Jordan and the UAE have signed agreements to initiate a US $2.3bn railway project, the project is set to connect Jordan’s Port of Aqaba to the key mining sites of Shidiyah and Ghor Al Safi.

The project – signed between Etihad Rail, the developer and operator of the UAE National Railway Network, and the Ministry of Transport – is part of a broader investment package totalling around $5.5bn, which was signed in late 2023 in the presence of His Majesty King Abdullah and UAE President Sheikh Mohamed bin Zayed Al Nahyan.

The agreement covers building, developing, and operating a Jordanian railway network spanning 360km, linking phosphate and potash mines to the Port of Aqaba. In addition, the company signed two additional MoUs with Jordan Phosphate Mines Company and Arab Potash Company to transport 16m tonnes of phosphate and potash annually from mining sites to the Port of Aqaba via the new railway network.

This strategic connection aims to create a ‘transformative’ shift in the transportation of essential materials, enhance export capabilities, and improve logistical efficiency. It will be a major factor in creating job opportunities in the transport and mining sectors and contribute to the kingdom’s wider economic development, said a statement.

During the signing ceremony, which was attended by UAE Minister of Investment, Mohamed Suwaidi, Jordan’s Prime Minister Bisher Khasawneh highlighted the strategic significance of the railway project, underscoring the ‘solid’ relationship between Jordan and the UAE.

The prime minister said railway work is expected to be completed within five years, with operations beginning in 2030, adding that detailed studies on the railway routes and the handling of potash and phosphate will be finalised by the end of 2025. Construction tenders are expected to be issued in early 2026.

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Red Sea Global (RSG) has said it has made significant progress in the ongoing development of AMAALA.

Inspired by the purity of the Red Sea, AMAALA is redefining coastal lifestyle with spaces designed for deep connection – to nature, to self and to community. From medical and integrative wellness and sun-drenched adventure to world-class art and transformative events, AMAALA seamlessly integrates meaningful spaces for both people and planet to flourish, the firm said in a statement.

“We have achieved remarkable progress across every aspect of AMAALA, from our signature resorts and immersive experiences to essential utilities and infrastructure. Our unwavering focus is on infusing sustainability and regenerative principles into every facet of the development. Once complete, AMAALA will present an extraordinary collection of assets and experiences that will elevate wellness, lifestyle, and human connection,” said John Pagano, Group CEO at Red Sea Global.

To date, RSG has partnered with Al Rawabi Hassan Allam, Shapoorji Pallonji Group, DEPA Group, Alec Engineering and Contracting, Havelock One and AL-AYUNI Investment and Contracting Company. These partners share RSG’s ambition to co-create luxury and wellness destinations that are developed in line with responsible development practices, prioritising regenerative initiatives and collaboration with local communities, the statement added.

Sharing an update on key areas of the project, RSG noted that on the Triple Bay Marina Village, the Equinox Resort is now topped out and concrete structure work on the Village Boutique Hotel main building, condos and villas is nearing completion. The project will soon offer guests scenic boardwalks, waterfront restaurants, boutiques and well-known retailers, plus a year-round events program, all set against the backdrop of the Red Sea. With the Marina, flooding of the marina basin was completed at the end of 2023, and contracts for the floating pontoons and fixed decks have been awarded as RSG begins placing the final touches to this stunning central feature.

On the AMAALA Yacht Club, all construction contracts have been awarded and concrete works are close to completion, with structural steel and MEP works now started. Steel and façade works at RSG’s marine life institute, Corallium, which will be home to various marine research operations and visitor experiences, is also said to be well advanced and the reef-inspired building is now visibly taking shape. With the Wellness Core, superstructures are present on 80% of the 220 buildings within the zone. This segment will include wellness resorts such as Jayasom and Clinique La Prairie, where guests will discover an environment where they can focus on mental, physical, and energetic regeneration.

With Triple Bay Central, partner resorts and residences in this area are on track, with Rosewood and Six Senses surpassing the two thirds complete milestone. At Four Seasons, the landscaping, MEP and façade works are underway. Set to open their doors in 2025, these resorts are a key part of AMAALA’s wellness and lifestyle ecosystem, providing guests with access to some of the world’s premier hotel, health, and leisure brands, the firm noted. AMAALA will boast three, nine-hole golf courses, plus a further nine-hole executive par 3 course. Phase one of development will total 18 holes and is proceeding well, with all major works complete for three holes, and the remaining 15 holes underway. The courses will allow visitors to experience sports and relaxation in a luxurious environment with scenic ocean views.

