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Monday, November 17, 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

Saudi Fund for Development Celebrates Fifty Years of Global Impact

The Saudi Fund for Development celebrated its 50th anniversary in Riyadh this week, under the theme 50 Years of Global Impact. The event brought together key development partners to reflect on the SFD’s significant contributions to sustainable development worldwide.

Strong Profits Forecast for Kuwaiti and Other Gulf Oil Refineries for FY2025

Kuwaiti oil refineries Al-Zour and Al-Ahmadi, along with Mina Abdullah and Duqm, which are jointly owned by Kuwait and the Sultanate of Oman, are poised for significant profits in the years 2024 and 2025.
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Tech Lender Ayan Capital to Raise £25 Million in Series A Funding

London-based Ayan Capital, an Islamic car finance platform for private hire vehicle (PHV) drivers is looking to raise up to £25 million in Series A debt and equity funding.

Niger, Mali and Burkino Faso Signal Intention to Leave ECOWAS

The trio of West African countries have signalled their intention to leave the Economic Community of West African States and set up their own trading bloc, dubbed the Alliance of Sahel States.

Chef Gordon Ramsay Says that Moroccan Cuisine is Number One

According to the world’s best cuisine competition sponsored by Pubity Cuisine, renowned British Chef Gordon Ramsay says Morocco has the best in the world.