EU-US consortium preferred bidder for Saudi landbridge project
A consortium of Italian consulting and project company Italferr, Spanish engineering group Sener and US-based construction management expert Hill International has emerged as the preferred bidder for a project management […]
ZainTECH establishes cutting-edge ICT Hub at Dubai Internet City
ZainTECH, the integrated digital solutions provider of Kuwait’s Zain Group, has established its state-of-the-art Information and Communication Technology (ICT) Hub, and thus expanding its operations at the Dubai Internet City. […]
UAE-based musafir.com enters Saudi’s booming tourism market
Musafir.com, the UAE’s leading travel management company, has launched its operations in the Kingdom of Saudi Arabia (KSA), in line with the transformative goals of Saudi Arabia’s Vision 2030. The […]
The Green Planet Dubai’s Nature Park unveils ‘Winter Wonderland’
The Green Planet Dubai, the only indoor tropical rainforest in the Middle East, is ready to welcome the festive season, turning its outdoor ‘Nature Park’ into a ‘Winter Wonderland’. The […]
Investcorp joins consortium of ADNOC’s seawater treatment project
Investcorp, a Bahrain-based leading global alternative investment firm, has revealed that it will join a consortium of Orascom Construction (consortium leader) and Metito, to develop a large-scale seawater treatment and […]
Saudi Arabia’s MBC Group sets price range for IPO, seeks to raise $222m
Saudi media giant MBC Group (MBC) has started taking investor orders for its initial public offering (IPO) as one of the Middle East’s biggest broadcaster seeks to raise as much […]
Etihad Rail: Abu Dhabi announces new passenger train service
Etihad Rail and ADNOC have inked a strategic MoU to establish a passenger train service between Abu Dhabi City and Al Dhannah region. The agreement was signed at ADNOC Headquarters […]
Etihad Airways to fly A380 on popular Abu Dhabi to New York route from April 2024
Etihad Airways announced that it will begin flying its double-decker, the Airbus A380 from Abu Dhabi to New York JFK for the summer of 2024. The A380 will operate on […]
Saudi Arabia’s PIF secures $5bn loan covered by K-SURE
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), secured a $5bn syndicated loan from a group of nine banks in a deal that involves the Korean export credit […]
COP28: UAE leads 118 countries-pledge to triple world’s clean power
Governments launched new initiatives on Saturday to bolster clean energy and to wean themselves off fossil fuels at the U.N. climate summit in Dubai, where countries are grappling with how […]