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New $205m agreement to boost UAE-GCC power grid interconnection

The Abu Dhabi Fund for Development signed the financing agreement with the Gulf Cooperation Council Interconnection Authority to facilitate power exchange between the UAE and GCC nations

Gulf Business
Gulf Business

28 June, 2025

New $205m agreement to boost UAE-GCC power grid interconnection
Image courtesy: WAM/ For illustrative purposes

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Abu Dhabi Fund for Development (ADFD) has signed a Dhs752m ($205m) financing agreement with the Gulf Cooperation Council Interconnection Authority (GCCIA) to support the expansion of the GCC power grid interconnection with the UAE’s national electricity network, state news agency WAM reported.

The agreement, signed at ADFD’s headquarters in Abu Dhabi, seeks to strengthen regional energy security and facilitate power exchange between the UAE and other Gulf Cooperation Council (GCC) member states.

The infrastructure project forms part of broader efforts to enhance regional energy resilience and enable wider economic and developmental integration, aligning with the UAE Energy Strategy 2050.

The strategy aims to create an energy system that is both sustainable and economically efficient.

Initiative will increase electricity transmission capacity between UAE and GCC

Designed as a strategic grid upgrade, the initiative will significantly increase electricity transmission capacity between the UAE and the GCC network.

Technical and economic feasibility studies have supported its design, in line with the GCCIA’s vision for a durable, regionally connected power infrastructure.

The project includes the construction of a 400kV double-circuit overhead transmission line spanning 96 kilometres, connecting the Al Silaa substation in the UAE with the Salwa substation in Saudi Arabia.

It also entails the expansion of three substations — Gonan, Al Silaa, and Salwa — and the installation of advanced 400kV switchgears, circuit breakers, and reactors, along with modern protection and control systems to enhance grid efficiency and reliability.

“This project reflects ADFD’s commitment to financing high-impact infrastructure that supports the UAE’s development priorities,” said Mohammed Saif Al Suwaidi, director-general of ADFD. “Power grid interconnection is a strategic enabler of energy security and a foundation for accelerating the transition to clean and sustainable energy sources.”

He added that the project would “increase the efficiency of the power grid, improve emergency preparedness, strengthen connectivity with regional partners, and promote the integration of renewable energy,” supporting the GCC’s sustainability and emissions reduction goals.

Engineer Ahmed Ali Al Ebrahim, CEO of the GCCIA. called the initiative the first phase of a broader collaboration with ADFD during the current grid expansion and noted parallel efforts to interconnect with Kuwait, Oman, and southern Iraq, representing a total investment exceeding $1bn.

“By leveraging increased transmission capacity, we aim to activate a unified Gulf electricity market to facilitate cross-border power trade,” Al Ebrahim said. “This could create economic opportunities projected to exceed $20bn over the next 15 years.”

DubaiNow app users can now access their credit report, credit score

Etihad Credit Bureau’s integration with DubaiNow follows earlier efforts such as its service linkage with TAMM Abu Dhabi

Gulf Business
Gulf Business

27 June, 2025

DubaiNow app users can now access their credit report, credit score
Image: Getty Images/ For illustrative purposes

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The Etihad Credit Bureau (ECB), the UAE’s federal entity for credit information and analytics, has announced a strategic partnership with DubaiNow, the Dubai government’s unified smart services platform, allowing users to access their credit report and credit score directly through the app.

The integration enables individuals to retrieve their credit data with a single click, significantly enhancing user convenience and digital accessibility.

“Etihad Credit Bureau is committed to advancing the UAE’s digital transformation agenda by fostering integration across local government platforms,” said Marwan Ahmad Lutfi, director general of Etihad Credit Bureau. “By leveraging advanced technology and seamless APIs, we’ve made it easier than ever to stay informed about your credit health through the digital channels individuals use most.”

DubaiNow offers over 300 services

Image courtesy DubaiNow website

DubaiNow, developed by Digital Dubai, provides over 300 integrated government and private sector services. With the latest addition, users can now view their personal credit history and rating — critical tools for managing financial health.

Matar Al Hemeiri, chief executive of the Digital Dubai Government Establishment, said: “We are pleased to announce the joining of Etihad Credit Bureau to the DubaiNow application, enabling users to easily and quickly access their credit information anytime. This step embodies Etihad Credit Bureau’s leading position and reflects its commitment to advancing the digitalisation of life in the UAE.”

The initiative aligns with the UAE’s national strategy, “We the UAE 2031”, which envisions a pioneering digital ecosystem that supports modern lifestyles and a robust digital economy.

Etihad Credit Bureau’s integration with DubaiNow follows earlier efforts such as its service linkage with TAMM Abu Dhabi, and reflects its broader vision of facilitating seamless digital access to credit services nationwide.

Both entities say the partnership will encourage informed decision-making and promote financial literacy among UAE residents, while laying the groundwork for deeper intergovernmental digital collaborations.

