The OPEC Fund for International Development has announced the signing of a US$50 million term loan agreement with ACWA Power to support the construction and operation of a 1.5 gigawatt (GW) combined cycle gas-turbine power plant in Sirdarya, Uzbekistan. The new plant, located near the border with Tajikistan, will replace an ageing, less efficient thermal […]

Al Ain City Municipality has completed the “Al Hayer Oasis” project in the northern sector of Al Ain city on a total area of about 25,500 square metres, at a cost of AED1.7 million. The project includes recreational facilities such as walkways with a total area of 2,337 square metres, on the edges of which […]