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Abu Dhabi’s Modon enters US residential market

Abu Dhabi’s Modon enters US residential market

Developer Modon Holding has entered the US residential market through a joint venture. The Abu Dhabi company will hold a majority equity stake alongside Related

Mubadala and Actis to invest in clean energy producer

Mubadala and Actis to invest in clean energy producer

Abu Dhabi’s Mubadala Investment Company is partnering with UK private equity company Actis to invest €300 million ($352 million) in Rezolv Energy, a Romania-based

Elon Musk meets top officials on UAE visit

Elon Musk meets top officials on UAE visit

US billionaire tech entrepreneur Elon Musk has met with a number of Emirati officials on a trip to the UAE as rumours of a 2026 SpaceX listing swirl online. Discussions

Passenger traffic up 10% at Jordan’s Queen Alia airport

Passenger traffic up 10% at Jordan’s Queen Alia airport

Passenger traffic at Queen Alia International Airport in Jordan rose to nearly 9 million in the first 11 months of 2025, a year-on-year increase of 10 percent.  

Dewa announces latest water network project worth $78m

Dewa announces latest water network project worth $78m

The Dubai Electricity and Water Authority (Dewa) has awarded a contract worth AED289 million ($78 million) to strengthen the state-owned utility provider’s water

Adnoc secures $2bn from Korean agency for lower-carbon projects

Adnoc secures $2bn from Korean agency for lower-carbon projects

Abu Dhabi National Oil Company has secured AED7.34 billion ($2 billion) in green financing to fund lower-carbon projects across its operations. The facility, backed

Lebanon set to discuss draft law on funding shortfalls

Lebanon set to discuss draft law on funding shortfalls

Lebanese Prime Minister Nawaf Salam said on Friday the government had put forward a draft law to address a financial crisis that has crippled the economy for six

Work starts on 35km Dhahrat Namar Park in Riyadh

Work starts on 35km Dhahrat Namar Park in Riyadh

Work has started on Dhahrat Namar Park in southwest Riyadh as part of Saudi Arabia’s Green Riyadh initiative. The park, a 35-km corridor and covering 2.5 million

EGA to expand recycling capacity sixfold in Germany

EGA to expand recycling capacity sixfold in Germany

Emirates Global Aluminium is to invest $170 million to increase its recycling capacity in Germany by more than sixfold. The new facility of EGA Leichtmetall, near

Oman’s luxury hotel revenue jumps 19%

Oman’s luxury hotel revenue jumps 19%

Revenues at Oman’s luxury hotels jumped 19 percent to OMR222 million ($576 million) by the end of October compared to the same period last year, official government