The number of exploration permits surged to 259 in 2023, up from 58 in 2021, while licenses for building material quarries tripled to 538. Additionally, the London Metal Exchange, a commodities market…
Tag: facility
AD Ports Group refinances $2.25 billion syndicated loan facility
The company has been on an expansive investment and acquisition strategy through the last two years, whether that’s building or managing ports in overseas markets or corporate dates that gave it new…
Swiss-based NUOS and Abu Dhabi's AGWA partner to build world-leading alternative production facility
With this partnership, NUOS aims to become a top independent Contract Development and Manufacturing Organisation facility for alternative proteins, delivering scale, quality, and price parity with conventional meat products. The company will…
AD Ports Group to build green methanol storage, export facility in Egypt through new alliance
The new facility in Egypt will provide bunkering solutions for those shipping lines that have ordered green methanol powered vessels. It is aligned with AD Ports Group’s overall decarbonisation strategy and expansion…
Dubai South, Aldar to build facility for Kuehne+Nagel
The logistics facility, expected to be completed by Q2 2025, will cover an area of 22,915 square meters and will offer third-party logistics, e-commerce, and goods handling services. It is designed to…
ADNOC secured third 15-year LNG supply contract from its upcoming Ruwais facility
The LNG will primarily be sourced from ADNOC’s lower-carbon Ruwais LNG project, under development in Abu Dhabi’s Al Ruwais Industrial City. This is to be the first LNG export facility in the Middle…
Emirates Islamic debuts $500 million financing facility
The new financing facility further strengthens the bank’s balance sheet by increasing its ability to support its clients as well as its own strategic growth ambitions. Emirates NBD Capital Limited, HSBC Bank…