SHARJAH / WAM Sharjah Sustainable City — the first sustainable master-planned residential community developed by Sharjah Investment and Development Authority (Shurooq) in partnership with Diamond Developers — has announced strong sales performance in the first half of 2023, further demonstrating its position as a leading sustainable developer in the region. Launched at Acres 2023, the 4th and final phase of ...

ABU DHABI / WAM National Marine Dredging Group has announced a significant surge in its net profit during the first half of 2023, reaching AED 881 million. This remarkable achievement reflects the success of the group’s geographic expansion strategy and the successful execution of major projects. The first half year results demonstrate record-breaking numbers and substantial growth in both revenue ...

MADRID / WAM Masdar has signed a strategic agreement with Iberdrola, a global clean energy leader, to co-invest in the 476-megawatt (MW) Baltic Eagle offshore wind farm in the German Baltic Sea. Iberdrola will retain a majority 51% stake in the asset, which will help to accelerate green energy security in Europe. According to the deal terms, Baltic Eagle wind ...