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Friday, September 19, 2025

Major Infrastructure Projects

China’s ¥1.2 Trillion Tibet Dam Ignites Global Metals Rally

Aimed at powering growth and cutting emissions, China’s mega-dam is set to supercharge demand for steel, copper, and key industrial metals, reshaping supply chain priorities for miners, manufacturers, and policymakers alike.

Iran and Armenia Power Up for Regional Growth

The completion of a 270-kilometer, 400 kV power transmission line between Iran and Armenia, stretching through Armenia’s mountainous and forested terrain is the longest transmission line in the country and is expected to facilitate a more efficient and stable exchange of electricity between Iran and Armenia.

Kuwait Endorses Iraq’s USD 17 Billion Road Infrastructure Project at COP29

At the recent United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, Kuwait's Crown Prince, H.H. Sheikh Sabah Khaled Al-Hamad Al-Sabah, reaffirmed his nation’s support for Iraq’s landmark road infrastructure project, promising 100,000 jobs for the duration of the project.

Renewable Energy is Africa’s Path to Economic Transformation

At the recent African Utility Week and Power Africa conference, UN Secretary-General António Guterres emphasises the need for Africa to embrace renewable energy as a foundation for its economic and environmental transformation.

Hassana and EIG Sign MoU on Energy Transition Projects in KSA

Collaboration aims to advance selected green energy transition projects in the Kingdom of Saudi Arabia and the rest of the region with EIG’s targeted USD 1 billion dedicated regional fund.

EDB Hosts Gateway Gulf Investor Forum in Bahrain

Bahrain is set to host the second edition of the Gateway Gulf Investor Forum at the Four Seasons Hotel in Bahrain Bay this week.

Nakeel Awards AED 5 Billion in Construction Contracts

Nakeel, a subsidiary of Dubai Holding Real Estate, awards three major contracts to the value of AED 5 billion for the construction of luxury villas on the first six fronds of Palm Jebel Ali Dubai.

Egypt’s Ras El Hekma Megaproject Hits Major Milestone

The President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and President of the Arab Republic of Egypt His Excellency Abdel Fattah El-Sisi, ADQ, an Abu Dhabi-based investment and holding company, appointed Modon Holding PSC as the master developer for the Ras El Hekma megaproject at this month’s signing ceremony in Egypt.

Latest news

The K-Drama That Triggered South Koreans

In gun-free South Korea, a bold K-drama, Trigger, has stirred robust debate about weapons and norms within Korean civil society.
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KSA’s 6 Billion Investment in Syria as Regional Diplomacy Realigns

With USD 6.4 billion in fresh deals, the Kingdom is staking its claim on Syria’s future and sending a clear message: Arab-led recovery is back in focus.

KUN’s 50 Million Aims to Accelerate Stablecoin Adoption Amid Hong Kong’s Regulatory Surge

KUN’s recent Series A $50 million funding round signals a pivotal moment for stablecoins, ushering in a new era of regulated, efficient, and cross-border digital payments across Asia.

Must read

The New Modern Art Dubai 2025 Unveils a Bold Line-Up

This weekend, Art Dubai 2025 promises to transform the city into a pulsating hub of creativity with 120+ exhibitors, daring digital commissions, and cutting-edge conversations—redefining the global art scene from the heart of the UAE.

Merck Foundation CEO Senator Dr Rasha Kelej Awarded for Supporting Girls’ Education

The Business Executive Group awarded the Merck Foundation CEO Senator Dr. Rasha Kelej for her efforts to empower girls’ STEM education at the Global She Achievers Award 2024 this month.
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Bank Muamalat To Launch Islamic Banking Super App By Q4 2024

Bank Muamalat Malaysia Berhad (Bank Muamalat) partners with Backbase, and Mambu to lead its digital Islamic banking transformation.

Indonesia’s Housing Ambition Faces Real-World Challenges

Indonesia’s bold plan to build three million homes a year to bridge the housing gap is garnering support not just from its central bank but also from countries looking to invest in the nation's real estate. However, financial roadblocks are just one of many challenges standing between vision and execution.

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Indonesia’s International Modest Fashion Festival kicks off in Paris this month, and its famous handwoven textiles do not disappoint.