Property, infrastructure, engineering and materials
Dubai Chambers Chairman Sultan bin Saeed Al Mansoori stated that Chinese tech systems will play a key role in expanding Al Maktoum International Airport. The $34.9 billion project aims to incorporate Chinese operational expertise in passenger processing and automation. The airport's expansion targets an eventual capacity of 260 million passengers and 12 million tonnes of cargo.
UAE-based Gargash Prime and JINGDONG Property, the infrastructure arm of China's JD.com, signed a joint venture memorandum of understanding to develop a 2.5 million square foot logistics facility in Dubai. Signed during the Dubai Business Forum – China in Shenzhen, the hub aims to support regional supply chain operations across the Middle East.
Sharjah has launched an initiative targeting a 20 percent rise in foreign direct investment to reach $2.5 billion annually. Authorities are introducing AI tools for investors and focusing on logistics, transport, manufacturing, hospitality, and technology. The emirate has also approved 52 real estate projects for foreign freehold ownership under Executive Council Resolution No. 30 of 2022.
Emaar founder Mohamed Alabbar has previewed a new development named Dubai Mall Plaza and Hotel in Downtown Dubai via social media. The shared computer-generated video reveals a pedestrian-oriented plaza design with illuminated architectural features set against the Burj Khalifa. Project details including the investment figure and completion timeline have not yet been disclosed.
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