The 6.9km stretch that normally takes 4 minutes to cross, is now taking motorists on the route up to 35 minutes
uae2 hours ago
Under the agreement, DIB will cover the financing requirements for Kharafi National’s sub-contract with a JGC–Tecnimont joint venture to construct the Habshan 5 Process Plant for Gasco in Abu Dhabi, the banks said in a statement.
The project, with a value of $728m, aims to increase Abu Dhabi’s offshore gas production capacity by 1 billion cubic feet per day, the company said in a release.
“We are pleased to announce our deal with Kharafi National,” said Ayman Adel Kamal, Chief of Real Estate and Contracting Finance at DIB.
The 6.9km stretch that normally takes 4 minutes to cross, is now taking motorists on the route up to 35 minutes
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