ROADS-

CGC clinches contract to implement Dubai road project: The Dubai branch of Kuwait-based Combined Group Contracting (CGC) has secured an AED 104.4 mn contract from Dubai’s Road and Transport Authority (RTA) to implement internal roads in Wadi Al Amardi, on the outskirts of Dubai, according to a statement. The project is expected to be completed within 14 months.

Dubai’s RTA is on a roll this year: The emirate’s RTA has rolled out an ambitious pipeline of road developments and investments in 2025, including an AED 6 bn roads push in cooperation with Dubai Holding, an AED 1.5 bn contract for the Al Fay Street Development Project, and an AED 798 mn upgrade for Al Qudra Street.

DATA CENTERS-

Indian web hosting company NetForChoice launched its first GCC data center in Dubai, according to a statement (pdf). The facility will deliver hosting, cloud, and cybersecurity services with 99.95% uptime, integrating security operations center and network operations center support. It is designed to handle workloads from enterprise resource planning platforms to AI model training, targeting clients across BFSI, healthcare, and other regulated industries.

TRADE-

Iraq’s Border Ports Authority has signed a 14-point agreement with Iran to enhance the countries’ border crossings, Iraq News Agency reports. Here are a few important stipulations:

  • Digitization collab: Both parties will expedite trade by exchanging electronic cargo manifests with full shipment details;
  • More timely consultation: Iran will not open any border crossings without prior consultation with the Iraqi federal government;
  • Both countries’ crossings will operate 24/7 — including Fridays — without imposing extra fees beyond regulations to avoid negative effects on trade.

Iraq + Iran cooperation: Iraq’s oil minister and his Iranian counterpart inked an MoU to enhance cooperation and exchange expertise in several sectors earlier this year. The move bolsters investment in Iraq’s current gas projects amid its plans to become self-sufficient in petroleum derivatives.

SHIPPING + MARITIME-

NMDC, Adnoc L&S partner up on maritime services: The UAE’s National Marine Dredging Company inked a three-year agreement with Adnoc Logistics and Services (Adnoc L&S) to collaborate on providing comprehensive maritime services — including marine services and integrated logistics — for offshore projects, Wam reports.

More offshore moves: The logistics firm’s parent company, Adnoc, recent moves in the offshore segment include a USD 806 mn contract to build three newbuild island rigs as well as a separate USD 1.15 bn contract to operate two jack-up rigs.

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