Latest news with #AbuDhabiInfrastructureSummit
Mid East Info
24-06-2025
- Business
- Mid East Info
ADPIC and arbitrateAD to Advance Dispute Resolution Practices in Abu Dhabi - Middle East Business News and Information
The agreement enhances dispute resolution frameworks across Abu Dhabi's capital projects Implementation of Dispute Avoidance and Adjudication Boards (DAABs) across standard contracts aligns with global best practice Reinforces Abu Dhabi's commitment to an investor-friendly, transparent infrastructure ecosystem ADPIC currently oversees a project portfolio exceeding AED 200 billion Abu Dhabi, UAE – June, 2025 – The Abu Dhabi Projects and Infrastructure Centre ADPIC and the Abu Dhabi International Arbitration Centre (arbitrateAD) have signed a Memorandum of Understanding (MoU) to embed world-class dispute avoidance and resolution mechanisms across Abu Dhabi's infrastructure ecosystem. Signed during the inaugural Abu Dhabi Infrastructure Summit, the MoU reflects both organisations' commitment to advancing dispute management. It further reinforces Abu Dhabi's position as a trusted international hub for investment, public-private partnerships, long-term project delivery, and strategic public-private collaboration. Under the agreement, arbitrateAD will serve as the official appointing authority for adjudicators and the Dispute Avoidance and Adjudication Boards (DAABs) across ADPIC's Capital Projects Standard Contracts — ensuring consistency in the deployment of dispute resolution practices and enhancing delivery certainty in major infrastructure developments. DAABs are independent expert panels appointed at the outset of infrastructure projects. Their role is to resolve disputes before they escalate and maintain alignment across complex delivery timelines. As a globally recognised best practice, DAABs contribute to stronger governance, reduced delays, and improved risk-sharing across stakeholders. With oversight of a capital portfolio exceeding AED 200 billion, ADPIC plays a critical role in enabling infrastructure delivery that is timely, sustainable, and globally competitive. The integration of DAABs reflects ADPIC's commitment to building resilient project ecosystems underpinned by accountability, collaboration, and proactive dispute prevention. The MoU also outlines joint efforts to raise awareness around dispute avoidance and support industry-wide training to promote best practice standards. These efforts are particularly relevant to investors and ESG-focused developers seeking transparent, rules-based markets that minimise delivery risk and promote long-term value. His Excellency Dr. Ali Saeed bin Harmal Al Dhaheri, Chairman of arbitrateAD, said: 'We are proud to collaborate with ADPIC, as we reinforce our commitment to dispute avoidance mechanisms that meet international standards. DAABs are an incredibly smart approach to resolving challenges before they escalate, and this MOU is in line with our shared vision of both improving how projects are managed and strengthening investor confidence across the region. This partnership supports the emirate's broader drive to deliver world-class infrastructure projects through transparency, efficiency, and rule of law — positioning Abu Dhabi as a leading model for effective public-private collaboration.' His Excellency Maysarah Eid, Director General of ADPIC, said: 'This MoU marks a significant step in our efforts to integrate global best practices into the way Abu Dhabi delivers its infrastructure ambitions. By appointing arbitrateAD as the official authority for dispute adjudication, we are strengthening our approach to proactive risk mitigation and effective dispute resolution while ensuring delivery excellence. More importantly, we are sending a clear signal to our partners, local and international, that Abu Dhabi is committed to creating a project environment defined by stability, transparency, and long-term strategic value.' The signing of this MoU also sets the stage for future collaboration as Abu Dhabi continues to scale its infrastructure ambitions in alignment with Abu Dhabi's economic vision and evolving global ESG expectations. About arbitrateAD: arbitrateAD is Abu Dhabi's flagship arbitration centre, offering a modern, efficient, and world-class framework for the resolution of commercial disputes for both commercial and governmental entities. arbitrateAD plays a vital role in advancing the emirate's vision to become a leading global legal and financial hub. The establishment of the Abu Dhabi International Arbitration Centre is a testament to the emirate's dedication to excellence in providing a world-class neutral and impartial forum for dispute resolution. The Centre has been awarded the GAR Guide to Regional Arbitration award for 'Arbitral Institution That Impressed' at the 2025 Global Arbitration Review (GAR) Awards. About ADCCI: The Abu Dhabi Chamber of Commerce & Industry (ADCCI) is the leading business support organisation in Abu Dhabi. With a focus on enhancing trade and investment, ADCCI plays a key role in supporting the growth of Abu Dhabi's economy, particularly for SMEs and the private sector. Through various initiatives and partnerships, ADCCI aims to promote a business-friendly environment that facilitates investment and economic development in the emirate. About Abu Dhabi Projects and Infrastructure Centre ADPIC: Established in 2023, ADPIC's vision is to oversee and manage capital projects that enhance the quality of life for every resident in the Emirate of Abu Dhabi. This involves diverse projects including housing, infrastructure, tourism, community facilities, and education. ADPIC's mandate includes managing contracts, reviewing, approving, planning, and designing capital projects. These are overseen by the Centre in close collaboration with relevant entities and stakeholders to ensure quality is maintained while also facilitating efficient project execution in alignment with Abu Dhabi's strategic goals. Throughout its operations, the Centre is committed to strengthening public-private partnerships and adopting best practices in sustainability globally.
