Browsing: Infrastructure
Dubai has ranked fifth among leading global ports in the ISCD Index thanks to investment in infrastructure and business diversification.
AD Ports gains 70% stake in two Egyptian maritime companies for USD 140 million in the company’s first international acquisition.
MSG Group and Bedeschi SPA Italia to create plant that will produce 1.2 million tons of cement and 1 million tons of klinker.
ACWA Power signs deal worth up to USD 1.5 billion that will provide power to over 1 million households in partnership with Hassan Allam Holding.
ASIF will focus on mobilizing capital and equity, promoting green projects and investing in logistics to improve interconnectivity within the continent.
Algeria hosted Qatari businessmen and officials to discuss investments across a number of sectors. Qatar represents 75% of all foreign investment in Algeria.
Saudi Crown Prince Mohammed bin Salman is set to embark on a regional tour to bolster international co-operation.
According to a report by Apicorp, energy investments over the next five years are set to grow by 9% to each USD 879 billion as exporters boost spending on the back of higher oil revenues.
Masdar, Abu Dhabi’s sovereign investment company’s green energy producer, and Egypt’s Infinity Energy are set to buy a majority stake in South Africa’s Lekela Power. The deal would involve buying private equity firm Actis’ stake, in a deal valued near USD 1 billion.
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.