Commenting on primary infrastructure, works are said to be heading towards completion including 35km of internal roads, plus power, water, irrigation, and communications infrastructure. RSG is targeting to energise this segment in December 2024. In terms of public realm and landscaping, RSG said that it expects three million plants and trees to be planted before the end of the year.

In another major development, earlier this year the Ministry of Health approved the design for the AMAALA Hospital. The hospital will provide healthcare services for residents and visitors.

Once complete, AMAALA will feature close to 4,000 hotel rooms across 30 hotels as well as 1,200 luxury villas, apartments, and estate homes. It will also be supported by retail, fine dining, wellness, and recreational facilities. AMAALA will be powered entirely by solar energy, saving the equivalent of nearly half a million tons of CO2 emissions every year, the statement concluded.

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Future Cities, in collaboration with Emtelak Properties has unveiled the ‘Ocean Living’ project, which is billed as a luxury villa development in Fujairah’s Al Aqah Beach area.

Ocean Living provides a rare chance for UAE and GCC nationals to acquire 7,000sqft villas. Each home features five bedrooms, a private pool, an indoor elevator and a sea-view garden. For the first time, UAE and GCC citizens can purchase these properties through an escrow account payment system, said a statement from the firm.

Khalid Al Nasser, Chairman of Future Cities said, “The modern villas, equipped with premium amenities and strategically located, offers a high-end lifestyle in a safe and stable environment. This development represents a valuable investment for Emiratis and GCC citizens, aligning with Gulf cultural values for a pleasant living experience.”

“This project in Fujairah’s thriving real estate market offers a unique investment opportunity. Each villa ensures privacy and comfort, with a private garden, swimming pool, and stunning views,” Nasser added.

Ziad Abbas, CEO of Emtelak Properties stated, “Ocean Living is a high-quality addition to Fujairah’s real estate market, designed for those seeking a luxurious and tranquil lifestyle.”

Located near luxury hotels and recreational activities, including diving and fishing centers, Al-Aqah is celebrated for its sandy beaches and clear waters, making it an ideal destination for water sports enthusiasts, the statement concluded.

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Knight Frank MENA has announced the appointment of Petri Mannila as Partner and Head of Prime Residential, UAE. Mannila will lead the Prime Residential sales team, focusing on the firm’s position in the prime residential sector.

In his new role at Knight Frank MENA, Mannila will be responsible for leading and growing the Prime Residential sales team on driving value for the firm’s clients. His appointment comes at a pivotal time, as Dubai’s residential market continues to experience unprecedented growth, solidifying the city’s position as a global luxury real estate hub.

With over 20 years of experience in the real estate industry, Mannila brings knowledge in both development and the sales and marketing of residential properties. Prior to joining Knight Frank. Mannila has previously operated his own consultancies across Dubai, Monaco, and Helsinki, providing insights into the luxury real estate market, the firm said in its statement.

Will McKintosh, Regional Partner and Head of Residential MENA commented, “We are delighted to have Petri join our team at Knight Frank. His deep understanding of the prime residential market, coupled with his dynamic leadership, will be instrumental as we enter this exciting new phase of growth. Petri’s appointment underscores our commitment to maintaining our leadership in Dubai’s rapidly evolving real estate landscape. I have no doubt that under his guidance, our Prime Residential Sales team will continue to exceed expectations and deliver exceptional results for our clients.”

James Lewis, Managing Director of Knight Frank MEA added, “We are thrilled to welcome Petri to our team. His appointment marks a new phase of growth for our Prime Residential sales division. Petri’s expertise and dynamic approach will be invaluable as we continue to expand our services and meet the growing demands of Dubai’s thriving residential market.”

Mannila said: “I am excited and honored to join a prestigious brand like Knight Frank. The opportunity to lead the Prime Residential sales team and contribute to the firm’s legacy in Dubai’s competitive market is truly exhilarating. I look forward to leveraging Knight Frank’s global network and market-leading research to deliver exceptional results for our clients.”

The appointment of Petri Mannila is said to be part of Knight Frank’s ongoing commitment to strengthening its position in the Middle East’s dynamic real estate markets.

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Dubai’s Roads and Transport Authority (RTA) has opened two major bridges on Al Khail Road, in the direction of Jebel Ali. The bridges, located at Zaa’beel and Al Quoz 1, span a combined 1,350m and have capacity for up to 8,000 vehicles per hour. The RTA also announced that the overall Al Khail Road Development Project is 80% complete.

Al Khail Road, a major arterial highway, is more than 15km in length and comprises 12 major junctions. It passes through many of Dubai’s most rapidly developing districts, the RTA said.