Al Etihad
23-06-2025
- Business
- Al Etihad
ADIO, ADPIC strategic partnership to advance PPP delivery in Abu Dhabi
23 June 2025 17:37 ABU DHABI (WAM) The Abu Dhabi Investment Office (ADIO) and the Abu Dhabi Projects and Infrastructure Centre (ADPIC) have signed a strategic partnership agreement to establish a collaborative operating model that supports the planning, structuring, and procurement of public-private partnerships (PPPs) for infrastructure projects across the by the Chairman of the Abu Dhabi Department of Economic Development (ADDED) and ADIO, Ahmed Jasim Al Zaabi, and the Chairman of the Department of Municipalities and Transport, the agreement was signed by Badr Al-Olama, Director-General of ADIO, Mohamed Ali Al Shorafa, and the Director-General of ADPIC, Eng. Maysarah Mahmoud Eid, during the Abu Dhabi Infrastructure Summit (ADIS) partnership introduces a unified operating model that connects the pipeline of infrastructure projects with seamless transaction execution. This integrated approach is designed to improve coordination, enable the early identification of PPP opportunities, streamline approval processes, and embed stronger accountability and governance throughout the project aligning ADPIC's mandate as the coordinating body for Abu Dhabi's infrastructure pipeline with ADIO's expertise in investor attraction, deal structuring, and infrastructure finance, the partnership creates an effective, faster, and more efficient framework for the delivery of capital said, 'This strategic partnership between ADIO and the Abu Dhabi Projects and Infrastructure Centre will contribute to attracting private capital to actively participate in the implementation of high-quality strategic infrastructure projects in the Emirate of Abu Dhabi. It also supports efforts aimed at providing an attractive and reliable investment environment for investors and empowers government entities to efficiently execute their projects and achieve their objectives.'Eid said, "This collaboration reflects our commitment to reimagining how infrastructure is delivered across Abu Dhabi. Public-private partnerships have the potential to unlock greater impact when guided by a clear, coordinated, and future-focused framework. Together with ADIO, we are enabling a more responsive model that connects ambition with delivery, supporting government entities, attracting trusted partners, and ultimately creating lasting value for our communities."Effective immediately, the agreement will be governed by a unified framework of joint performance indicators and scheduled inter-agency builds on Abu Dhabi's expanding track record of infrastructure partnerships, including a collaboration with the Abu Dhabi Department of Education and Knowledge to deliver three modern schools in Zayed example includes a project to install energy-efficient LED lighting across Abu Dhabi roads, implemented in partnership with the Department of Municipalities and Transport. This project will be the first initiative of its kind to be delivered through a public-private partnership model for road lighting in the GCC. As the central authority for enabling investment and delivering infrastructure partnerships, ADIO continues to lead the development of scalable, high-impact projects that reinforce Abu Dhabi's position as a globally competitive, investor-friendly economy.
