 |
| |
Power management company Eaton has started manufacturing its electrical products and power management systems in the Middle East.
The United Arab Emirates (UAE) has pledged to invest up to $275m alongside partners from the US, Japan and South Korea in nuclear energy projects in Romania.
French multinational electric utility company, ENGIE, has invested approximately $12 billion (AED44 billion) in energy, water desalination, and green hydrogen projects in the United Arab Emirates (UAE).
A consortium of Metito and Orascom Construction has won a $2.4 billion deal to construct a mega desalination plant in Abu Dhabi.
The consortium, led by Orascom Construction, will develop, own, and operate the plant in partnership with ADNOC and TAQA.
Zain, a leading provider of innovative technologies and digital lifestyle communications in the Middle East and Africa, has been recognised for its pioneering efforts in sustainability and diversity, equity, and inclusion (DEI).
The Investment Promotion Agency Qatar (IPA Qatar) has signed Memorandums of Understanding (MoUs) with Siemens and Emerson.
Emirates Global Aluminium (EGA) and BP have signed a non-binding and non-exclusive memorandum of understanding to explore ways to reduce the carbon intensity of EGA’s supply of calcined petroleum coke.
AD Ports Group, a UAE-based port operator, has signed a memorandum of understanding (MoU) with Brazil’s Vale to establish a low-carbon mega hub in Abu Dhabi for industrial complexes that produce steelmaking products.
ADNOC Drilling Company PJSC has signed a $75 million agreement with Honghua Golden Coast for the purchase of six new-build hybrid power land rigs.
The rigs will progressively enter the fleet in Q2 2024, with partial revenue and EBITDA contributions in 2024 and full-year contributions from all rigs in 2025.
The Al Habtoor Group has appointed China Railway 18th Bureau Group as the main contractor for its $1 billion Al Habtoor Tower, the largest residential building in the world.
The project, which is being built in Dubai, will comprise 1,701 keys over a built-up area of 3,517,313 square feet and 81 floors above ground.