Jurf Gardens. IMKAN, the Abu...

Coronavirus: Fujairah Ruler unveils fee and tax waivers in response to COVID-19

Resolution supports businesses that have been impacted due to preventative measures restricting commercial activities. HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme...

Malaysia’s Eversendai partners with Hyundai E&C for RAK modular construction work

Projects secured by alliance will be carried out at 200,000sqm waterfront fabrication yard in RAK Maritime City in Ras Al Khaimah. Eversendai,...

Masdar Energy UK refinances stake in London Array offshore wind farm

Masdar Energy UK has announced that it has refinanced its stake in the 630 MW London Array offshore wind farm. The refinanced...

Apicorp announces $500 million support package to mitigate energy sector challenges

Apicorp, Fund, COVID-19, Coronavirus, Oil Price fluctuations. Apicorp, the Arab Petroleum Investments Corporation, has launched a $500 million countercyclical support package aimed...

DEWA signs 25-year power purchase agreement for fifth phase of MBR Solar Park

To implement the project, DEWA establishes Shuaa Energy 3 in a 60:40 partnership with the consortium led by Acwa Power and GIC...

TRSDC identifies optimum location for overwater assets

Developer behind megaproject deploys unique techniques to safeguard the environment, in line with its sustainability goals. The Red Sea Development Company (TRSDC),...

ADQ assumes full ownership of NPCC

Holding company acquires the remaining 30% of shares previously held by Consolidated Contractors International Company. ADQ, one of the region’s largest holding...

Abu Dhabi’s Al Dhafra Solar PV project achieves world’s lowest tariff at USD 1.35 cents/kWh

The winning bid was submitted by a consortium formed by French energy group EDF and Chinese solar company JinkoPower. Abu Dhabi Power...

Sharjah’s DPW announces completion of 76 projects worth $53mn in Q1 2020

Projects are part of the developmental plans adopted by the emirate to ensure social welfare and economic wellbeing. The Sharjah Directorate of...

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