Dubai announces its 'D33' economic agenda for the next ten years.

The Dubai Economic Agenda, or "D33," was introduced by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai. Its ambitious objectives include tripling Dubai's economy over the next ten years and solidifying its position as one of the top three global cities..... Read more »

Posted on : 1/9/2023

Saudi Arabia's Investments in Egypt Amount To $6.12bn: Egyptian Trade Minister

Saudi Arabia is the 2nd largest investor in Egypt, with $6.1 billion poured into 6,017 projects, according to the North African country’s Minister of Trade and Industry Ahmed Samir..... Read more »

Posted on : 1/5/2023

Saudi Arabia Invests $2.4 Billion in Key Dubai Port Developments

Saudi Arabia is buying stakes in 3 flagship DP World developments in the United Arab Emirates for $2.4 billion, in the latest sign that increasing competition between the 2 largest Gulf economies isn’t impacting deal flow..... Read more »

Posted on : 1/5/2023

UAE Brings Forward Oil Production Capacity Expansion To 2027

The board of Abu Dhabi’s ADNOC endorsed plans in November to bring forward the company’s 5 million barrel per day oil production capacity expansion to 2027 from a previous target of 2030, to meet rising global energy demand, according to Reuters..... Read more »

Posted on : 1/3/2023

UAE, Malaysia Sign Historic Oil Deal

Deal marks first time that a Malaysian company will invest in and explore for hydrocarbons in Abu Dhabi Hamdi Yildiz.... Read more »

Posted on : 1/3/2023

Agreements have been reached to expand business and investment between the UAE and Africa

African Trade Insurance Agency (ATI) and Etihad Credit Insurance (ECI), the UAE Federal Export Credit Company, struck a reciprocal reinsurance agreement to expand trade relations and exports between the two markets. By offering businesses trade credit insurance and trade finance options, this is accomplished..... Read more »

Posted on : 12/30/2022

UAE and Kyrgyzstan agree to increase their mutual investments and increase their bilateral commerce.

To speed up the sustainable economic growth of both countries, the UAE and Kyrgyzstan have decided to strengthen their commercial relations and promote business and investment alliances..... Read more »

Posted on : 12/30/2022

MoHAP hosts the first health and medical research conference.

The 1st Scientific Conference on Health and Medical Research was organised by the Ministry of Health and Prevention (MoHAP), one of the ministry's most recent attempts to create a vibrant scientific research system and enhance the knowledge and abilities of national cadres..... Read more »

Posted on : 12/30/2022

G42 of Abu Dhabi and AstraZeneca collaborate to produce pharmaceuticals in the United Arab Emirates.

G42 Healthcare, a division of Abu Dhabi technology firm Group 42, and the UK's AstraZeneca have agreed to produce pharmaceutical goods in the emirate, establishing the capital of the United Arab Emirates as a "powerhouse" in global medical research. .... Read more »

Posted on : 12/30/2022

Hydroelectric Power Plant in Hatta Is 58% Complete: DEWA

The power plant will have a production capacity of 250 MW, a storage capacity of 1,500 Mwh, and a life span of up to 80 years once completed..... Read more »

Posted on : 12/30/2022