UAE-based Foundations Holding to invest $67m in the Saudi healthcare firm

The healthcare and education investment business intends to invest $67 million in the kingdom's primary healthcare sector, nearly half of which will be spent on the Shifa Al Munthaza Polyclinic transaction..... Read more »

Posted on : 8/4/2021

UAE in Kenya to boost trade and investment relations

The Kenya National Chamber of Commerce and Industry (KNCCI) and Etihad Credit Insurance (ECI), the UAE Federal export credit corporation has created a strategic relationship with Kenya to enhance economic cooperation by boosting international trade and investment flows and assisting the two nations' business communities, in the post-pandemic period..... Read more »

Posted on : 8/4/2021

UAE & French giants to invest $416m in African private equity

Mubadala Investment Company and French giant BPIfrance have joined forces to create a new co-investment company focusing on African private equity, with the goal of assisting high-growth African companies and SMEs..... Read more »

Posted on : 8/4/2021

Sharjah Chamber, EDB Sign Mou To Support Industrial & SME Sector

The Sharjah Chamber of Commerce and Industry (SCCI) and Emirates Development Bank, a key financial enabler of the country’s economic diversification and industrial transformation agenda, on 5th July signed a MoU to foster the development and growth of UAE-based manufacturers, exporters and SMEs through financial support..... Read more »

Posted on : 8/2/2021

Sokovo Launches New Vertical Farm At Dubai Industrial City

Sokovo has signed an agreement with Dubai Industrial City, 1 of the region’s largest manufacturing and logistics hub, to establish a vertical farm that will produce thousands of tonnes of leafy greens, fruits and vegetables per year..... Read more »

Posted on : 8/2/2021

French Group MND in Deal to Set up New Urban Ropeway in Dubai

As part of its efforts to reach Dubai's objective of having 25% of all trips be self-driving by 2030, the Roads and Transport Authority (RTA) has struck a deal with French mobility specialist MND, a major business in the ropeways industry..... Read more »

Posted on : 7/30/2021

Nissan Takes It To The Next Level With The Debut Of The 2021 Model In The Middle East

Nissan has announced the Middle East debut of the 2021 Kicks, which has styling and technological updates to fit the needs of the region's rising urban population..... Read more »

Posted on : 7/30/2021

AMEA Power Commissions 51.75MW Wind Power Plant In Jordan

The wind power plant is located in the Tafila Governorate, 140 km south of the capital city Amman and will be operated for 20 years by Abour Energy Company.... Read more »

Posted on : 7/29/2021

Dubai Installs Over 2 Million Electricity And Water Smart Meters

Dubai Electricity and Water Authority (DEWA) has installed more than 2 million electricity and water smart meters in Dubai recently, a senior official at the authority has revealed..... Read more »

Posted on : 7/29/2021

Kuwait Looks to Gas Imports as Gulf States Aim to Burn Less Oil

Kuwait has opened its first permanent facility to import liquefied natural gas, as oil-rich Persian Gulf states accelerate efforts to wean their power plants off crude and use cleaner forms of energy..... Read more »

Posted on : 7/29/2021