Search Site

Trends banner

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Dubai announces projects worth $6.8 billion

  • These are said to be part of a portfolio of public-private partnership or PPP projects
  • The investments were announced at the First Dubai International PPP Conference

The government of Dubai on Sunday, October 10, announced projects worth more than AED25 billion (around $6.81 billion).

These are said to be part of a portfolio of public-private partnership or PPP projects.

The investments were announced at the First Dubai International PPP Conference.

It was organized by the Department of Finance under the ongoing Expo 2020 Dubai.

The projects are said to include seven urban development projects worth AED22.58 billion ($6.15 billion).

They also include 14 road and transport projects worth AED2.39 billion ($650 million).

Eight projects in the health and safety at AED526 million ($143.2 million) are also said to be part of the portfolio of the projects.

The Dubai Media Office put out a tweet in this regard saying: “Dubai Government announces portfolio of public-private joint projects worth AED 25 billion during the 1st Dubai International PPP Conference organize by the Department of Finance under the umbrella of Expo 2020 Dubai [sic].”

Read the tweet here: