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INFRASTRUCTURE

Blackstone to invest Rs. 380 cr in Allcargo’s industrial and logistics parks.

Private equity firm Blackstone will invest as much as Rs. 380 crore in Allcargo Logistics to develop industrial and logistics parks across India. Blackstone’s investment in the platform will be through... Full Story

Adani Ports buys Krishnapatnam Port from CVR Group for ₹13,500 crore.

Gautam Adani-led Adani Ports and Special Economic Zone Ltd. (APSEZ) will buy a 75 per cent stake in Krishnapatnam Port... Full Story

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Delhi Metro green, pink line stations to be connected by a walkway soon.

For an easy interchange between green and pink lines, the Delhi Metro Rail Corporation (DMRC) is constructing a walkway of 230 metres... Full Story

Dubai’s Jumeirah eyes Saudi mega-projects.

Jumeirah, the leading hotels and leisure group in the Middle East, is planning big developments in Saudi Arabia’s “mega-projects,” CEO Jose Silva told Arab News... Full Story

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Emaar begins work on Phase III of Expo Golf Villas project.

Emaar has begun work on Phase III of Expo Golf Villas project.
Expo Golf Villas is a collection of three and four-bedroom villas located near... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

Abu Dhabi's Yas Island could welcome more theme parks.
Mohamed Al Zaabi, CEO of Miral Asset Management, has refused to rule out adding further theme parks to Abu Dhabi’s Yas Island.
Miral was set... Full Story
Bahrain starts work on new $222m expo centre
Bahrain is to start construction on a new international exhibition and convention centre, which is due to be completed in two years’ time, it was... Full Story
Work starts on $32m plan to reduce Al Ain flash flooding risk
Abu Dhabi General Services Company, also known as Musanada, and the Al Ain Region Municipality have commenced work on the Al Ain Rainwater Streams project.Full Story
Dubai's Nakheel starts work on Palm Tower infinity pool.
Master developer Nakheel has started work on the rooftop infinity swimming pool at The Palm Tower, its 52-storey, luxury hotel and residential complex at the... Full Story
Yas Bay Arena sees 'significant' construction milestone.
Miral has announced a significant construction milestone at the Yas Bay Arena development with the installation of the arena’s longest roof truss.
Mohamed Khalifa Al... Full Story
Sheikh Mohammed announces $272m Fujairah infrastructure projects.
Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, recently announced the allocation of AED1 billion ($272 million) for infrastructure projects... Full Story
Virgin Hyperloop One to connect Saudi's megaprojects including Neom and The Red Sea Project.
Virgin Hyperloop One is likely to reveal details of its plan to link Saudi Arabia's Neom, The Red Sea Project, and Qiddiya gigaprojects together, and... Full Story
Sheikh Hamdan approves Dubai Silk Road strategy
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has approved the Dubai Silk Road strategy that seeks to build on the... Full Story