UAE-based NWTN begins trial operations at its EV plant in Abu Dhabi
UAE-based mobility technology company NWTN is in the final phase of installing equipment and conducting trial operations after completing the construction of its electric vehicle (EV) assembly facility in Abu Dhabi, the company announced on Monday. The facility has now obtained the required EV production and sales license issued by the UAE government, the first […]
Ellington Properties, DMCC to launch $327mln residential project in Dubai
Dubai-based boutique developerEllington Properties and Dubai Multi Commodities Centre (DMCC) have joined hands to develop 1.2 billion UAE dirhams ($326.70 million) Upper House, a new residential development in Jumeirah Lakes Towers (JLT). Ellington’s first residential project in JLT, which will house 377 units, is slated for completion by early 2026, the developer said in a […]
Dubai’s Danube Properties to issue construction tender for $150mln Elitz in Q1 2023
Dubai-based Danube Properties will issue and award the main construction contract for its 550-million-UAE-dirham ($149.76 million) residential tower Elitz in Jumeirah Village Circle in March 2023, the developer said in a statement sent to Zawya Projects. The tender for enabling works will be issued and awarded in January 2023, the statement said, adding that tenders […]
Abu Dhabi’s National Marine Dredging wins $272mln contract in Egypt
Abu Dhabi-based contractor National Marine Dredging Co. (NMDC) has won a contract worth AED 1 billion ($272 million) for dredging works in Egypt’s Suez Canal. The project is expected to be completed in 2023, the company said in a bourse filing on the Abu Dhabi Securities Exchange (ADX) on Monday. NMDC’s operations include ports and […]
Union Properties launches $436mln new project in Dubai Motor City
Financially troubled Dubai developer Union Properties, which completed a debt restructuring earlier this year, has launched a new project valued at around 1.6 billion dirhams ($436 million), its first new launch since 2015. The mixed-use development called Takaya will be located in Dubai Motor City, it said in a statement on Tuesday. Construction is expected […]
ARIA Commodities announces $42mln investment projects in Hamriyah Free Zone
ARIA Commodities, the market specialist in the field of asphalt and distillates and storage infrastructure development, has announced it will invest a total of AED154 million in the construction of four plants in the Hamriyah Free Zone, including a Bitumen Plant, a Refinery, a Tire Cycling Plant, and a Storage Terminal. ARIA has also announced […]
Erith Group to set up industrial plant in Ras Al Khaimah
Dubai-based Erith Group has announced the establishment of an industrial-scale production plant of sealing products, Erith Industries, at the Al Hamra Industrial Area in Ras Al Khaimah, UAE, which will reduce and eliminate the need to import foreign sealing products and solutions and will eventually increase the export to other countries after meeting the domestic […]
UAE’s Etihad Rail, Spain’s CAF sign $327mln deal for passenger trains
Etihad Rail, the developer and operator of the UAE national railway network, has signed a 1.2-billion-dirham ($327 million) agreement with Spain’s CAF Group for designing, manufacturing, supplying and maintaining passenger trains. The agreement was signed at the construction site of Etihad Rail’s first passenger train station being built at Sakamkam in the heart of Fujairah […]
Egypt’s Prime Minister inspects Al-Alamein to follow up on projects
Prime Minister Mostafa Madbouly visited the new city of Al-Alamein in an inspection tour to follow up on the development work being carried out there, especially in terms of utilities. During the tour, Madbouly listened to Minister of Housing Assem Al-Jazzar review the volume of investments in the new city and explain that these investments […]
Azizi awards Hyundai lifts’ installation contract for Riviera project
UAE-based Azizi Developments has signed an agreement with Bin Ham North Ocean Elevators for the supply, installation, testing and commissioning of premium Hyundai elevators for the third phase of its flagship waterfront community project, Riviera, in Dubai. Bin Ham North Ocean Elevators has been the exclusive distributor of Hyundai lifts in the UAE for nearly […]