Gulf Countries are starting to take an active role in Africa

Manara Minerals, a state-backed Saudi Arabian fund, has up to $15 billion to spend on overseas mines. Also looking is the International Holding Company, an Emirati conglomerate with a market capitalization of $240 billion, about equal to Blackrock and BP combined; in November, its mining arm purchased a 51% share in a Zambian copper mine..... Read more »

Posted on : 3/25/2024

UAE showroom for EXEED by Al Ghurair is opened

The upscale car brand EXEED by Al Ghurair, which AG Auto is the only authorized dealer for in the United Arab Emirates, recently opened its newest showroom in Abu Dhabi..... Read more »

Posted on : 3/21/2024

"In Focus" Initiative by Dubai Chamber Catalyzes Business Expansion into Morocco and Senegal

"In Focus" stands as a cornerstone for Dubai businesses to interact with both public and private sector leaders from designated markets, fostering cross-border partnerships and catalyzing mutual business growth. Participants gain access to firsthand insights into targeted countries and regions, along with expert guidance on international expansion strategies, encompassing market intelligence, business networking, and establishment procedures..... Read more »

Posted on : 3/20/2024

Dubai's Clean Energy Goal 92.5 Million Tons of Carbon Emissions Are Reduced By DEWA

Under the direction of HE Saeed Mohammed Al Tayer, the Dubai Electricity and Water Authority (DEWA) accomplished a noteworthy milestone in increasing the efficiency of water and power production. DEWA's efficiency increased by 41.73% in 2023 over 2006, which led to significant drops in carbon dioxide emissions..... Read more »

Posted on : 3/19/2024

Al Jalila Foundation and Positive Zero Work Together On a Solar Power Project to Encourage Sustainability in Dubai

Al Jalila Foundation, the vanguard of Dubai Health's charitable activities, and Positive Zero, a top decentralized decarbonization infrastructure company with its headquarters in the United Arab Emirates, have partnered to open a game-changing solar power project on the foundation's property..... Read more »

Posted on : 3/18/2024

DP World and Masdar Explore the Opportunities of Renewable Energy for Port Operations

Sultan Ahmed bin Sulayem, chairman and CEO of DP World, stated, "Our partnership with Masdar represents a significant step forward in our commitment to sustainable operations at our ports and terminals." "We want to lessen our carbon footprint and promote positive change in the supply chain industry by investigating renewable energy solutions.".... Read more »

Posted on : 3/18/2024

GCC is Dubai companies' primary export market; value exceeds $43 billion.

For businesses that are members of the Dubai Chamber of Commerce, one of the three chambers that operate under the Dubai Chambers umbrella, the Gulf Cooperation Council (GCC) continues to be the most popular destination for exports and reexports worldwide. This represents 55.6% of all exports and reexports, which are estimated to be worth AED158.1 billion ($43.05 billion)..... Read more »

Posted on : 3/14/2024

The Public Investment Fund Of Saudi Arabia Has Made An Investment In Middle East Paper Company (MEPCO)

he Middle East Paper Company (MEPCO), a producer that specializes in the creation and recycling of paper-based products in the Middle East and North Africa and Saudi Arabia's Public Investment Fund (PIF) have signed an investment agreement. By way of a capital increase and subscription for additional shares, the PIF has gained a 23.08 percent ownership in MEPCO..... Read more »

Posted on : 3/12/2024

Signify Accelerates The Switch To Energy-Efficient Lighting By Expanding The Green Switch Programme To The Middle East.

Leading global lighting company Signify is pushing the adoption of connected LED lighting faster by bringing its Green Switch energy efficiency programme to the Middle East. Customers in the Kingdom of Saudi Arabia and the United Arab Emirates will be able to access the programme..... Read more »

Posted on : 3/11/2024

In the wake of $11.9 billion invested in green initiatives, ENGIE is looking to expand further in the UAE.

With $11.9 billion already spent in various projects in the Gulf nation, French utility company ENGIE is seeking to further establish itself in the market, a senior company official said..... Read more »

Posted on : 3/11/2024