Abu Dhabi Exports Office signs $30m trade finance deal with Africa's TDB

The export finance arm of the Abu Dhabi Fund for Development, Abu Dhabi Exports Office (ADEX), signed a $30 million trade finance agreement with the Eastern and Southern African Trade and Development Bank (TDB) to strengthen trade between the UAE and the lender’s member states..... Read more »

Posted on : 9/1/2021

UAE sign agreement with Israel to digitise healthcare services

Chairman of the Federal Group and Smart Vision for Information Technology, Sheikh Tahnoon Bin Saeed Bin Shakhbout al Nahyan has signed a collaboration agreement with Digital Health Innovation 2048 (DHI 2048) to speed up the adoption of Israel's best-in-class digital health products and innovative solutions..... Read more »

Posted on : 8/31/2021

Abu Dhabi's Mubadala invests in Hugel a Korean medical aesthetics giant

A consortium led by Abu Dhabi wealth firm Mubadala has purchased a 46.9 percent stake in Hugel, a Korean maker of cosmeceutical goods..... Read more »

Posted on : 8/31/2021

UAE firm opens a branch in Kenya to assist local SMEs and foreign investors

Investera, a business intelligence and investment organization located in the UAE, has begun operations in Kenya, where it will advise international investors looking to invest locally and connect local businesses to global possibilities..... Read more »

Posted on : 8/31/2021

The Dubai Chamber of Commerce and Industry invests AED 100 million in Africa to Promote Trade and Investment Opportunities.

The Dubai Chamber of Commerce and Industry has announced an AED 100 million investment to improve awareness of trade and investment possibilities in Africa, as well as to promote Dubai as an appealing commercial center for firms on the continent..... Read more »

Posted on : 8/27/2021

The UAE has the ability to more than quadruple its exports to African countries.

According to the research, the UAE's exports to African nations have increased significantly over the last decade, owing to expanded UAE-Africa commercial relations..... Read more »

Posted on : 8/27/2021

Centric Lighting is the New Normal

As the Covid 19 pandemic swiftly dismantled everyday life around the world and drove us back indoors, the spotlight fell back on the importance of daylight in our well-being..... Read more »

Posted on : 8/27/2021

Dubai's exports to Africa are Growing.

Dubai has established itself as a significant provider of commodities and consumer goods to Africa. With the arrival of African bulk customers during the last decade, shipping companies running the Dubai-Africa route have seen a welcome increase in business. Nigeria, Mauritania, Senegal, Gabon, Ghana, and the Ivory Coast are among the top destinations for UAE exports in West Africa, while Tanzania, Uganda, and Kenya are among the top destinations in East Africa. For a 20-foot container with a capacity of 21 tonnes, freight charges to Africa are approximately USD 2,200 to USD 2,600. Current prices for a 40-foot container with a capacity of 26.5 tonnes range from USD 4,900 to USD 5,600..... Read more »

Posted on : 8/27/2021

ADNOC Awards Engineering Contracts Worth $1b On Major Projects

Abu Dhabi National Oil Company (ADNOC) has signed framework agreements for concept and front-end engineering design (FEED) for major projects across its entire value chain. FEED relates to engineering services rendered after completion of a feasibility study..... Read more »

Posted on : 8/26/2021

Saudi Arabia's First Wind Farm Begins Electricity Production

Saudi Arabia’s 1st wind farm has been connected to the grid and began producing carbon-free electricity, local media reported..... Read more »

Posted on : 8/26/2021