UAE plans to enhance exports to West African nations

An agreement for funding was signed by the Abu Dhabi Exports Office and the ECOWAS Bank for Investment and Development last week. According to a news statement from the Abu Dhabi Exports Office, the agreement creates a USD 20 million credit line between the two parties in order to increase commerce between the United Arab Emirates and the 15 ECOWAS member states in West Africa..... Read more »

Posted on : 7/14/2022

India's manufacturing exports to reach $1 trillion by FY28: Report

India is expected to scale up its manufacturing exports to $1 trillion by fiscal year 2027-28.... Read more »

Posted on : 7/13/2022

In a USD 6 billion investment deal, the UAE will construct a port on the Red Sea in Sudan.

According to DAL group chairman and deal partner Osama Daoud Abdellatif, the United Arab Emirates would invest USD 6 billion in the construction of a new Red Sea port in Sudan..... Read more »

Posted on : 7/12/2022

Indonesia Hopes to Boost Middle East Exports After New UAE Trade Pact

Indonesia-UAE trade pact erases majority of existing tariffs Wide-ranging pact is Indonesia’s first with a Gulf country.... Read more »

Posted on : 7/7/2022

UAE Investors Sign Up USD 2.76 Billion Worth of Investment in Odisha

CM Naveen Patnaik met key UAE business groups as part of an investment roadshow to promote investment in the state’s industrial sector.... Read more »

Posted on : 7/7/2022

Arab Countries Plan 73 GW of Utility-Scale Wind, Solar Projects

Arab countries in the Middle East and North Africa are planning 73.4 GW of utility-scale wind and solar projects which corresponds to a more than 5 fold increase in current capacity and marks a serious shift away from oil and gas, a report by US-based NGO Global Energy Monitor shows..... Read more »

Posted on : 7/6/2022

Abu Dhabi's Alpha Dhabi Continues its North Africa Push with Libya Solar Deal

Alpha Dhabi subsidiary to help build initial 500M solar photovoltaic project in Libya..... Read more »

Posted on : 7/6/2022

EU Seeks Partnership with UAE on Africa Energy Transition and Infrastructure Projects

The European Union is looking to partner with the UAE to help accelerate energy transition and infrastructure development in Africa as part of the 27-member bloc’s €300 billion ($321.9bn) Global Gateway strategy..... Read more »

Posted on : 7/5/2022

UAE-Egypt Consortium Set To Buy African Renewables Firm Lekela

The deal would give Masdar, its 1st foothold in southern Africa, expected by analysts and bankers to be the next major hub of renewables development after Asia considering the many hours of sunlight, even during winter..... Read more »

Posted on : 7/5/2022

Dubai's New Auto reports high growth in car exports

During the first quarter of 2022, the UAE car market had a 4.6 percent increase in sales. According to auto analysts, automobile exports accounted for a substantial amount of these sales, since new car exports from the UAE climbed dramatically compared to the same period previous year..... Read more »

Posted on : 7/5/2022