ENBD REIT announced that its net asset value (NAV) for the third quarter of 2022 rose to US $173mn ($0.69 per share), up from $168mn the previous year. A statement from ENBD REIT explained the growth reflects the continued positive momentum in the Dubai real estate market, and the benefits from effective asset management initiatives. […]

ACCIONA has revealed that it has ramped up to full production of water during the final testing of the Al Khobar 2 desalination plant. The infrastructure major said that the plant can produce 630,000cu/m of potable water per day, which is enough to meet the requirements of three million people. The plant is said to […]

Some of the biggest names in both the commercial vehicles and fleet sector were honoured during last night’s Truck and Fleet Awards 2023 in Dubai. In total, 21 winners were recognised, with the event hosting more than 140 guests from across the GCC at the Ritz Carlton JBR in Dubai. Winners on the night included […]