The overall project includes the construction of bridges with a total length of 3,300m, along with additional lane widening over stretches of 6,820m. It aims to reduce travel time by 30% and increase traffic capacity by 19,600 vehicles per hour. These improvements are spread across seven sites on Al Khail Road: Al Jaddaf, Business Bay, Zaa’beel, Meydan, Al Quoz 1, Ghadir Al Tair, and Jumeirah Village Circle.

Mattar Al Tayer, Director General, Chairman of the Board of Executive Directors of RTA, stated: “The project aligns with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, Ruler of Dubai, to continue enhancing the road network infrastructure to support the ongoing development in the emirate. Our goal is to accommodate the needs arising from urban development and population growth and to improve traffic flow, which is guided by the follow-up of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence.”

The first bridge to be opened is located at Zaa’beel, and connects traffic from Zaa’beel Palace Street and Oud Metha Street to Al Khail Road towards Jebel Ali. This 700m bridge has three lanes and a capacity of 4,800 vehicles per hour.

The second bridge, located at Al Quoz 1, links traffic from Al Meydan Street to Al Khail Road towards Jebel Ali. This two-lane bridge extends 650m and has a capacity of 3,200 vehicles per hour.

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Samana Developers made its debut in the waterfront properties segment with the launch of two new projects worth US $179,718mn. Samana Ocean Pearl 1 and Samana Ocean Pearl 2 on Dubai Islands were sold out in just two hours, the developer said.

The developer said it purchased additional plots on Dubai Islands and planned to unveil new projects in coming days to meet demand. The developer said investors can obtain the UAE Golden Visa when buying certain properties; this long-term residency option has ignited interest in international buyers, particularly from Europe, it noted.

The Samana Ocean Pearl project spans 237,913sqft and offers one, two, three-bedroom apartments, and four-bedroom penthouses. Each unit offers residents a private pool.

“Samana Ocean Pearl projects are our first waterfront developments on Dubai Islands. New projects epitomise our innovative design concepts of resort-style living experience where we developed affordable luxury, value for money, and exceptional living experiences. We have buyers from all over the world, mainly Europe, asking for more than one unit which is a sharp demand for our waterfront property assets in one of the world’s most popular real estate hotspot,” said Imran Farooq, CEO of Samana Developers.

Every apartment is equipped with smart-home technology, ensuring that residents experience convenience and security. From automated lighting to energy efficiency, smart features are integrated to enhance modern living, the developer said.

Samana Ocean Pearl 1 and Samana Ocean Pearl 2 are slated for completion and handover in December 2026 and March 2027, allowing buyers to plan their investment and residency in Dubai.

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Emirates Global Aluminum (EGA) has announced the implementation of a digital greenhouse gas emissions tracking system to enhance transparency and accelerate decarbonisation, in line with the UAE’s National MRV Transparency System.

The Greenhouse Gas measurement, reporting, and verification system is a centralised digital platform for Scope 1 and 2 emissions data. The platform enables EGA to automate emissions tracking, documentation, and validation by independent third-party auditors. The data is reported using standardised dashboards to relevant stakeholders, including government organisation and customers.

The UAE is first in the region to develop an integrated greenhouse gas emissions and air quality monitoring, reporting and verification system. The National MRV Transparency System supports the National Climate Action plan, meets international reporting obligations, tracks progress, and delivers on the of the National Air Quality Agenda 2031.

Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium added, “Our GHG MRV solution will help EGA to meet evolving regulatory requirements while maintaining transparency and auditability of our emissions data throughout the value chain of our production processes. This tool is an important step in achieving our bold aspiration of embedding sustainability in everything we do and reaching Net Zero greenhouse gas emissions by 2050.”

The Ministry of Climate Change & Environment has mandated that companies report greenhouse gas emissions data to track our nation’s fulfilment of its commitment to reach net zero by 2050. EGA has publicly committed to reaching net zero greenhouse gas emissions by 2050, in line with the UAE Net Zero by 2050 strategic initiative, the statement concluded.

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The Emirates Nuclear Energy Corporation (ENEC) announced a historic milestone for the United Arab Emirates (UAE) with the fourth unit of the Barakah Nuclear Energy Plant entering commercial operations, marking its full delivery.

The milestone aligns with ENEC’s promise to bring clean, abundant electricity to the UAE. The plant has been delivered in accordance with the UAE’s 2008 policy commitments for nuclear energy development, meeting the highest standards of safety, security and transparency, said a statement from ENEC.

