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ZAWYA: DP World, Arcapita begin work on logistics centre in Jafza

Staff WriterDP World and Lintara Properties, the real estate unit of Bahrain's Arcapita Group Holdings, have broken ground on a new 20,000 square metre build-to-suit logistics centre in Jebel Ali Free Zone (Jafza).Construction of the Grade A facility is expected to finish in the first quarter of 20…

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ZAWYA: Aster Al Raffah Walk Again launches second robotic rehabilitation centre in Oman

Sohar, Oman – Aster Al Raffah Hospitals & Clinics, part of Aster DM Healthcare, has announced the launch of its second Aster Al Raffah Walk Again Advanced Robotic Rehabilitation Centre in Oman, taking advanced care to serve patients in Sohar. This follows the successful establishment of the flagshi…

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ZAWYA: Roberto Cavalli signs exclusive licensing agreement with RAK Ceramics

Milan – Roberto Cavalli is pleased to announce the signing of an exclusive multi year licensing agreement with RAK Ceramics, one of the world's leading ceramics lifestyle solution providers, for the development, manufacturing and distribution of Roberto Cavalli branded ceramic tiles, sanitaryware a…

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DP World, Arcapita’s Lintara break ground on 20,000 sqm logistics centre in Jafza

Staff WriterDUBAI - DP World and Lintara Properties, the real estate development platform of Arcapita Group Holdings Limited (Arcapita), have broken ground on a new 20,000 square metre build-to-suit logistics centre in Jebel Ali Free Zone (Jafza).The Grade A facility is being developed by Lintara P…

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ZAWYA: Dubai Residential REIT acquires Jebel Ali Village townhouses for $243mln

Staff WriterDubai Residential REIT has acquired 220 townhouses in Jebel Ali Village through a forward purchase agreement, executed in May 2025, for AED 894 million ($243 million).The acquisition, which includes a mix of three- and four-bedroom townhouses in a family-focused community, increases the…

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UAE-Ukraine CEPA officially enters into force on July 1

Staff WriterABU DHABI - The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and Ukraine officially entered into force on 1st July, signifying a significant advancement in the two nations’ economic ties.The agreement aims to create new opportunities for trade, in…

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Economy
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ZAWYA: Bahrain Bourse-Nasdaq to overhaul clearing platform

Staff WriterBahrain Bourse (BHB) has announced a strategic agreement with Nasdaq to upgrade Bahrain Clear’s post-trade platform to Nasdaq Eqlipse CSD.The major infrastructure overhaul is scheduled for full deployment by the fourth quarter of 2028. The upgrade is designed to improve operational effi…

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UAE Fuel Price Committee announces prices for July

Staff WriterABU DHABI - The UAE Fuel Price Committee has approved lower fuel prices for July 2026, with prices falling from June levels, reflecting changes in global markets.The approved prices are as follows:Super ''98'': AED3.40 per litre.Special ''95'' : AED3.29 per litre.E-Plus ''91'': AED3.21…

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ZAWYA: France’s EDF-led group to build 2,000 MW hydro plant in Oman

Staff WriterA consortium led by France’s EDF power solutions has signed a deal with Oman’s Authority for Public Services Regulation to build a 2,000-megawatt (MW) Jabal Abyad Pumped Hydro Energy Storage (PHES) project in Oman that would become the largest hydro plant in the Middle East.The other me…

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ZAWYA: Arab Energy Fund set to issue Chinese Panda bonds

Staff WriterThe Arab Energy Fund will issue its first onshore Renminbi-denominated Panda bonds in China by 2026-end or early 2027, its Chief Financial Officer Vicky Bhatia told CNBC Arabia.The fund received regulatory approval from China’s National Association of Financial Market Institutional Inve…

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ZAWYA: Masdar breaks ground on inaugural 1GW wind farm in Kazakhstan

Zhambyl Region, Kazakhstan: Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, today formally broke ground on its 1-gigawatt (GW) wind farm in the Zhambyl region of Kazakhstan.The wind farm is Masdar’s first renewable energy development in Kazakhstan and one of the largest…

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