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Welcome to our Resource Center, your hub for the latest insights and updates in the MENA region. Explore our collection of blogs, discover funding deals, stay informed on government initiatives, and keep up with key business conferences

Government Initiative in UAE

Read about all the government initiative in UAE

UAE

  •  December 20, 2024

Foster + Partners has unveiled designs for Regent Residences Dubai, Sankari Place, featuring two 180-meter twi ..Read More

Foster + Partners has unveiled designs for Regent Residences Dubai, Sankari Place, featuring two 180-meter twisting residential towers in Marasi Marina, Business Bay. The design includes 60 interlocking apartments with panoramic views of the Burj Khalifa, private pools, and expansive terraces for outdoor living. Highlights include a sky pool connecting the towers, a greenery-filled podium with amenities, and retail spaces integrated with the marina promenade. The project emphasizes luxury, nature, and wellbeing.
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UAE

  •  December 19, 2024

Dubai's Roads and Transport Authority (RTA) has awarded a AED20.5 billion contract for the Dubai Metro Blue Li ..Read More

Dubai's Roads and Transport Authority (RTA) has awarded a AED20.5 billion contract for the Dubai Metro Blue Line to a consortium of MAPA, LIMAK, and CRRC. The 30-kilometer line, featuring 14 stations, will improve connectivity and support the Dubai 2040 Urban Master Plan. With a focus on sustainability, the Blue Line will reduce traffic congestion, boost property values, and enhance public transport, serving up to 320,000 passengers daily by 2040. Construction will begin in April 2025, with operations expected to start in September 2029.
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UAE

  •  December 18, 2024

Ohana Development has partnered with luxury brand Jacob & Co. to launch "Jacob & Co. Beachfront Living by Ohan ..Read More

Ohana Development has partnered with luxury brand Jacob & Co. to launch "Jacob & Co. Beachfront Living by Ohana," a luxury beachfront project in Abu Dhabi. Featuring villas, apartments, and mansions with stunning sea views and resort-style amenities, the development includes unique offerings like the Jacob & Co. Beach Club and Seafront Cigar Lounge. Completion is slated for Q2 2028, with the official launch in Q1 2025.
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UAE

  •  December 18, 2024

ADNOC Drilling, SLB, and Patterson-UTI finalized the Turnwell Industries joint venture, with ADNOC holding a 5 ..Read More

ADNOC Drilling, SLB, and Patterson-UTI finalized the Turnwell Industries joint venture, with ADNOC holding a 55% stake. Turnwell has achieved record efficiency in its initial 144 unconventional wells, reducing delivery time by 13% and costs by 53% on a four-well pad. The JV aims to unlock Abu Dhabi’s vast unconventional oil and gas resources using advanced drilling technologies and AI-driven innovations.
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Oman

  •  December 18, 2024

RINA has been selected by Hassan Allam Construction and its subsidiary Kortech to oversee systems integration ..Read More

RINA has been selected by Hassan Allam Construction and its subsidiary Kortech to oversee systems integration for the Hafeet Rail project, a 303 km railway network connecting the UAE and Oman. The project will improve transportation, reducing travel time between Abu Dhabi and Sohar to 100 minutes and transporting 15,000 tonnes of cargo per journey. RINA will ensure the integration of subsystems, including signalling and telecommunications, while Kortech will manage the efficient execution of project systems.
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UAE

  •  December 16, 2024

Drydocks World and GE Vernova have secured a contract to deliver Ostwind 4, a 2 GW offshore wind grid connecti ..Read More

Drydocks World and GE Vernova have secured a contract to deliver Ostwind 4, a 2 GW offshore wind grid connection in Germany's Baltic Sea, powering nearly 2 million households. The project includes HVDC technology, offshore and onshore converter stations, and a 110-km DC cable system, marking Germany's first deployment of 525 kV HVDC in the Baltic. This initiative supports European energy security and the global clean energy transition.
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UAE

  •  December 16, 2024

XRG and bp have finalized the formation of Arcius Energy, a joint venture focused on international natural gas ..Read More

XRG and bp have finalized the formation of Arcius Energy, a joint venture focused on international natural gas operations, with bp holding 51% and XRG 49%. Initially operating in Egypt, the JV combines their technical expertise and aims to build a competitive gas portfolio while supporting a lower-carbon energy transition. Naser Saif Al Yafei was appointed CEO, and Katerina Papalexandri CFO, bringing extensive experience from ADNOC and bp.
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UAE

  •  December 16, 2024

ADNOC has signed a 15-year Sales and Purchase Agreement with Germany’s EnBW for 0.6 million tonnes per annum ..Read More

ADNOC has signed a 15-year Sales and Purchase Agreement with Germany’s EnBW for 0.6 million tonnes per annum (mtpa) of LNG from the Ruwais LNG project, set to begin deliveries in 2028. This marks ADNOC’s second long-term LNG deal with Germany, advancing UAE-Germany energy collaboration under the ESIA agreement and supporting decarbonization efforts. The Ruwais LNG project will double ADNOC Gas’ production capacity to 15 mtpa by 2028.
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