Gulf Today
21-06-2025
- Business
- Gulf Today
Mubadala and ADPIC partner to explore strategic collaborations
Mubadala Investment Company (Mubadala), an Abu Dhabi sovereign investor, and the Abu Dhabi Projects and Infrastructure Centre (ADPIC) have signed a partnership agreement to foster collaborations in various areas which features a comprehensive framework for cooperation between the two organisations, aimed at advancing infrastructure initiatives crucial to Abu Dhabi's development as a leading destination of choice. These include comprehensive feasibility studies, knowledge sharing, and assessments to evaluate the viability for proposed projects, as well as sharing insights to develop sustainable financing models. The agreement was signed on the first day of Abu Dhabi Infrastructure Summit (ADIS) 2025, in the presence of Maysarah Mahmoud Eid, Director-General, ADPIC and Khalifa Al Romaithi, Executive Director of UAE Real Estate at Mubadala's UAE Investments Platform. Commenting on the collaboration, Maysarah Mahmoud Eid said, 'Through our collaboration with Mubadala, we are dedicated to pioneering sustainable, high-quality projects that will promote economic growth and create lasting infrastructure developments that meet the Emirate's needs while contributing to its prosperity.' Khalifa Al Romaithi said, 'Our partnership with ADPIC is centred around spearheading future focused state-of-the-art infrastructure projects in Abu Dhabi. This collaboration is a testament to Mubadala and ADPIC's commitment to support Abu Dhabi Government ambitions in making the emirate one of the world's most liveable and economically resilient cities.' The partnership between Mubadala and ADPIC is set to drive forward-thinking solutions and comprehensive project planning across Abu Dhabi's infrastructure landscape, reflecting a robust commitment to future-proofing the Emirate's growth and solidifying its position as a dynamic hub for investment and development. The Abu Dhabi Infrastructure Summit, hosted by ADPIC, is a strategic platform that convenes global leaders, investors, and industry experts to explore innovation, investment, and sustainability in infrastructure. The summit supports Abu Dhabi's long-term vision by fostering collaboration and showcasing opportunities that will shape the Emirate's future-ready, resilient built environment. Meanwhile Mubadala, the Abu Dhabi sovereign investor, and Abu Dhabi National Energy Company (Taqa), one of the largest listed integrated utilities in Europe, the Middle East and Africa have completed the acquisition of a gas-fired power generation plant at the Talimarjan Power Complex in Uzbekistan. Mubadala and Taqa each hold a 40 per cent stake in the 875 MW TPP1 combined-cycle gas-fired plant through a newly established project company, Talimarjan Power Plant 1 LLC. Both Taqa and Mubadala also hold a 40 per cent stake in the Talimarjan Operations & Maintenance LLC (O&M), which was established to operate the plant. Uzbekistan's JSC 'Talimarjan Issiqlik Elektr Stansiyasi' (TIES) holds the remaining 20 per cent stakes in both the project company and the O&M entity. This transaction supports investments into the privatisation of Uzbekistan's power sector. It follows a strategic partnership between the Governments of Uzbekistan and the United Arab Emirates whereby Mubadala and Taqa will bring their global power sector expertise to the local power market in Uzbekistan. The 875 MW TPP1 plant has a Power Purchase Agreement (PPA) with JSC 'Uzenergosotish' (UES) (successor power purchaser to JSC 'National Electric Grid of Uzbekistan') for 25 years and plays a critical part in meeting demand for electricity in Uzbekistan as the country continues to experience rapid population and economic growth. Hammad Rahman, Head of Asia Pacific Infrastructure at Mubadala, said: 'Mubadala is committed to supporting countries across the world to meet their energy needs while reducing carbon emissions. Efficient natural gas-fired powered plants such as TPP1 will play an important part in enabling the transition to cleaner sources of energy.' 'Uzbekistan is recording a significant growth in demand for power, and Mubadala looks forward to working with Taqa and our local partner TIES to ensure communities and businesses across the country have access to reliable, affordable and secure power supply that supports progress and socioeconomic development.' Frank Possmeier, Chief Investment Officer, Generation at Taqa, said: 'Taqa is pleased to collaborate with Mubadala and TIES in acquiring this vital asset that plays a crucial role in Uzbekistan's journey towards a privatised energy sector. As a low carbon power and water champion, Taqa will leverage its extensive experience and expertise to help Uzbekistan meet its growing energy needs while continuing to invest in this critical sector. Our stake in TPP1 demonstrates progress in delivering on our 2030 targets which aim to grow our power generation capacity to 150 GW and strengthens our operation and maintenance capabilities which is also a pivotal element of our strategy. Agencies
