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Meraas hands Naresco AED 450 mn contract for Dubai’s City Walk
Plus: Empower awards contract for new district cooling plant in Dubai
THIS MORNING: Middle East IPO pipeline still intact amid conflict-induced jitters + Gulf visa gets the greenlight
Plus: Abu Dhabi eyes AED 47 bn in infrastructure contracts for 2H
Nakheel hands 750 mn Palm Jebel Ali contracts to DBB
The contracts cover groundworks, utilities, and roadworks across several of the island’s fronds and its central spine
A new pipe manufacturing facility for Abu Dhabi from India’s Jindal Saw
Plus: Enoc + DP World sign emergency response agreement
Hong Kong-based HPH + Ajman Port and Customs to invest AED 1 bn into port revamp
The Hong Kong-based operator first inked an agreement with Ajman Port Authority to operate the port’s container terminal for a…
TSMC is reviving potential plans for a USD multi-bn advanced chip factory in the UAE
PLUS: Adani walks away from acquiring Emaar Group’s India operations
Mubadala, Taqa complete acquisition of majority stakes in Uzbekistan power plant
Plus: Emaar earns rating upgrade from Moody’s
Amea Power + Spain’s Cox launch infrastructure-focused JV
The JV will co-develop and manage water and energy infrastructure projects.
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