UAE's ADQ to boost investment in Egypt as part of TSFE deal

ADQ, Abu Dhabi's state-owned holding company, has established a new office in Egypt to strengthen its commitment to investing in the country's economic growth. ADQ is one of the region's largest holding companies, with a diverse portfolio of major enterprises spanning key sectors of Abu Dhabi's diversified economy..... Read more »

Posted on : 12/17/2021

Building on a USD 50 billion agreement, the UAE and Africa are expanding their cooperation.

Long-term trends over decades suggest that African countries are currently extremely appealing investment locations..... Read more »

Posted on : 12/14/2021

UAE businessmen invest USD 2 billion in Africa's mining sector.

As a result of the recent government backed Africa-UAE Trade promotions, investors from the United Arab Emirates have offered USD 2 billion in investments in the African mining industry..... Read more »

Posted on : 12/14/2021

UAE's ADNOC signs a $6.2 billion deal to construct the world's largest polyolefin plastics facility.

The Abu Dhabi National Oil Company (ADNOC) has agreed to spend $6.2 billion to expand its polyolefin Borouge factory, making it the world's largest producer of this type of plastic..... Read more »

Posted on : 12/7/2021

Abu Dhabi has announced an initiative to improve local agricultural through sustainable agriculture.

The Abu Dhabi Agriculture and Food Safety Authority has unveiled a new agricultural development plan targeted at enhancing the efficiency of sustainable farming..... Read more »

Posted on : 12/7/2021

UAE and US have launched a $4 billion effort to promote agricultural climate innovation.

At Cop26, the UAE and the US announced a cooperative project to achieve swift and transformative climate action in agriculture, with the goal of increasing investment in science and innovation to guarantee the sector contributes to resolving the climate issue..... Read more »

Posted on : 12/7/2021

UAE is constructing first green hydrogen plant in M.East

According to Energy Minister Suhail Al-Mazrouei, the UAE has begun construction on "the first green hydrogen plant in the Middle East," and testing is presently ongoing..... Read more »

Posted on : 12/6/2021

UAE-based Adnoc Distribution signs two contracts in Africa

Adnoc Distribution, located in the United Arab Emirates, has signed two new distributors for its Adnoc Voyager lubricant in Angola and the Democratic Republic of the Congo..... Read more »

Posted on : 12/6/2021

76% of UAE Building Managers Invest in Energy-Efficient Lighting and HVAC Systems

More than 300 corporate leaders, building managers, and decision-makers from the UAE, Saudi Arabia, and Egypt participated in the study..... Read more »

Posted on : 12/1/2021

Q2 GDP growth at 8.4%, government sees double-digit rise in FY22

The country’s economy grew by 8.4% in the July-September quarter, broadly in line with expectations, led by a steady farm sector and double-digit expansion in public administration.... Read more »

Posted on : 12/1/2021