Traffic alert: Dubai’s RTA to implement a 2-month diversion on E311 from June 28

The move is part of a broader infrastructure initiative to improve rainwater and groundwater drainage and resurface roadways

Gulf Business
Gulf Business

27 June, 2025

Traffic alert: Dubai’s RTA to implement a 2-month diversion on E311 from June 28
Image: RTA/ X

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Dubai’s Roads and Transport Authority (RTA) has announced it will implement a two-month traffic diversion at the Al Barari Underpass on Sheikh Mohammed Bin Zayed Road (E311), starting at midnight on June 28.

The move is part of a broader infrastructure initiative to improve rainwater and groundwater drainage and resurface roadways.

Motorists are being directed to reroute via the Dubai–Al Ain Bridge for U‑turns toward Jebel Ali, or the Global Village Underpass and Umm Suqeim Street intersection for U‑turns toward Sharjah to avoid delays.

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Other traffic diversions across the city

Diversions are also planned at other major underpasses city‑wide, including Mudon Underpass on Emirates Road and Umm Al Daman Underpass on the Dubai–Al Ain Road, both starting June 28.

All projects are scheduled to last for two months to coincide with peak seasonal rainfall preparation efforts .

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Read: Dubai’s RTA completes key road upgrades in Business Bay

Dubai’s Global Village 2026 retail proposals: Details revealed

With a proven track record of supporting small and medium enterprises, Global Village has become a reliable springboard for business growth

Nida Sohail
Nida Sohail

27 June, 2025

Dubai’s Global Village 2026 retail proposals: Details revealed
Image credit: Global Village/Website

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Global Village, the UAE’s leading multicultural family destination for culture, shopping, and entertainment, has announced it is now accepting business proposals for its retail shops and guest services categories for the highly anticipated Season 30.

Read-Dubai Summer Surprises 2025: What’s in store for the next 66 days

This announcement follows the park’s record-breaking Season 29, which welcomed an unprecedented 10.5 million visitors, solidifying its position as one of the most beloved and visited destinations in the region.

Entrepreneurs and businesses interested in expanding or launching their ventures now have the opportunity to tap into Global Village’s expansive international audience. Whether looking to open a retail shop or offer guest services, participants will benefit from the venue’s robust infrastructure, logistical support, and high footfall. Applications can be submitted through the official business portal.

Expanding opportunities for Season 30

Global Village is encouraging new and returning partners to participate in what promises to be its most spectacular season yet. Season 30 represents a major milestone, and Global Village is aiming to enhance the experience further with innovative business concepts and elevated guest experiences.

Earlier in June, the destination had already opened proposals for two other key categories: Restaurant and Coffee Shops and the Open Market. Entrepreneurs in the culinary space, particularly those with fresh dining or street food ideas, are invited to bring their visions to life at popular areas within the park such as the Indian Chaat Bazaar and the Road of Asia.

Those with new market concepts are also being welcomed to submit proposals, adding fresh diversity to the upcoming season. Full details can be found on the official announcement page.

A Platform for business success

With a proven track record of supporting small and medium enterprises, Global Village has become a reliable springboard for business growth. In Season 29 alone, more than 3,500 shopping outlets and over 250 dining options were featured across the park, alongside 75+ new partners and 80 newly launched concepts.

The destination’s diverse offering and collaborative ecosystem have helped partners achieve significant visibility and financial success. Global Village is renowned for providing a safe, vibrant, and commercially viable platform for business owners across sectors, from food and beverage to retail and guest experience services.

Recap of a record-breaking Season 29

Season 29 marked a new chapter in Global Village’s legacy. The season concluded with a historic 10.5 million visitors, surpassing the previous year’s 10 million and setting a new benchmark in footfall. More than 400 performers entertained guests with 40,000+ shows, while 30 pavilions represented over 90 cultures, offering an immersive journey through international art, food, and traditions.

Fernando Eiroa, CEO of Dubai Holding Entertainment, commented on the achievement:

“Welcoming over 10.5 million guests this season reaffirms Global Village’s position as one of the emirate’s leading and most inclusive destinations. While our scale is unmatched, it is our spirit of cultural connection and community that truly sets us apart. We offer a world-class family experience that brings people together through entertainment, dining, and retail from across the globe.”

From live concerts and international street acts to immersive family attractions and unique dining spots, Season 29 delivered the most dynamic entertainment schedule in the destination’s history.

As Global Village looks ahead to Season 30, preparations are already underway to introduce even more groundbreaking concepts, elevated visitor services, and new opportunities for entrepreneurs to shine on a global stage.

With strong momentum and an expanding global reputation, the landmark 30th season is expected to set new records and redefine the guest experience for millions once again.

For more information and proposal submissions.

Dubai approves new reforms: How they impact education, eco standards

The new Governance Policy for Government Construction Projects introduces a tiered system for project evaluation and financial planning

Gulf Business
Gulf Business

27 June, 2025

Dubai approves new reforms: How they impact education, eco standards
Image credit: Dubai Media Office/Website

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Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, has approved a series of strategic policies and projects aimed at strengthening Dubai’s global position in education, business, and sustainable development.

