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AHS plans AED 25 bn mixed use project, Al Bayader is building a packaging and logistics hub in Dubai, and CBD’s new gold product
Plus: Ecohope Solar is buying 600 MW of Trina Solar’s solar PV modules
Alcazar locks in USD 420 mn deal to manage Gabal El Zeit
Alcazar will handle all renovation and efficiency upgrades to boost production capacity
UAE oil exports reached 2.6 mn bbl / d in May
Adnoc is selling mns of barrels, rerouting cargoes, and tapping alternative loading points to keep UAE crude exports moving
New director-general at the UAE’s nuclear regulator
Hamad Al Kaabi has been the UAE’s representative to the IAEA since 2008
THIS MORNING: Botswana in talks with UAE, Oman over diamond producer takeover + Barakah nuclear plant could be in for more protection
Both countries would back Botswana in making a play for De Beers
Ewec taps Taqa to lead on 2.5 GW Taweelah project, WTW plants deeper roots in Dubai, Al Ansari expands Omani footprint
Ewec awarded the contract to Taqa, as well as a consortium made up of Saudi’s Al Jomaih Energy and Water…
UAE’s non-oil sector saw slight improvement in May, but softening demand is still weighing on firms
Positive sentiment around a potential agreement from the US and Iran helped boost the recovery
THIS MORNING: Adnoc resumes naphtha exports via Oman + eyes a multi-fuel pipeline bypassing Hormuz
Plus: ADCB integrates banking infrastructure with binance
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