Mid East Info
21-06-2025
- Business
- Mid East Info
National Bank of Fujairah sponsors Abu Dhabi Infrastructure Summit 2025, championing innovation in lifestyle infrastructure
NBF spotlighted role of sustainable finance and SME empowerment in building people-first, innovation-led cities Dubai – June 2025 — The National Bank of Fujairah (NBF) is proud to announce its participation as a sponsor of the inaugural Abu Dhabi Infrastructure Summit (ADIS) 2025, which was held under the theme 'Designing Tomorrow's Way of Life' on 17–18 June at the Abu Dhabi Energy Centre. As a leading financial institution with deep roots in infrastructure financing and business enablement, NBF's support for ADIS underscored its commitment to advancing the UAE's visionary economic development agenda. The summit brought together more than 600 projects valued at over USD 54 billion, spotlighting Abu Dhabi's transformation into a global model for sustainable, smart, and community-centric infrastructure. Commenting on the bank's participation, Adnan Anwar, CEO at NBF, said:'ADIS 2025 represented a unique platform for future-defining dialogue on how cities, businesses, and communities can thrive in a rapidly evolving landscape. NBF was honoured to support this transformative initiative and to contribute to shaping a future where innovation, and inclusion define how we live, build, and grow.' As a sponsor, NBF engaged with decision-makers, developers, and investors across conference panels and high-level networking sessions, bringing to the table its unique insights into structured finance, SME empowerment, and sustainable development financing. Participation reaffirmed NBF's role in enabling next-generation infrastructure that supports economic diversification and an improved quality of life in the UAE and beyond.
Mid East Info
21-06-2025
- Business
- Mid East Info
KFED and ADPIC sign strategic agreement to collaborate on infrastructure development in Abu Dhabi - Middle East Business News and Information
The Khalifa Fund for Enterprise Development KFED and the Abu Dhabi Projects and Infrastructure Centre ADPIC signed a strategic agreement to advance bilateral cooperation and support the procurement activities of entrepreneurs and small and medium-sized enterprises (SMEs) through the Abu Dhabi SME Champions Programme. The agreement was signed by Mouza Al Nasri, CEO of Khalifa Fund for Enterprise Development and H.E. Maysarah Mahmoud Eid, Director General of ADPIC, during the Abu Dhabi Infrastructure Summit, held recently at the Abu Dhabi Energy Centre. The strategic decision reaffirms both entities' commitment to accelerating industrial development and offering innovative solutions to entrepreneurs operating in the infrastructure sector. Most notably, the agreement seeks to accomplish key objectives –providing targeted procurement support programs for SMEs, connecting these enterprises with government and private sector entities across Abu Dhabi to capitalise on available procurement opportunities, and facilitating cooperation and participation in SME-focused programs and activities in the emirate to promote the sustainable development of the sector. Commenting on the agreement, Mouza Al Nasri, CEO of Khalifa Fund for Enterprise Development, said: 'We are pleased to further strengthen our partnership with ADPIC through this strategic agreement, enabling us to empower entrepreneurs and enhance their role in Abu Dhabi's vital infrastructure sector. The collaboration fuels our shared commitment to supporting SMEs and fostering an environment that promotes innovation and growth, which aligns with the forward-thinking vision of our wise leadership and Abu Dhabi's goals of building a more sustainable and advanced future.' H.E. Maysarah Mahmoud Eid, Director General of ADPIC, added,'This strategic partnership with the Khalifa Fund is a pivotal step in strengthening Abu Dhabi's economic ecosystem. Our collaboration underscores ADPIC's commitment to a holistic approach to infrastructure development. By actively supporting our SMEs and integrating them into critical infrastructure projects, we are fostering innovation and local content while also diversifying our supply chain, driving sustainable growth, and building a more resilient and inclusive economy for the future of our Emirate.' The Abu Dhabi Infrastructure Summit serves as a comprehensive platform for policymakers, investors, developers, contractors, and industry experts from around the world to address emerging trends, showcase innovative solutions, and expand strategic partnerships that drive the development of resilient, integrated cities. By gathering industry leaders and innovators under one roof, the event seeks to promote excellence in the construction and urban planning sectors, ultimately raising living standards in accordance with Abu Dhabi's ambitious vision for sustainable development and economic prosperity.
