Browsing: Infrastructure
Real estate service provider Jones Lang LaSalle’s (JLL) latest reports have indicated that construction in the Middle East and Africa (MEA) region continues to grow despite increasing price pressure.
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El-Molla, recently announced that the country expects to see investments of between USD 7 billion and USD 8 billion in the country’s energy sector in the current fiscal year.
Ayman Al-Bayaa, CEO of Benya Group and Chairperson of Bunya Systems, said that the Saudi market offers an array of investment opportunities including data centers, smart city solutions and information security.
In an effort to further renewable energy development SCzone, Egypt’s sovereign wealth fund, has signed a deal to implement the production of 300,000 tons of green ammonia.
hrough its presence at ATM 2022 (this year’s Arabian Travel Market event), the Zimbabwe Tourism Authority (ZTA) is seeking to gain from the post-pandemic rise in travel and tourism across the Gulf.
The Kingdom of Morocco is aiming to increase its renewable energy output to 12 gigawatts by 2030, according to government sources. The announcement was made at the World Utilities Congress in Abu Dhabi.
AD Ports Group has signed an agreement with the Egyptian Group for Multipurpose Terminals to develop Egyptian ports.
With the new port, Nigeria aims to become an African transshipment hub and recover lost maritime business.
The OPEC Fund for International Development will contribute USD 14.3 million toward the funding of second phase of a study for the development of the Nigeria-Morocco Gas Pipeline project.
The proposed rail link would potentially bolster trade and foster economic development.