The UAE is one of the top five countries that invest in Africa

According to a real estate specialist, the continent's investment industry would remain resilient despite the epidemic, with data centers in particular anticipated to increase..... Read more »

Posted on : 7/28/2021

TotalEnergies Secures $34mn Financing From APICORP And NBF For 50MW Solar Portfolio In Dubai

TotalEnergies has secured a USD 34 million debt from the Arab Petroleum Investments Corporation (APICORP) and the National Bank of Fujairah (NBF) to finance the construction of a 50 megawatts portfolio..... Read more »

Posted on : 7/28/2021

Trina Solar Opens Distribution Facility In South Africa

Photovoltaic and smart energy total solution provider, Trina Solar, has announced that it will launch a distribution facility in South Africa..... Read more »

Posted on : 7/28/2021

UAE - Morocco forum explores new partnerships with Mining as key Factor

The Southern city of Morocco, Laayoune has recently hosted the Morocco-United Arab Emirates Business Forum, which kicked off under the theme, "A new outlook, new partnerships". .... Read more »

Posted on : 7/28/2021

Dubai companies are looking for new investment and expansion opportunities across Africa

DP World, based in Dubai, UAE, is looking for new investment and expansion opportunities across Africa as it pursues its long-term strategy focused on the continent, said Mohammed Al Muallem, the company's Senior Vice President and Managing Director for the UAE..... Read more »

Posted on : 7/27/2021

UAE set to complete $80mln infrastructure projects in 2021

The UAE Ministry of Infrastructure Development has recently announced that work was developing well on 3 key projects worth Dh295 million ($80.3 million) in Dubai and Sharjah which were anticipated to be completed in the 4th quarter of 2021..... Read more »

Posted on : 7/27/2021

The Car Parts Market in Dubai is Booming

According to a senior source, heavy demand from relatively younger re-export destinations such as Libya and Sudan has supported a 50%+ boom in Dubai's after-market vehicle spare parts sector..... Read more »

Posted on : 7/21/2021

Careem Launches New Ride-Hailing Services in Bahrain and Saudi Arabia

Careem, the region's first multi-service app, has launched its intercity ride-hailing service to Saudi Arabia, allowing customers to schedule a luxury automobile journey between cities whenever they want..... Read more »

Posted on : 7/21/2021

The formation of a new collaboration to deal with global plastic recycling

Emeraude International SAS, located in Paris, has undertaken a long-term strategic investment in DGrade, a one-of-a-kind UAE-based firm that controls the entire cycle from collecting and recycling plastic bottles to producing sustainable clothes and plastic flake for consumer packaging. The cooperation will help Emeraude enter the recycled plastic market by expanding DGrade's global reach..... Read more »

Posted on : 7/19/2021

'Dana Gas' Kurdish, Egypt Collections Increased by Two-Fold in H1

Dana Gas' H1 2021 revenue from the Kurdistan Region of Iraq (KRI) and Egypt grew 106 percent year over year to $185 million (AED678 million), the highest level in more than five years..... Read more »

Posted on : 7/19/2021