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UAE agricultural firm uses technology to overcome food securitySmart Acres aims to support the UAE’s food security program by using high-tech vertical farming to produce approximately 8,000 kilograms of lettuce per cycle..... Read more » Posted on : 8/10/2020 |
ALEC Energy in agreement with Azelio for development and installation of energy storage in the Middle East and AfricaPrize-winning solar company, ALEC Energy and Swedish company Azelio has recently signed a Memorandum of Understanding that covers a partnership over 49 MW installed capacity of Azelio’s thermal energy storage until 2025. The projects are focused to the Middle East and African markets, where Alec Energy targets to enlarge its business proposing as a renewable energy project developer and system integrator. .... Read more » Posted on : 7/22/2020 |
Aramco buys 70% of SABIC for $69.1 billionDubai: Oil giant signed a deal last year with Saudi Arabia’s sovereign wealth fund, the PIF. Saudi Aramco purchased 2.1 billion shares, or 70 per cent, of Saudi Basic Industries Corp (SABIC) for 259 billion riyals ($69.1 billion) in four special transactions on Sunday..... Read more » Posted on : 6/14/2020 |
Businesses In The UAE Are Expanding Their Africa FocusDubai’s ongoing efforts to enhance its position as a gateway to African markets have played a crucial role in building new bridges of economic cooperation..... Read more » Posted on : 3/11/2020 |
UAE Introduced New Investment & Development Drive For AfricaThe UAE Minister for International Cooperation, Her Excellency Reem Al Hashimy said, "the Consortium would align the UAE government and its private sector’s commitment to Africa, combining aspiration for progress and resources to support it, into one focused entity to assist development and investment, contributing to a promising new future vision for Africa and Africans..... Read more » Posted on : 3/11/2020 |
