Set for opening early 2026, this is the second joint venture Americana has with Egypt’s Farm Frites in the MENA region, to produce frozen French fries and specialty potato products. The new…
Tag: build
Neom build $186m concrete factory to support The Line
Neom’s CEO, Nadhmi Al Nasr, highlighted that the delivery of these concrete plants reflects the rapid advancement at Neom. Given that concrete is essential for both the substructure and superstructure of The…
Enercap Holdings, Apex Investment to build the world’s largest supercap energy storage capacity
Dubai-based supercap energy storage manufacturer Enercap Holdings and Abu Dhabi-based Apex Investment, a leading diversified investment holding company, have formed a joint venture to build 16GWh per year manufacturing capacity of supercap…
South Korea to build a 'Hollywood' to woo K-pop and K-drama fans
“Our plan is to create a giant entertainment city,” South Korea’s culture minister Yu In-Chon said in an interview with Bloomberg Television. “The government can draw a blueprint and offer infrastructure. We…
OpenAI co-founder raises $1 billion to build safe, powerful AI
Safe Superintelligence Inc., an artificial intelligence research lab co-founded by former OpenAI chief scientist Ilya Sutskever, has raised $1 billion in funding to build a safe and powerful AI system. Andreessen Horowitz,…
Abu Dhabi’s Aldar to build office tower on Sheikh Zayed Rd. in Dh1.8b Dubai expansion plan
This marks Aldar’s first commercial development in Dubai, following the company’s 2023 announcement to build new commercial assets across three destinations in Abu Dhabi as it caters to growing demand from regional…
Saudi Arabia inks deal with Chinese construction giant to build 20,000 homes
Riyadh: The National Housing Company (NHC) has signed an agreement with China State Construction Engineering Corporation (CSCEC) in the presence of the Minister of Municipal and Rural Affairs and Housing, Majid bin…
Dar Global signs deal with Trump Organisation to build Trump Tower in Dubai
Eric Trump, Executive Vice President, The Trump Organization, said, “We are proud to expand our presence in the region further through the launch of our iconic Trump Tower Dubai in collaboration with…
UAE master developer Aldar inks pact with DP World to build logistics park in Dubai
The project will target third-party logistics (3PL), eCommerce and retail tenants looking to expand or relocate, catering to the high demand for warehousing facilities. Construction of the new logistics park will begin…
ADNOC to build its biggest 5G network with e&
Work on the network is to be completed in 2025 andexpected to generate $1.5 billion (Dh5.5 billion) in value during its first five years of operation. “This landmark project with e& is…