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Alpha Dhabi acquires interest in NCTH

The deal increases NCTH's portfolio to 8 hotels with 1,500 keys.

Meraas awards construction contract

The $272m contract has been awarded for Bluewaters Bay.

SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

PIF acquires stake in Saudi Re

The acquisition was made by way of a capital increase.

Dubai closes in on top spot for sea trade

  • The investment to the tune of $38 million will go into building a network for sewerage, fire, storm water, telecommunication and roads
  • The new work on the infrastructure is in line with the Dubai Maritime Vision 2030, positioning the city to emerge as a premier international maritime hub

The city, with a rich history of trading with the world through sea, looks to emerge as one of the top maritime cities of the world with a new bout of investments in infrastructure.

The investment to the tune of $38 million will go into building a wide network for sewerage, fire, storm water, telecommunication and roads.

The new work on the infrastructure is in line with the Dubai Maritime Vision 2030, positioning the city to emerge as a premier international maritime hub.