Abu Dhabi / WAM Senior executives from Khalifa Economic Zones Abu Dhabi – Kezad group, the integrated trade, logistics, and industrial hub of Abu Dhabi, have attended the ground breaking of Metal Park Investment ME Ltd’s integrated Metal Park in Abu Dhabi. Covering a total land area of 450,000 square metres, the upcoming Metal Park in Kezad will be ...

Bloomberg The world faces a recession in 2023 as higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Centre for Economics and Business Research (Cebr). The global economy surpassed $100 trillion for the first time in 2022 but will stall in 2023 as policy makers continue their fight against soaring prices, the ...

  Dubai / WAM The pumped-storage hydroelectric power plant site that Dewa is building in Hatta is 58.48% complete. This is the first station of its kind in the GCC, with investments of up to AED1.421 billion. The project is planned for completion in Q4 of 2024. The power plant will have a production capacity of 250 megawatts (MW), a ...