Türkiye will need to invest at least $80 billion in electricity infrastructure through 2035, said the country's power minister, adding that it has to focus on mobilising private capital, international financial institutions, development banks and long-term institutional investors.
As China and Egypt celebrate 70 years of diplomatic ties, green development is taking centre stage, with Power Construction Corporation of China (PowerChina) advancing wind power projects portfolio totaling over 1.8GW in Egypt while expanding into energy storage and local manufacturing.
Patrizia, a leading European real estate and infrastructure investment manager, has appointed Hassan Awada as the senior executive officer for Middle East and North Africa region. Awada brings over 20 years of experience advising institutional investors across the full investment lifecycle.
Qatar is expected to award about $38.5 billion in new infrastructure projects over the next five years, including public-private partnerships, with the country setting up a dedicated platform to manage and grow its wealth fund’s domestic portfolio worth hundreds of billions of dollars.
WSP, one of the world’s leading engineering and infrastructure solutions firms, has appointed Sam Abdelfattah as its Senior Technical Director, Mission Critical Lead for the Middle East. Based in Riyadh, he will spearhead the growth of WSP’s mission critical and data centre offering.
Spanish infrastructure major Acciona said it has achieved a major safety milestone in Qatar by clocking 20 million safe man hours without a Lost Time Injury (LTI) across its water operations in the country. The milestone represents 917 consecutive days without an LTI, with the record maintained since February 2024.
Leading Saudi telecom services provider stc said one of its key units - specialised by stc - has been awarded Infrastructure Deal of the Year at the prestigious GBM Saudi Arabia Awards 2026, in recognition of its landmark SAR5.5 billion ($1.45 billion) telecom infrastructure financing.
Abu Dhabi has announced plans to host its first Water & Power Week in December, that will draw top policymakers, investors, utilities, tech firms and international organisations to discuss water security, infrastructure investment and innovation. The three-day will be held alongside the United Nations Water Conference 2026.
Dubai has approved the first phase of a 80-km New Fourth Corridor project linking Sharjah and Abu Dhabi, with the initial stage costing about AED3.5 billion ($953 million). To be implemented in two phases, the project scope includes construction of 72 bridges, 17 tunnels and 45 stormwater drainage culverts.
SAL Logistics Services has signed two agreements with CIMC’s Middle East and North Africa Regional Headquarters to explore new areas of collaboration in logistics solutions and infrastructure, logistics zone development, and attracting Chinese businesses and investments to the kingdom.
