The Abu Dhabi National Oil Company (Adnoc) will invest Dh165 billion ($45 billion) in development plans for Ruwais City, a 6.9-sq-km community near the Ruwais Industrial Complex in Abu Dhabi’s Al Dhafra region, a media report said.
Abu Dhabi Ports (ADP) has launched new free zone warehouses and light industrial units (LIUs) at the Khalifa Industrial Zone Abu Dhabi (Kizad) in response to the needs of distributors, manufacturers, shippers and logistics firms.
Abu Dhabi government has rolled out its Dh50-billion ($13.6 billion) development accelerator programme which will be based on four main tenets: business and investment, society, knowledge and innovation, and lifestyle.
Leading UAE developer Meraas has announced the launch of a new residential neighbourhood at La Mer, a Dubai beachfront destination that boasts a unique mix of shopping, dining, leisure, entertainment, hospitality and residential options.
UAE-based Damac Properties has awarded a Dh512-million ($139 milllion) contract to China State Construction Engineering Corporation (CSCEC) for the construction of Tower C at its luxury mixed-use development, Aykon City, located on Sheikh Zayed Road in Dubai. Aykon City features the concept of an entire city-like infrastructure within Dubai.
Signature Developers, a pioneering developer of luxury properties in Dubai, said its upcoming The Residences JLT provides the city’s largest master-planned community with its first super prime apartments.
Leading property development firm RAK Properties has launched two projects – Marbella Villas and a new public realm entertainment area called Angel Bay – on Hayat Island, a mixed-use project spread over a sprawling 6-million-sq-ft area in Ras Al Khaimah.
Dubai Hills Estate, a joint venture between leading developers Meraas and Emaar, said the construction work on the championship golf course at its Dubai Hills Golf Club development has been completed. The 18-hole par-72 championship golf course was designed by European Golf Design of Dubai Hills Golf Club. It is set on a 1.2- million-sq-m area.
US-based Emerson, a global automation technology and software company, has recently opened its Middle East and Africa Flow Service Center at its Dubai campus. The facility will operate as a service centre for customers in the Middle East and Africa, said the company.
Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, has received the first shipment of caustic soda for its under-construction Al Taweelah alumina refinery, marking a major milestone in the project development, a media report said.
Abanos, one of the largest holistic interior fit-out and joinery companies in the UAE, said it has been awarded a key contract by Dubai World Trade Centre for interior fit-out and joinery work on Expo Village at the site of Expo 2020 Dubai.
Dragon City tower deal awarded Master developer Nakheel has signed a contract for the construction of Dragon Towers, its new, twin-building residential complex with a total development value of Dh713 million ($194 million), to be built at Dragon City mixed-use community in Dubai.