Read-Dubai issues new guidelines to ensure accountability in public finances

The approvals came during a meeting of The Executive Council held at Emirates Towers, attended by Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai, a Dubai Media Office report said.

Making Dubai a global education hub

Sheikh Hamdan highlighted the importance of empowering youth with academic and practical skills, reaffirming Dubai’s ambition to be among the world’s top 10 cities for students.

“Dubai is home to 37 international university branches, and we plan to attract more,” he said, noting that initiatives will support the Education Strategy 2033 and Dubai Economic Agenda D33.

The council approved a new project led by the Knowledge and Human Development Authority (KHDA) and Dubai Department of Economy and Tourism (DET) to attract world-class universities. The plan targets 70 higher education institutions by 2033, with international students comprising 50 per cent of enrolments and contributing Dhs5.6bn to the emirate’s GDP.

New career guidance policy for students

A new Academic and Career Guidance Policy was also approved, aimed at supporting students in transitioning from education to employment. The policy sets targets such as:

  • 90 per cent employment rate for Emirati graduates within six months
  • 80 per cent of institutions offering effective career advice
  • 70 per cent of students gaining entry into top three university or career choices

Additional initiatives include life skills camps, entrepreneurship programmes, and university–industry partnerships.

Air Quality Strategy 2030 unveiled

The council green lit the Air Quality Strategy 2030, targeting 90 per cent clean air days annually and a reduction in PM2.5 concentrations to 35 micrograms per cubic metre. The strategy is led by the Dubai Environment and Climate Change Authority in collaboration with local and federal partners.

Dubai International Mediation Centre approved

To strengthen Dubai’s legal infrastructure, the council approved the Dubai International Mediation Centre. Developed with the ADR Centre, the project aims to offer globally recognised mediation services, enhance investor confidence, and create jobs in dispute resolution.

Governance boost for construction projects

The new Governance Policy for Government Construction Projects introduces a tiered system for project evaluation and financial planning. Led by the Dubai Department of Finance, the policy aligns with plans to increase public spending to Dhs700bn over the next decade.

Dubai Metro update: Jebel Ali station gets a new name after major agreement

The updated name will also be integrated across RTA smart systems, mobile apps, and onboard audio announcements prior to station arrival

Gulf Business
Gulf Business

27 June, 2025

Dubai Metro update: Jebel Ali station gets a new name after major agreement
Image credit: Dubai Media Office/Website

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Dubai’s Roads and Transport Authority (RTA) has granted naming rights of the Jebel Ali Metro Station to National Paints Factories Co. Ltd., the region’s largest manufacturer of paints and coatings.

Read-Dubai Metro Blue Line: Inside the world’s tallest metro station

The station, located within the bustling Jebel Ali Free Zone, will now be officially known as National Paints Metro Station for the next 10 years, a Dubai Media Office report said.

Strategic branding partnership

The naming rights agreement was signed between National Paints and Hypermedia, with Mada Media participating as the authorised concessionaire. Mada Media was appointed by the RTA under an existing concession agreement.

The new partnership underscores RTA’s broader strategy to integrate the private sector into public infrastructure through its Metro Station Naming Rights Initiative.

RTA hails private sector cooperation

Abdul Mohsen Kalbat, CEO of the RTA’s Rail Agency, welcomed National Paints into the initiative, calling it a “prestigious global company” and highlighting the success the program has had in attracting diverse businesses across the UAE.

“We are keen to expand and strengthen cooperation with the private sector—not only in Dubai but across the UAE,” Kalbat said. “This aligns with the government’s direction to foster partnerships based on shared knowledge, expertise, and economic opportunity.”

He added that such partnerships also support the creation of job opportunities and contribute to both Dubai’s and the UAE’s overall economic growth.

Metro stations as commercial landmarks

Commenting on the milestone, Mohamad Al Hammadi, CEO of Mada Media, said the partnership with National Paints reflects a long-term vision to transform metro stations into strategic branding and advertising platforms.

“We’re not just creating visibility,” Al Hammadi noted. “We’re building impactful brand presence in high-footfall, high-visibility urban environments.”

He said the naming rights investment highlights the growing value of transit media as a tool for consumer engagement and brand recognition in Dubai’s rapidly evolving urban ecosystem.

Decade-long commitment by National Paints

Samer Sayegh, Managing Director and Partner at National Paints, said the move reflects the company’s commitment to shaping the Emirates’ urban landscape through sustainable, high-quality solutions.

“We are proud to partner with the RTA and secure the naming rights of a metro station that is a vital connector in Dubai’s world-class transport network,” he said.

Founded in 1969 in Amman, and headquartered in Sharjah since 1977, National Paints has long been a key contributor to the UAE’s economic and industrial growth. “This visibility on the Metro deepens our bond with the communities we serve,” Sayegh added.

Signage and digital updates underway

Starting in July 2025, the RTA will begin rolling out changes across all relevant signage—both internal and external—on the Metro system. The updated name will also be integrated across RTA smart systems, mobile apps, and onboard audio announcements prior to station arrival.

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