New projects worth AED 10 billion underway along UAE’s East Coast

WAM

Infrastructure projects valued at AED 10 billion are currently underway along the East Coast of the UAE.

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure said that the projects are a part of the 2018-2023 five-year plan.

The projects also include upgrading of the existing Sheikh Hamad bin Abdullah Road at a total cost of AED 250 million. This is in addition to AED 96.7 million new headquarters of the Fujairah Police.

During his tour of the projects, Al Mazrouei said that the ministry is overseeing 104 dams and levees. He added that over 40 million cubic metres of rainwater was stored at the ministry's dams last year.

More from Business

  • Ethiopia to open stock exchange in drive for investors

    Ethiopia was set to launch a stock exchange on Friday, the latest step in Prime Minister Abiy Ahmed's attempts to liberalise the struggling economy.

  • Supreme Court to hear fight over looming US ban on TikTok

    Facing a looming ban in the United States, TikTok's fate will be in the hands of the Supreme Court in a case being argued on Friday that pits free speech rights against national security concerns over the widely used short-video app owned by Chinese company ByteDance.

  • Nvidia criticizes reported Biden plan for AI chip export curbs

    Nvidia criticized a reported plan by the Joe Biden administration to impose new restrictions on AI chip exports, saying that the outgoing US leader should not "preempt incoming President Trump" by enacting a last-minute policy.

  • UAE advances tech cooperation with US partners at CES 2025

    During his participation at CES 2025 in Las Vegas, a premier global technology event held in Las Vegas, Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has met with senior US officials and business leaders, as the UAE and the US continue to explore ways to strengthen their strategic cooperation in advanced technology and innovation.

Coming Up