China State Construction Engineering Corp has signed an agreement with Abu Dhabi's Aabar Investments to develop property projects in Abu Dhabi for a total investment of $2 billion, the Chinese company announced today.
Industrial and Commercial Bank of China is to provide Aabar with the funding, while China State Construction is be the contractor for the projects, China State Construction said in a statement to the Shanghai stock exchange, as reported by Reuters.
Arabtec's board announced in a statement to the Dubai Financial Market that it had appointed Khadem Al Qubaisi as its chairman. Mr Al Qubaisi is also the chairman of Aabar.
Aabar recently increased its stake in the Dubai builder Arabtec. It has built up a 10.45 per cent stake in Arabtec through purchases by two of its units. Aabar Petroleum Investments Company has taken its stake in Arabtec to 5.32 per cent, and Aabar Real Estate owns 5.13 per cent of the country's biggest builder by market value.
rbundhun@thenational.ae
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EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
Dr Afridi's warning signs of digital addiction
Spending an excessive amount of time on the phone.
Neglecting personal, social, or academic responsibilities.
Losing interest in other activities or hobbies that were once enjoyed.
Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.
Experiencing sleep disturbances or changes in sleep patterns.
What are the guidelines?
Under 18 months: Avoid screen time altogether, except for video chatting with family.
Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.
Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.
Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.
Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.
Source: American Paediatric Association
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