{"id":92989,"date":"2024-06-12T00:00:00","date_gmt":"2024-06-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/arabian-hills-awards-infrastructure-contract-for-aed-22-bn-project\/"},"modified":"2024-06-12T00:00:00","modified_gmt":"2024-06-12T00:00:00","slug":"arabian-hills-awards-infrastructure-contract-for-aed-22-bn-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/06\/12\/arabian-hills-awards-infrastructure-contract-for-aed-22-bn-project\/","title":{"rendered":"Arabian Hills awards infrastructure contract for AED 22 bn project"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">REAL ESTATE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- UAE-based Arabian Hills Real Estate Development awarded the infrastructure <\/strong><strong>works contract for its AED 22 bn flagship residential project<\/strong> along the Dubai-Al Ain Road, <a target=\"_blank\" href=\"https:\/\/www.tradearabia.com\/news\/CONS_423048.html\" style=\"\" rel=\"noopener\">Trade Arabia<\/a> reports. The company <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c05c38a9-e886-4469-80d7-d5fc24af2a90\/%253cmark%253earabian%253c%2Fmark%253e%253cmark%253e-hills%253c%2Fmark%253e-inaugurates-aed-22-bn-residential-project\" style=\"\" rel=\"noopener\">inaugurated<\/a> the gated community, which is set to comprise 14 phases, on Monday. The project is born out of a partnership with Ara Real Estate Development, who is tasked with managing and supervising all development activities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Dubai Asset Management partners with Emirates NBD to enable flexible payments: <\/strong>Dubai Asset Management (DAM), a residential leasing vertical of Dubai Holding Asset Management, partnered with Emirates NBD to facilitate flexible payment installment plans for rentals of their Dubai communities, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/dubai-asset-management-and-emirates-nbd-announce-strategic-partnership-to-enable-flexible-payments-p1rgia72\" style=\"\" rel=\"noopener\">press release<\/a>. The agreement will allow residents the flexibility to divide their rental payments across three, six, or 12 months with zero interest installment plans, with a credit limit ranging from AED 1k up to AED 150k. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TRANSPORT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Bayanat and Imkan sign MoU to develop smart mobility infrastructure: <\/strong>Imkan properties signed an MoU with Bayanat to launch a smart mobility infrastructure project on SHA Island Emirates at AlJurf, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3m1ehs-bayanat-imkan-develop-smart-mobility\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The facility will be located between Abu Dhabi and Dubai, and will feature AI-enabled transportation and the SHA Wellness Clinic. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who will do what: <\/strong>Imkan properties will develop the project\u2019s physical structure, while Bayanat will provide the digital infrastructure responsible for the integration of autonomous driving, HD maps, and smart mobility solutions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">AVIATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Etihad Airways, EgyptAir add to codeshare agreement: <\/strong>Abu Dhabi carrier Etihad Airways and Egypt\u2019s national airline EgyptAir inked an MoU to ramp up commercial and operational ties, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3m1ekn-etihad-airways-egyptair-sign-mou-deepen\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The agreement will see the two carriers deepen their existing codeshare agreement to offer one-stop access for EgyptAir travelers to more destinations in Etihad's network, including Asia and Australia, and cooperate in frequent flyer programs and joint marketing campaigns.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">INFRASTRUCTURE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kleindienst to establish maritime facility in Ras Al Khaimah: <\/strong>Dubai-based property developer Kleindienst Group inked an MoU with maritime hub operator Rak Ports to set up a maritime facility in Ras Al Khaimah, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/kleindienst-group-and-rak-ports-sign-shipyard-mou-for-floating-residences-and-first-ever-giga-yacht-built-in-the-gcc-fiprpdzi\" style=\"\" rel=\"noopener\">press release<\/a>. The shipyard will comprise four sections, including a 144 m giga-yacht section, making Ras Al Khaimah the first in the GCC capable of constructing giga-yachts. Other sections will include a coral garden focusing on underwater living experiences, and tug and ferry sections for vessel construction. Kleindienst also plans to establish a maritime academy at the shipyard.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">HEALTHCARE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed approved the launch of <\/strong><strong>the Emirati Reference Genome Platform <\/strong>at a meeting of the Emirates Genome Council yesterday, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3m1ewb-khaled-bin-mohamed-bin-zayed-chairs-emirates\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The platform provides clinicians and researchers access to data from the Emirati Reference Genome Study, in a bid to ramp up their ability to identify genetic risk factors and develop personalized treatments. The crown prince also greenlit a framework to advance personalized and preventive medicine across the UAE.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS: Kleindienst to establish maritime facility in Ras Al Khaimah<\/p>\n","protected":false},"author":1,"featured_media":92990,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1552],"tags":[47,1293,610,306,490,258,7,131,161,98],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-92989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-arabian-hills","tag-artificial-intelligence","tag-aviation","tag-bayanat","tag-dubai-holding","tag-enterpriseam-uae","tag-healthcare","tag-infrastructure","tag-real-estate","wpautop","entry"],"acf":{"mongo_id":"bc1c3a19-b7af-4fd3-bdf9-1663dfde0f6d","order":"12","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/884.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Arabian Hills awards infrastructure contract for AED 22 bn project","related_issue":[92967],"teaser":"PLUS: Kleindienst to establish maritime facility in Ras Al Khaimah","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.3e225680-f54d-42f1-9435-c2af910e521b.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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