Browsing: infrastructure development

AD Ports Group has signed a 50-year land lease agreement with Al Ain Mills, a subsidiary of Al Hazaa Investment Group, to develop a cutting-edge grain storage and processing facility at Khalifa Port’s South Quay. This initiative will strengthen the port’s infrastructure and reinforce its role as a major regional trade hub.

The UAE is experiencing significant expansion in its mega projects across key sectors, including infrastructure, renewable energy, and real estate, aligning with a strategic vision that prioritises sustainability in economic policies.

His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, approved the emirate’s 2025 general budget, totalling AED 42 billion—the largest in Sharjah’s history.

British International Investment (BII), the UK’s development finance institution, has pledged up to $35M for the first phase of a new container port in the Democratic Republic of Congo (DRC). The Port of Banana will be the DRC’s first deepwater container port, enhancing the country’s access to global markets and unlocking significant trade potential.