Seventy-two per cent of work has been completed on a major water reservoir taking shape in Dubai’s Lusaily area.
The project worth AED 175.4 million has a storage capacity of 60 million imperial gallons (MIG).
It is expected to be completed by the end of the first half of 2021.
The initiative is part of DEWA’s efforts to boost Dubai’s water storage capacity to 1,002 million gallons by 2021 compared to the current capacity of 815 MIG.
It will also help increase the efficiency and reliability of the emirate’s water networks.
"We are currently building a reinforced concrete 60-million-gallon reservoir in Lusaily alongside the existing one, which stores 120 million gallons of desalinated water,” said Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA).
"This meets the growing demand, supports the sustainable development of Dubai, and increases the efficiency and reliability of water networks," he added.
Cultural and creative industries should be treated as a core pillar of national economic strategy, according to a new report launched by FTI Consulting in partnership with the World Governments Summit.
Dubai-based TECOM Group has reported a strong financial performance for 2025, driven by rising demand across its commercial, industrial and land portfolios.
Family-owned businesses are being encouraged to take a more active role in shaping sustainable investment and social impact, as leaders met in Dubai to discuss how family wealth can be positioned for the future.
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Vietnam has officially come into force, with an aim to "unlock investment opportunities in vital sectors such as renewable energy, technology and agriculture".
India's financial markets rallied sharply on Tuesday after a trade deal that slashed US tariffs on Indian goods to 18 per cent from 50 per cent, a development that investors said lifts a key overhang over the country's stocks, bonds and currency.
The UAE has pledged $500 million in humanitarian assistance for Sudan, as international efforts continue to address the worsening crisis caused by the country’s ongoing civil war.
The UAE President has renewed calls for stronger collective action to protect the environment and preserve natural resources for future generations, in a social media post marking National Environment Day on Wednesday.
Dubai’s Roads and Transport Authority (RTA) has unveiled an autonomous electric transit system that officials say could transform urban travel and help ease congestion across the emirate.