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Friday, April 25, 2025

Major Infrastructure Projects

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.

Sheikh Sultan Bin Ahmed Makes a Mark in Kyrgyzstan 

Deputy Ruler of Sharjah and Chairman of the Sharjah Media Council Sheikh Sultan bin Ahmed bin Sultan Al Qasimi laid the foundation stone for the Al Reeh Al Mursala Clinic and the drinking water network projects in Kyrgyzstan.

Latest news

DeFi Is Disrupting Finance but Jury is Out on Useability for the Unbanked

Decentralised Finance is reshaping the way money flows—challenging long-standing barriers to access. With blockchain at its core, it holds revolutionary potential—but can it truly deliver on its promise?
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North Korea Opens Borders for the Pyongyang International Marathon

Despite North Korean dominance at the Pyongyang International Marathon, the participation of foreign runners has sparked global interest, fueling speculation that the country is jogging into soft diplomacy.

Zimbabwe’s Presidential Internet Scheme to Train 1.5M Coders

Zimbabwe’s Presidential Internet Scheme aims to bridge the digital divide and expand opportunities for youth through education, economic empowerment, and tech innovation, particularly in underserved rural areas.

Must read

KSA Calls COP16 Policymakers to Tackle Land Degradation

Saudi Arabia has called on the world's policymakers to urgently address land degradation, drought and desertification ahead of the 16th UN Convention to Combat Desertification COP16 in Riyadh in December 2024.

Top Six Reasons to Fly by Private Jet

According to Private Jet Comparisons President Doug Gollan, some reasons users choose private aviation over commercial flights are saving time, being able to use closer airports, and avoiding schlepping among unwashed crowds. Sounds good to me! What's the catch?
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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.

Kazakhstan Emerges as a Central Player in Central Asia

According to Kazakhstan’s Deputy Foreign Minister Roman Vassilenko, in a recent meeting between his boss Murat Nurtleu and the EU High Representative for Foreign Affairs and Security Policy Josep Borrell, the European officials said that “Kazakhstan used to be in the middle of nowhere, and now it is in the middle of everywhere”. The summit in Astana has yet again shown that Kazakhstan continues to emerge as a middle power.