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
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
The move underscores Dubai’s regional and international leadership in digital transformation and innovation in the construction and infrastructure sector
The Sheikh Rashid bin Saeed Corridor Improvement Project is one of the biggest undertaken by Dubai’s RTA
This 17-megawatt peak solar project will be the first-of-its kind to be installed in the region
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
The partnership aims to establish large joint industrial projects, create job opportunities and contribute to increasing economic output between the partner countries
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
Etihad Credit Insurance and the Israel Export Insurance Corp will back the construction of four hospitals and a medical storage facility in Ghana
The new city will feature offices, leisure and sports facilities, food and entertainment venues and a mall
DUQE has allied with PCFC to offer full integrated support to entrepreneurs to help them set up and expand their business
As a collaborative community, D/Quarters will accommodate freelancers, entrepreneurs, SMEs and multinational corporations
Sheikh Khalifa became President of the UAE on November 3, 2004, and remained in that role until his death on May 13, 2022
The agreement includes AD Ports as part of a consortium that will develop, operate and manage a multi-purpose terminal in Safaga Port
The Dhs897m SWRO desalination plant has a production capacity of 40 million imperial gallons per day of desalinated water
Dubai World Central will re-open its guest experience and service touch points to ensure a smooth transition for passengers during the DXB’s runway closure
Emirates Steel Arkan Group said employees suggested production improvements and innovations that contributed to these savings
The EPC and marine dredging group reported first quarter revenue of Dhs1,552m, an increase of 33 per cent over the same period in 2021