Dubai's exports to Africa are increasing.

Dubai has emerged as one of Africa's leading suppliers of goods and consumer goods. With the arrival of African bulk buyers over the last decade, shipping lines plying the Dubai-Africa route have seen a welcome increase in business. Nigeria, Mauritania, Senegal, Gabon, Ghana, and the Ivory Coast are among the major West African destinations for UAE exports, as are Tanzania, Uganda, and Kenya in East Africa. Freight rates to Africa typically range between 2,200 USD and 2,600 USD for a 20-foot container with a capacity of 21 tonnes..... Read more »

Posted on : 4/7/2022

Dubai's DEWA Says Increases IPO Size To 17%, Could Raise As Much As $5.7 Billion

Dubai Electricity and Water Authority (DEWA) more than doubled the size of its initial public offering (IPO) on Tuesday, meaning it could raise as much as $5.7 billion in the region’s biggest IPO since Saudi Aramco’s record share sale..... Read more »

Posted on : 4/6/2022

DEWA to Provide 100% Power Capacity from Clean Energy Sources By 2050

Dubai is set to play a key role in the global green hydrogen sector as demand for renewable energy sources increases..... Read more »

Posted on : 4/6/2022

UAE Aims to Go Green While Continuing to Produce Oil

Kingdom’s climate envoy tells UN confab that fossil fuel phaseout ‘cannot be rushed,’ that oil will still be needed in future, and that UAE can produce it with low carbon emissions.... Read more »

Posted on : 4/4/2022

Bahwan CyberTek signs MoU with BITS Pilani, Dubai

Bahwan CyberTek (BCT) Group, a global provider of digital transformation solutions announced that it has signed a Memorandum of Understanding (MoU) with BITS Pilani, Dubai..... Read more »

Posted on : 4/1/2022

UAE-India Forum To Explore Investment Opportunities

The UAE-India Investment Forum, which was hosted by Khaleej Times at Conrad Hotel in Dubai on 15th March 2022, aims to herald a new beginning in the flourishing economic ties between the 2 countries..... Read more »

Posted on : 4/1/2022

M Glory to set up 1st EV manufacturing plant in UAE

M Glory Group, located in the UAE, lay the groundwork for the country's first industrial plant for the production of electric vehicles (EV) in Dubai Industrial City, which would cost AED1.5 billion ($408.3 million)..... Read more »

Posted on : 4/1/2022

Abu Dhabi to host one of the Middle East's biggest automotive export hubs

AD Ports in Abu Dhabi will collaborate with the Ghassan Aboud Group to establish an automobile export and distribution centre in KIZAD (Khalifa Industrial Zone Abu Dhabi)..... Read more »

Posted on : 4/1/2022

Averda, has received a $45 million investment from US DFC to construct recycling facilities.

The US International Development Finance Corporation (DFC) has awarded a $45 million investment loan to Averda, a Dubai-based waste and recycling company, for the development, building, and management of plastics recycling facilities in Africa and India..... Read more »

Posted on : 3/31/2022

In Dubai, Churchill promotes agri-food innovation.

During a visit to the UAE, Minister for Agri-innovation and Climate Adaptation Jo Churchill outlined the UK government's ambition to enhance agricultural innovation and technology..... Read more »

Posted on : 3/30/2022