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Dubai Internet City-Intel: Ammar Al Malik, Executive Vice President, TECOM Group and Taha Khalifa, Country Manager GCC, CCG Director EMEA, Intel

Gitex Global 2022: Dubai Internet City to host Intel’s first AI software R&D centre in the GCC

Intel will also relocate AI experts from various global offices to bring international tech talent and skills into the community

Al Quoz Creative Zone Master plan approved

Al Quoz Creative Zone master plan approved

The master plan aims to create a vibrant cultural and creative destination in Dubai that encourages residents and visitors to engage with art and culture

ETIHAD RAIL-OMAN RAIL JV Co., holds first Board meeting: Image WAM

Oman Rail-Etihad Rail JV Company board holds inaugural meeting

The board appointed Ahmed Al Hashemi as CEO, and Mohammed bin Zahran Al Mahruqi as deputy CEO of the company

Etihad Rail_Oman Rail courtesy WAM

UAE and Oman to build $3bn railway line

The newly formed company will handle the design, development, and operation of the rail network, connecting Sohar Port to the UAE National Rail Network

Etihad rail concludes knowledge transfer programme with DB

Etihad Rail concludes knowledge transfer programme with Deutsche Bahn

The joint venture Etihad Rail DB has been responsible for the operations of stage one of the UAE National Rail Network since 2016

Etihad Rail signs MoUs

Etihad Rail signs MoUs with international railway companies

The agreements, signed at InnoTrans 2022 in Berlin, cover rail operations and maintenance, service facilities, passenger stations and cargo transportation

Abu Dhabi Ports Group CMA Terminals Khalifa Port

Construction of CMA Terminals Khalifa Port on track: AD Ports Group

Once ready, the new terminal will have an initial capacity of 1.8 million TEUs

Saudi Arabia ports throughput volume 2022

Saudi ports see increase in throughput volumes in past eight months

General cargo volumes were up 8.93 per cent to reach 5,722,622 tonnes, with dry bulk cargo hitting 32,723,465 tonnes, reflecting a 7.16 per cent increase

Kezad Group

AD Ports launches KEZAD Group to streamline services for strategic industries

The launch of KEZAD Group opens new opportunities to scale up adjacent businesses such as KEZAD Communities, which provides integrated solutions for staff residential communities

ARIA invests in four plants in Sharjah's Hamriya free Zone

ARIA Commodities to invest Dhs154m in projects in Sharjah’s Hamriyah Free Zone

ARIA Commodities has launched four projects in HFZA, including a bitumen plant, multipurpose refinery, storage terminal and tire recycling plant

Teledyne FLIR gives travelers a safe crossing

Teledyne FLIR installs AID camera technology at 1915 Çanakkale Bridge in Turkey

The camera can reliably detect collisions, stopped vehicles, wrong-way drivers and pedestrians in challenging lighting and weather conditions

UAE ranks 10 among nations in global indicators

UAE ranks among top 10 countries in 432 global indicators: FCSC

The country excels in several essential areas, including education, environment, climate change, security and safety, cybersecurity, infrastructure, flexibility of regulations and governance

Saudi Arabia's $1.12 billion in development financing

Islamic Development Bank approves $1.12bn in development financing for nine member countries

The bank approved a $1.79m grant for projects in key sectors such as food security, health, transport, energy, urban development, education, water and sanitation

ADNEC rebrands and unveils new coporate identity

Abu Dhabi National Exhibitions Company unveils new corporate identity

The new corporate identity reflects ADNEC Group’s refreshed vision and mission, as it seeks to expand both in business terms and geographically

Qatar’s Ashghal awards contract for country’s first sewage treatment PPP project

The Al Wakrah and Al Wukair STW project, valued at QAR5.4bn, is in line with Qatar’s 2030 Vision to streamline water consumption and the use of unconventional water resources

RTA completes 55 per cent of construction at Falcon Interchange/ pic: Dubai Media Office

Dubai’s RTA completes 55% of construction on Falcon Interchange project

Al Shindagha Corridor Project is one of the biggest projects currently undertaken by RTA, and has been split into seven phases

MBRAH Suppliers Complex Dubai South

Mohammed Bin Rashid Aerospace Hub’s Suppliers Complex nears completion

The facility aims to host SMEs and startups by offering solutions that are designed for multipurpose activities

Etihad Rail new wagons fleet being offloaded

Etihad Rail welcomes first batches of high-tech locomotives

The new fleet was designed specifically to withstand the geographic, climate conditions, and the high temperatures and humidity levels common in the GCC

Agility posts Q2 2022 profit

Agility reports KD16.1m net profit for Q2 2022, revenue grows 23.4% to KD138.4m

Agility reported H1 2022 earnings of 11.41 fils per share on a net profit of KD28.8m while revenue increased 22.9 per cent to KD270.5m

Abu Dhabi Ports announces Q2 results

UAE’s AD Ports Group sees net profit rise 59% YoY to Dhs300m in Q2 2022

The 22.32 per cent stake in Aramex, which was transferred to AD Ports Group in January 2022, contributed Dhs12m to EBITDA and net profit in Q2

King Abdulaziz Port in Dammam breaks container throughput record in June

Saudi Arabia’s SISCO reports 8.7% growth in Q2 revenue to SAR213.2m

The company reported that H1 2022 revenues, excluding accounting construction revenues, were 17.8 per cent behind H1 2021 on the back of weaker Q1 results

Dubai to host BuildingSMART International’s first branch in the MEA region

Dubai to host BuildingSMART International’s first branch in MEA region

The move underscores Dubai’s regional and international leadership in digital transformation and innovation in the construction and infrastructure sector

RTA completes 75% of Sheikh Rashid bin Saeed Corridor Improvement Project

Sheikh Rashid bin Saeed Corridor Improvement Project is 75% complete: RTA

The Sheikh Rashid bin Saeed Corridor Improvement Project is one of the biggest undertaken by Dubai’s RTA

Veolia_Totalenergies sign agreement

Veolia, TotalEnergies to build largest solar PV system for desalination plant in Oman

This 17-megawatt peak solar project will be the first-of-its kind to be installed in the region

Adnoc loistics and services acquires Zakher Marine

Abu Dhabi’s ADNOC L&S acquires Zakher Marine International

The acquisition strengthens ADNOC L&S’ position as region’s largest shipping and integrated logistics company, growing its total fleet to more than 300 vessels

Bahrain joins Industrial Partnership for Sustainable Economic Development in Cairo

Bahrain joins Industrial Partnership for Sustainable Economic Development

The partnership aims to establish large joint industrial projects, create job opportunities and contribute to increasing economic output between the partner countries

AlUla-Low-Carbon-Tram project announced

Plans for new tram system in AlUla announced

The tram is expected to boost AlUla’s development as a tourist hotspot and modern living destination and will complement the existing autonomous pods shuttle service

UAE Israel credit agencies to support healthcare project in Ghana

UAE, Israel export credit agencies to support Dhs540m healthcare project in Ghana

Etihad Credit Insurance and the Israel Export Insurance Corp will back the construction of four hospitals and a medical storage facility in Ghana

Sheikh Mohammed announces opening of Expo City Dubai in October 2022

The new city will feature offices, leisure and sports facilities, food and entertainment venues and a mall

Duque free zone launches in Dubai

DUQE free zone launches operations from Dubai’s QE 2 hotel

DUQE has allied with PCFC to offer full integrated support to entrepreneurs to help them set up and expand their business