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Eshraq and Agthia both take cases to court
Plus: Maxus Coral acquires electronics retail chain E-city
Infinity Power, Hassan Allam Utilities ink agreements for solar projects in Egypt
Located in Minya and Aswan, the two projects will add 1.2 GW of solar power capacity and 720 MWh of…
AD Ports Group and Nixem to invest AED 3.9 bn in LNG, LPG terminal hubs at Khalifa Port
The project is valued at over AED 30 bn based on projected 50-year multiple revenue streams from the terminals
THIS MORNING: XRG eyes investment in Argentinian LNG project + Masdar breaks ground on 24-hour solar and battery energy facility
Plus: UAE earmarks USD 6 bn worth of investments for Africa’s tourism sector
Emirates’ first carbon capture plant kicks off operations
Plus: Aldar Estates launches AI-enabled automated parking with Parkonic
Mubadala Capital acquires 60.3% of Invepar’s Lamsa
PLUS: The fund also finalized acquiring a 30% stake in Loscam
President appoints Energy and Infrastructure Ministry undersecretary
He was previously the director-general of the Sheikh Zayed Housing Program
UAE 3Q project awards down 65.8%
The drop was led by weaker construction, transport, and power activity
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