Property, infrastructure, engineering and materials
The Abu Dhabi Real Estate Centre has launched a mandatory training course for brokers seeking commercial licences. The curriculum replaces the previous course and introduces the ADREC Certified Broker credential, which requires annual renewal.
Asia-Pacific real assets manager ESR has announced an expansion into the Middle East, targeting a $10 billion development pipeline in logistics and digital infrastructure. The initiative initially targets the United Arab Emirates and Saudi Arabia to develop scalable warehouses and data centres. ESR is currently negotiating with regional strategic partners and securing land positions.
Abu Dhabi Projects and Infrastructure Centre has signed an agreement with Elon Musk's The Boring Company to evaluate underground transport and utility tunnel solutions across the emirate. The partnership was finalised during the Liveability and Investment Exhibition in Abu Dhabi. The initiative will examine feasibility, delivery models, and local capability development in advanced tunnelling technologies.
Chinese state contractor Sinopec has completed over 80% of construction on sections six and seven of Saudi Arabia's National Natural Gas Pipeline Network Phase III Project. The contractor has welded more than 678 kilometers of large-diameter pipeline using Chinese-made automated welding and intelligent equipment. Once finished, the 700-kilometer desert route will supply natural gas to King Abdullah Economic City and multiple power stations.
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