UN official urges $4bn humanitarian aid for cash-strapped Syria
Beirut, Lebanon - A UN official on Friday appealed for about $4 billion in humanitarian assistance for Syria, warning funding was almost non-existent and that lack of support would push more Syrians to emigrate. Syria's war, which began 13 years ago with the repression of anti-government protests, has killed more than...
UAE and Hungary to collaborate in energy sector
UAE Energy Strategy 2050 aims to increase the contribution of clean energy in the total energy mix from 25 per cent to 50 percent.Contracts worth $2.3 bn awarded across Aldar development projects
Aldar Properties (Aldar) said on Tuesday that contracts worth more than AED8.5 billion ($2.3 billion) were awarded across its development projects in 2021. Sixteen contracts were awarded spanning infrastructure, residential, commercial, and mixed-use projects in Abu Dhabi. They were awarded to 14 different UAE-based contractors, resulting in a significant contribution...Which GCC countries have largest renewable capacity?
From solar farms to wind energy, the infrastructure is being put in place at varying paces by GCC nations.Oman signs three agreements worth $244m with Saudi Fund for Development
Oman has signed three agreements RO 94 million ($244 million) with the Saudi Fund for Development (SFD) for supporting SMEs and infrastructure development. The first MoU dealt with supporting small and medium enterprises (SMEs) through a soft loan portfolio of RO 57.6 million catering to SME projects in governorates. The...DEWA presses into service 1310 power stations in Dubai
Dubai Electricity and Water Authority (DEWA) has pressed into service 1,310 new 11 kv power distribution stations across Dubai in 2021.Ajman’s $656m budget for 2022 focused on infrastructure, community facilities
Ajman's budget of AED2.41 billion ($656m) for 2022 has been approved by the emirate's ruler Sheikh Humaid bin Rashid Al Nuaimi, with infrastructure, community facilities and the environment accounting for 39 percent of the total allocation. Economic affairs (34 percent), public services (19 percent) and public order and safety (eight...Dubai government approves budget for 2022-24
Sheikh Mohammed bin Rashid Al Maktoum said the budget supports the Dubai Strategic Plan 2030 and places Dubai at the 'forefront of worldwide efforts to promote recovery'.Saudi Fund invests in education, road projects in Lanka
The Saudi Fund for Development is investing USD60 million to develop the infrastructure of the transport sector to reduce death and injury rates resulting from traffic accidents.Which are priority sectors in 2022 Saudi budget?
With the worst of the repercussions of Covid-19 expected to be in the rearview mirror, there are some specific sectors Saudi Arabia is focusing on in 2022.World Cup: Qatar’s bigger test after Arab Cup
More than 600,000 tickets were sold for the 16-team Arab Cup, including a Qatari-record 63,439 crowd when the hosts played the United Arab Emirates in the quarter-finals.dnata named Ground Support Services Provider of the Year for eleventh time
For the 11th time, dnata has been named Ground Support Services Provider of the Year at the 2021 Aviation Business Awards. The award was accepted by Jaffar Dawood, dnata’s Senior Vice President for UAE Airport Operations, at a gala dinner in Dubai. As one of the world’s leading air services...AD Ports Group inks deal to boost Bahrain cruise sector
Abu Dhabi-based AD Ports Group has inked an initial agreement with Bahrain-based real-estate firms Diyar Al Muharraq and the Eagle Hills Diyar Company to explore cruise-sector opportunities in their home country. As part of the agreement, they are expected to develop and operate new cruise infrastructure in Bahrain.Urban management can benefit from blockchain
Blockchain may be able to solve quite a few of the problems in the planning and implementation of a smart city.Empower to buy DXB assets
The deal is valued at AED1.1 billion ($300 million).Saudi Arabia supports Pakistan with $4.2bn lifeline
The money is coming in through the SFD, a Saudi government agency that usually finances social and infrastructure projects in developing countries.TII of Abu Dhabi partners with top institutes on mesh projects
Technology Innovation Institute (TII) has announced that its Secure Systems Research Centre (SSRC) has partnered with three universities on secure mesh communications research projects.Dubai approves Hatta master development plan
The Hatta master development plan is said to be aimed at developing Hatta, an exclave of Dubai, into a tourist spot that will also serve as a local and international destination for business and investment. It is expected to be implemented as part of a five-year development plan in the...Zain Group unveils unit to help boost regional telecom infrastructure
ZainTech will provide solutions for Cloud, Cybersecurity, Big Data, IoT, AI, Smart Cities and Emerging Technologies while incorporating NXN and Zain Data Park.Fedex arm plans Saudi growth
FedEx Express is a subsidiary of FedEx Corp.$4 billion infrastructure and road projects ready for Expo 2020: RTA
The Road and Transport Authority has charted out technical event management plans and developed a structure for the mobility of Expo visitors using various transit means from the metro and bus stations inside and outside the emirate in addition to taxis deployed at the site.UAE to invest billions of pounds in UK
The UAE has vowed to invest £10 billion ($13.8bn) in the UK over five years as Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed met British Prime Minister Boris JohnsonIran needs more than $1 billion to improve roads
Iran plans to improve the condition of the major freeways and highways, and expand the country’s freeways network to 10,000 kilometers.Iran’s mega housing project faces infra hurdles
The one-million housing project is part of Iran’s plan to provide a total of six million houses for its underprivileged population.Egypt eyes $1bn investments as Africa Finance Corporation member
Egypt, the most populous nation in North Africa, has already seen some investments from the AFC.UAE announces 50 national development projects
The projects are expected to lay the foundations for further growth of the UAE.All projects under Saudi Vision 2030 ‘colossal’
The number and value of mega projects set to transform the country’s real estate landscape and showcase the kingdom’s vision for an ultra-modern future to the world, says Knight Frank. Neom, a project for a smart and tourist cross-border city in the far north-west of Saudi Arabia, alone will cost...Saudi Arabia starts $3.4bn infrastructure projects in Tabuk region
The projects in the Tabuk region will include initiatives related to housing, transportation, environment, and agriculture.RAK Properties net profit rises 348% to AED120m in H1
Revenues of the UAE-based real estate firm, which is listed on the Abu Dhabi Stock Exchange, grew by 121 percent to AED265.1 million in the first half of 2021, the latest financial results have highlighted.Saudi ICT infrastructure market set for 9% growth by 2030
The country’s ICT infrastructure market value stood at $1.54 billion in 2020, and is being fueled by several factors.Saudi Arabia invites EoIs for Juranah water reservoir project
Saudi Water Partnership Company has invited expressions of interest for the Juranah independent strategic water reservoirUAE at Tashkent conference: infrastructure key driver for investment
UAE energy and infrastructure minister Suhail bin Mohammed Al Mazrouei praises Uzbekistan for attracting investment and developing the country's infrastructureGE to develop Iraq’s power infrastructure, promote clean energy
GE will help Iraq develop power infrastructure It will also promote clean energy in the country General Electric (GE) will help Iraq develop power infrastructure and promote clean energy in the country. The plan includes several key pillars that support the government’s goals to enhance Iraq’s power infrastructure, as well...Energy deals top list as Bahrain issues $1.6bn tenders in Q1 2021
Majority of tenders issued are part of Bahrain’s $32 billion infrastructure development plans Oil and gas $767m, aviation $382m, construction and engineering $194m, materials and equipment $119m Bahrain has issued government contracts worth $1.6 billion for the first three months, up 23 percent over the same period last...