Abu Dhabi has showcased more than 600 projects worth over $55 billion, covering housing, transport, education and agricultural assets, to Turkish investors at Ankara.
The roadshow by the Abu Dhabi Infrastructure Summit (ADIS) aims to highlight opportunities for cooperation and to build long-term partnerships with Turkish companies, particularly in modular construction, transport, and complex engineering developments.
Mohammed Yousef Al Hosani, Executive Director at the Abu Dhabi Projects and Infrastructure Centre, highlighted the essential role of public-private partnerships (PPPs) and revealed that the capital city plans to use modular construction for 40,000 housing units over five years, creating opportunities for Turkish expertise.
Organised by the Abu Dhabi Projects and Infrastructure Centre (ADPIC), the summit includes the partnership of the Department of Municipalities and Transport, the Abu Dhabi Investment Office, and the Abu Dhabi Housing Authority, alongside leading Turkish engineering and contracting firms.
The UAE and Argentina have announced the launch of negotiations for a Comprehensive Economic Partnership Agreement (CEPA), marking a new step in efforts to deepen trade and investment relations.
Meraas, part of Dubai Holding Real Estate, has awarded a contract worth nearly AED 1 billion to GCC Contracting to build 272 villas and townhouses in Phase 7 of Nad Al Sheba Gardens.
Meta CEO Mark Zuckerberg on Wednesday has unveiled a small handheld gadget called Meta Charm for using its new Muse AI assistant, taking the company's hardware efforts beyond its successful smart glasses.
The Central Bank of the UAE has imposed strict enforcement measures on the UAE branches of Bank Melli Iran following violations of regulatory requirements, including legislation related to anti-money laundering and combating the financing of terrorism and proliferation financing.
A free trade agreement between India and New Zealand, signed in April, will come into force on October 20, Indian trade minister Piyush Goyal said on Monday, as New Delhi seeks to boost exports and attract investment amid shifts in global trade.
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