Browsing: infrastructure development

Passenger traffic at UAE airports increased by 14.2 per cent in the first half of 2024, with over 71.75 million passengers handled, up from 62.79 million in the same period last year.

InterContinental Dubai Festival City has announced major upgrades to its leading event spaces, now rebranded as “Events by InterContinental.”

The Dubai real estate market may see 25,000 new homes by year-end, according to the Asteco Q2 2024 real estate report.

The Royal Commission for Riyadh City (RCRC) and the Ministry of Sport have unveiled designs for the King Salman Stadium, which will be among the largest sports venues worldwide.

Dubai’s Roads and Transport Authority (RTA) has introduced two new marine transport routes serving Dubai Creek Harbour.

Sharjah Real Estate Registration Department has announced a 17.7 per cent rise in real estate transaction values in the emirate’s Central and Eastern regions during the first half of 2024. According to the department’s semi-annual report, the total value reached AED 646M.

Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation, visited the Republic of Paraguay to strengthen collaboration between the two countries across political, economic, and trade sectors, as well as enhancing people-to-people ties.

Dubai Investments has begun the development of DIP Angola, a transformative mixed-use project covering 2,000 hectares in the Dande province, 50 kilometers from Luanda. Set to be Angola’s first fully integrated economic zone, DIP Angola is all set to create a new example in the region’s urban planning and economic growth. 

In a significant development for UAE-Indonesia relations, President Sheikh Mohamed and Indonesian President Joko Widodo…

Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has given the green light to the ‘Tasreef’ project aimed at improving Dubai’s rainwater drainage network. With a total cost of AED 30B, the initiative stands as one of the emirate’s largest strategic infrastructure undertakings. ‘Tasreef’ will significantly enhance Dubai’s rainwater drainage capacity by 700%, covering all areas of the emirate.