The Barakah Plant is now generating 40TWh of electricity per year, nearly equivalent to the annual electricity consumption of New Zealand, and provides up to 25% of the UAE’s electricity. This clean and carbon-free energy is enough to power 16m EVs annually. The 22.4m tons of annual carbon emissions prevented by the Barakah Plant are equivalent to removing 4.6m cars from the roads each year and contribute to achieving 24% of the nation’s 2030 decarbonisation commitments (Nationally Determined Contributions, known as NDCs).

“In 2008, the UAE’s visionary leadership took a data-led, long-term approach by issuing a comprehensive policy for the development of civil nuclear energy in the UAE to transform the nation’s energy supply. As Unit 4 of Barakah enters commercial operations, that vision has been realized, with one in every four electrons on the UAE grid coming from Barakah, providing up to 25% of the UAE’s electricity needs, and positioning the nation as a leader in civil nuclear development globally. This source of clean electricity will act as a magnet, attracting additional investment in the UAE by sustainably minded, but energy intensive industries from around the globe,” said H.E. Khaldoon Khalifa Al Mubarak, Chairman, Board of Directors, ENEC.

H.E. Mohamed Al Hammadi, Managing Director and Chief Executive Officer of ENEC added, “We are enormously proud of this monumental achievement for UAE, and are grateful for the continuous support of the UAE leadership, as we usher in a new era of clean energy for the country. Today, the UAE has added more clean electricity per capita in the past five years than any other nation, with 75% of this coming from Barakah. This clearly demonstrates that integrating nuclear energy into the UAE power’s mix and alongside growing renewable energy sources was the right decision, boosting energy security and establishing the UAE as a regional leader in this growing sector.”

“Barakah is making a positive impact on the lives of every person in the UAE through the clean electricity we generate around the clock. The Barakah nuclear energy plant offers a new model for the world and demonstrates that nuclear energy is bankable and can be delivered efficiently, with our units coming online within eight years from first concrete pour to fuel load and achieving a 40% improvement in schedule from start of operational readiness to commercial operations for Unit 4 compared to Unit 1,” added Hammadi.

Nasser Al Nasseri, Chief Executive Officer of Barakah One Company, ENEC’s joint venture subsidiary which oversees the financial and commercial interests of the Barakah Plant said, “Today, the Barakah Plant is generating a quarter of the UAE’s electricity needs in a reliable and efficient manner, providing a stable pipeline of power for the next 60 years. The certainty of power output and the inherent low volatility of pricing afforded by the Barakah plant offers a strong foundation upon which to build and grow, both for the UAE power sector and for consumers, highlighting one of the key benefits of modern nuclear energy plants. Combined with one of the highest energy returns on investment rates of any energy form, Barakah will be delivering returns for the nation for generations to come.”

The commercial operations of four units of the Barakah Plant come amid the growing global recognition of the pivotal role of nuclear energy in decarbonizing the energy systems and achieving Net Zero. The International Energy Agency (IEA) predicts that global electricity demand is expected to rise at a faster rate over the next three years, growing by an average of 3.4% annually through 2026.

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QUBE Development has begun sales for its MIDORA Residences project which is situated in Jumeirah Village Circle. This new development is said to emphasise QUBE’s commitment providing units with green spaces and convenient amenities to cater to modern life. MIDORA Residences was designed by Japanese architectural firm Nikken Sekkei and features 492 units including apartments and duplexes.

MIDORA Residences embodies a green urban oasis, surrounded on three sides by parks, and connectivity to landmarks, including airports and key highways. The area is also a market within the Dubai Southeast submarket, emerging as the number one choice for families and investors alike.

Project Director of MIDORA Residences, Alisa Novokhatko, commented, “A strong response from local and international investors reaffirms Dubai’s demand for thoughtfully designed, green living spaces. Interest in MIDORA Residences highlights the long-term investment potential of JVC.  This project is designed to cater to the needs of residents, with integrated cutting-edge features and meticulously planned amenities to ensure that MIDORA Residences stands out as the future of urban living.”

MIDORA Residences will feature a dedicated children’s developmental area, along with indoor and outdoor playgrounds, providing a safe space for children to learn and play. Residents can benefit from a range of wellness facilities, including one of the largest swimming pools in JVC, a professionally equipped gym, and yoga rooms, the developer said in its statement.

The project also features premium office spaces and facilities, the latter of which will provide each resident with services needed to unwind and enhance quality of living. A personalised 24-hour concierge service is a key part of the development, and the project also has green walkways and private BBQ areas. Units are said to be fully equipped with kitchen appliances and a smart home system that simplifies daily routines.

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