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.
California and 11 states have sued to block Paramount's $110 billion acquisition of Warner Bros. Discovery, alleging the deal would create a media behemoth with the power to raise prices in film and television.
The Dubai Ports Authority has held a coordination meeting with shipping companies, cargo operators and key partners to enhance the efficiency of container movement and goods through Dubai's ports.
Abu Dhabi Future Energy Company, Masdar, has announced financial close for the world's first gigascale 24/7 renewable energy project, marking a defining milestone in the commercialisation of the next generation of clean energy infrastructure.
Volkswagen may need to cut about 50,000 more jobs to match the competitiveness of rivals, its CEO told staff in an internal memo, effectively confirming for the first time that the automaker is looking to reduce up to 100,000 positions.
The UAE has welcomed the US government's decision to elevate the UAE to an 'A5' export control designation, highlighting that it advances the decades of bilateral cooperation in technology, security, trade and investment.
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