Opinion Infrastructure DP World port deal will be transformative for DRC The UAE is building economic corridors linking Africa to the world April 24, 2025
Construction RAK sets out $272m plan for ‘our version of Central Park’ Ras Al Khaimah is preparing an AED1 billion ($272 million) mixed-use masterplan to link two of its most prominent waterfront developments – Al Hamra and Al Marjan Island. The project is being led by Marjan, the master developer of freehold properties in the northern emirate, and will have its official launch later this year. “What […] April 24, 2025
Giga-projects Aiman Al Mudaifer named permanent CEO of Neom Neom is to appoint Aiman Al Mudaifer as its permanent chief executive, more than five months after he took on the role of acting CEO. Al Mudaifer has worked for the Public Investment Fund, the $925 billion sovereign wealth fund backing Neom, since 2018. He took over the CEO’s post at Neom, one of the […] April 23, 2025
Infrastructure Morocco to borrow for World Cup rail and airport projects Morocco is planning to seek loans to fund multi-billion dollar rail and airport projects as it prepares to co-host the Fifa World Cup in 2030, according to a minister. The projects include a high speed train network linking the commercial capital of Casablanca on the Atlantic with Marrakesh and a new civilian airport in Casablanca, […] April 22, 2025
Construction Bangladeshis dominate foreign labour in Oman Nearly 1.8 million foreigners work in Oman and more than a third of them are from Bangladesh, a major source of labour for oil-rich Gulf nations, according to official data. Around 637,000 Bangladeshis work in the sultanate, accounting for nearly 35 percent of the total expatriate labour force, reports the April bulletin of the National […] April 22, 2025
EXCLUSIVE Real Estate Dubai Investments plans IPO before year end, says CEO Dubai Investments is preparing to sell shares in four subsidiaries to the public and may list one of them before the year end, its CEO Khalid bin Kalban has told AGBI. The government-backed company manages AED22.1 billion ($6 billion) of assets in the UAE and beyond, in sectors including real estate, construction and building materials […] April 22, 2025
