“RTA is committed to the continuous enhancement of roads and infrastructure in line with Dubai’s urban development,” the authority said in a statement
infrastructure investment
Latest in infrastructure investment
construction industry
Knight Frank bullish on Egypt as project pipeline valued at $565.5bn
$120bn of projects currently under construction; outlook strong, with major opportunities in chemical, power and transport sectors
Abu Dhabi
Gridora to develop $9.6bn Abu Dhabi infrastructure projects
Gridora signs deal to start development of high-impact transport infrastructure projects in Abu Dhabi
infrastructure investment
Riyad Capital announces $270mn project in Saudi city of Abha
To be built in collaboration with Mdr Development, the Shalalat Abha Project will be spread across an area of 1mn square meters
Dubai
Dubai’s Al Maktoum Bridge gets 50-year lifeline after RTA’s major maintenance overhaul
The advanced maintenance work included the replacement of metal curtains supporting the bridge walls in the Creek area
infrastructure investment
US infrastructure giant Stonepeak expands Middle East footprint with Saudi Arabia office
Stonepeak also named senior investment professionals Steven Ciobo and Fadi Kerbaj to lead the company’s engagement on the ground in Riyadh
ADQ
ADQ, IHC and Modon JV Gridora to accelerate infrastructure projects
Platform will collaborate with specialist partners and capital providers to advance the delivery of strategic infrastructure projects
Abu Dhabi
UAE Eid Al Adha expected dates; Dubai real estate top areas; New Saudi commercial law; Trump plans Gulf visit – 10 things you missed this week
Eid Al Adha in the UAE, Dubai real estate analysis, Donald Trump’s plans to visit the Gulf and more top news stories this week
Dubai
Dubai Loop to trigger new wave of real estate investment demand, experts say
The project is expected to follow a similar pattern of rising property prices as seen along Dubai Metro’s Red Line, which experienced an increase of 27% to 44% between 2010 and 2022
Dubai
Massive new RTA project to significantly ease traffic in Al Awir 1 area
The project includes building 16.5kms of internal roads and adding a lane to Emirates Road that extends from the entrance of Al Awir 1 to Sharjah
Gulf investments
Kerala to see massive investments in IT, tech parks by Gulf-based business groups, says minister
The southern Indian state of Kerala is gearing up to develop several dedicated infrastructure facilities, including the opening of a business jet terminal at Kochi Airport, to significantly promote medical and MICE tourism from the Gulf region
Dubai
RTA announces major entry, exit upgrades to four Dubai residential areas
The improvements are expected to increase capacity by 50 percent to 80 percent upon completion
Dubai
Dubai traffic to ease: RTA announces completion of extensive Al Jamayel Street development project
The project, which was formerly known as the Garn Al Sabkha project, involved the construction of four bridges spanning 2,874 metres, with a capacity of 17,600 vehicles per hour
AD Ports Group
Vingroup, AD Ports Group sign MoU to explore developing ports, logistics sectors in Vietnam
AD Ports Group is to manage the operational aspects of the projects, while connecting with international customers to position Vietnam as an essential part of the global supply chain
infrastructure investment
Kuwait signs $1.3 bn of road improvement deals
The contracts are for a three-year period
Future of logistics
Saudi Arabia: Global, regional players move to cash in on upcoming mega-events Expo 2030, 2034 FIFA World Cup amid logistics industry boom
Saudi Arabia’s modern infrastructure and business-friendly environment make it an attractive destination for global logistics giants
Egypt
Egis secures construction supervision contract for Egypt’s new metro line
The project aims to transform Alexandria’s existing diesel train service into a modern electric metro system