UAE, Egypt, Bahrain & Jordan discuss manufacturing the first joint Arab electric vehicle

In a statement, Egypt's Arab Organization for Industrialisation (AOI) urged for the completion of preparatory processes as soon as possible so that the vehicle may be shown at the 28th UN Climate Change Conference (COP28) later this year in the UAE..... Read more »

Posted on : 4/7/2023

UAE's Al Ghurair Investment collaborates with Chinese automaker EXEED

Al Ghurair Investment, one of the UAE's most diversified family business families, announced today a strategic agreement with Chinese automotive manufacturer Exceed Automobile Corporation (EXEED) to launch their premium line of sports utility vehicles (SUVs) across the UAE. The collaboration intends to accelerate Al Ghurair Investment's quest of long-term excellence via innovation and technology..... Read more »

Posted on : 4/7/2023

Dewa, A Major Utility Company in Dubai, Will Invest $10 Billion in Water and Power Projects Over the Next Five Years.

According to Dubai Electricity and Water Authority (DEWA) CEO and Managing Director Saeed Mohammed Al Tayer, the utility giant will invest AED40 billion ($10.8 billion) in electricity and water projects during the following five years to meet continued growth..... Read more »

Posted on : 4/6/2023

UAE's ADNOC Gas to Start Trading In $2.5bn IPO

ADNOC Gas is the biggest flotation yet on the Abu Dhabi stock exchange, which opens at 9:30 am (0530 GMT)..... Read more »

Posted on : 4/6/2023

L&T Secures Major Oil and Gas Contracts In Saudi Arabia

The hydrocarbon unit of Indian EPC contractor Larsen & Toubro (L&T) has recently secured multiple offshore packages from Saudi Aramco..... Read more »

Posted on : 4/6/2023

India-UAE trade agreement will increase pharmaceutical exports

Thanks to the new trade agreement India and the United Arab Emirates signed, Indian pharmaceutical companies can expect significant increases in pharma exports to the latter country. One of the goods that has been incorporated into the Comprehensive Economic Partnership Agreement's vortex is pharmaceuticals..... Read more »

Posted on : 4/5/2023

Oman Inks Deals for USD 20bn of Green Hydrogen Projects

Oman has signed binding commercial term sheets for 6 green hydrogen projects worth about USD 20 billion in investments as the sultanate seeks to become a leading green hydrogen hub..... Read more »

Posted on : 4/5/2023

Masdar Signs MoU with ADNOC Drilling In Geothermal Energy

Abu Dhabi Future Energy Company, better known as Masdar, which recently added geothermal power to its clean energy portfolio, plans to team up with UAE-based ADNOC Drilling Company PJSC to support its push into the sector..... Read more »

Posted on : 4/5/2023

A UAE Company Releases the Nation's First 100% Recycled Plastic Water Container.

PET is a highly recyclable plastic, and when it is recycled, it transforms into rPET, a substance that is robust, long-lasting and infinitely recyclable and is frequently used to package foods and beverages.rPET can be recycled and used to create fresh plastic bottles and other products. It saves energy and resources, promotes the recycling sector and keeps these polymers out of landfills..... Read more »

Posted on : 3/30/2023

A UAE Ministry Will Offer Training For Industrial Firms And Local Talent

In accordance with the National Plan for Industry and Advanced Technology, the Ministry of Industry and Advanced Technology (MoIAT) has formed partnerships to give training to SMEs and local talent..... Read more »

Posted on : 3/14/2023