Abu Dhabi approves Dh241m in public works projects



ABU DHABI // Public works projects worth Dh241 million have been approved in Abu Dhabi emirate, including upgrades to electricity networks, roads and bridges.

The projects approved by Abu Dhabi Executive Committee include a Dh56m expansion of an electricity network in Al Ain and its suburbs, to improve efficiency, stability and security of supply.

The committee adopted the projects at a meeting yesterday headed by Saeed Eid Al Ghafli, its chairman. Other projects include a Dh76m restoration of roads in Abu Dhabi’s southern mainland area, and roadworks in the western sector for Dh21m.

A Dh46 million power plant in Zakher, and the construction of internal roads and infrastructure in Al Falah area, for Dh42m, were also approved.

The project for Al Falah involves expanding the two-lane road to three lanes in both directions, and convert U-turns into intersections with traffic lights.

A new inlet and outlet will also be created for the area to accommodate increasing traffic.

The committee also agreed to plans for testing soil in parts of the emirate and requiring real estate developers to conduct engineering studies as part of planning practice. “Such studies include geophysical, geotechnical and topographic studies,” the committee said.

The design and construction of a building for training families at the headquarters of the General Women’s Union was also approved. Emirati families can receive training in crafts and heritage at the centre to help them improve their financial situations and living conditions through self-employment.

newsdesk@thenational.ae

COMPANY PROFILE

Name: Kinetic 7
Started: 2018
Founder: Rick Parish
Based: Abu Dhabi, UAE
Industry: Clean cooking
Funding: $10 million
Investors: Self-funded

Other ways to buy used products in the UAE

UAE insurance firm Al Wathba National Insurance Company (AWNIC) last year launched an e-commerce website with a facility enabling users to buy car wrecks.

Bidders and potential buyers register on the online salvage car auction portal to view vehicles, review condition reports, or arrange physical surveys, and then start bidding for motors they plan to restore or harvest for parts.

Physical salvage car auctions are a common method for insurers around the world to move on heavily damaged vehicles, but AWNIC is one of the few UAE insurers to offer such services online.

For cars and less sizeable items such as bicycles and furniture, Dubizzle is arguably the best-known marketplace for pre-loved.

Founded in 2005, in recent years it has been joined by a plethora of Facebook community pages for shifting used goods, including Abu Dhabi Marketplace, Flea Market UAE and Arabian Ranches Souq Market while sites such as The Luxury Closet and Riot deal largely in second-hand fashion.

At the high-end of the pre-used spectrum, resellers such as Timepiece360.ae, WatchBox Middle East and Watches Market Dubai deal in authenticated second-hand luxury timepieces from brands such as Rolex, Hublot and Tag Heuer, with a warranty.

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Company Profile

Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000

Stats at a glance:

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Number in service: 6

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Length 152.4 m

Displacement: 8,700 tonnes

Beam:   21.2 m

Draught: 7.4 m


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