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In the UAE, Nakheel awarded a US$220 Mn contract for the marine works on Palm Jebel Ali to Jan De Nul Dredging. The scope of work includes dredging, land reclamation, beach profiling and sand placement and directly supporting the construction of villas across all fronds.
Khalifa Economic Zones Abu Dhabi – KEZAD Group and UAE-based Abundance Solar Panels Industries have announced the signing of a 50-year land lease agreement for the establishment of a sophisticated solar panel plant in KEZAD Area A spanning over 27,000sq.m.
In a similar development, KEZAD Group signed a 50-year land lease agreement with Apex Engineering Industries, a UAE-based company, to establish a state-of-the-art manufacturing facility to produce industrial parts, components, machinery, and equipment for the oil and gas, locomotive, and defence sectors.
Abu Ghazaleh Investments (AGI) and developer Palace Group formed a joint venture to acquire a much sought-after site in Jumeirah on the south side of the Dubai Water Canal.
In Oman, Nama Water Services (Nama) awarded Galfar Engineering & Contracting a contract worth US$303.9 Mn to construct water distribution networks in Ibri, Yanqul and Dhank in Al-Dhahirah. The project is scheduled to be completed within 44 months.
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