UAE industrial giant in the mining business to elevate aluminium production after smelter upgrade

UAE industrial giant EGA, one of the largest industrial companies in the UAE outside oil and gas, has recently announced the start-up of the first section of an enlargement to the company’s Al Taweelah smelter. .... Read more »

Posted on : 5/4/2021

Saudi Aramco Could Tap Global Giants for Its Upstream Oil and Gas Assets

Saudi Aramco is undertaking a strategic analysis of its upstream operations, which may lead to the state-owned company bringing in outside investors to invest in some of its oil and gas properties..... Read more »

Posted on : 5/3/2021

UAE Sets a New Oil Industry Benchmark with Murban Trading

The historic launch of Murban trading on the new ICE Futures Abu Dhabi (IFAD) exchange not only signals the UAE's bold efforts to cement its status as a global energy major for years to come, but it also marks the first time an Opec member from the Arabian Gulf has permitted its crude to be sold and exported freely anywhere in the world..... Read more »

Posted on : 5/3/2021

UAE Sets a New Oil Industry Benchmark with Murban Trading

The historic launch of Murban trading on the new ICE Futures Abu Dhabi (IFAD) exchange not only signals the UAE's bold efforts to cement its status as a global energy major for years to come, but it also marks the first time an Opec member from the Arabian Gulf has permitted its crude to be sold and exported freely anywhere in the world..... Read more »

Posted on : 5/3/2021

UAE's Medcare partners with Israel hospital to boost medical services

The Aster DM Healthcare Group's Medcare Women & Children Hospital in the United Arab Emirates recently signed an agreement with Sheba Medical Center in Tel Aviv, Israel, to "facilitate knowledge exchange across various specialties.".... Read more »

Posted on : 5/3/2021

Dubai plans to massively redesign and construct public parks across the emirate

The creative arm of the Government of Dubai Media Office, Brand Dubai and Dubai Municipality have recently publicized a conglomerate to redesign public parks across the emirate to create them more engaging to visitors as creative, social and natural spaces..... Read more »

Posted on : 4/29/2021

Gulf African Bank, Toyota Kenya Sign Trucks Financing Deal

Islamic lender Gulf African Bank (GAB) has partnered with motor dealer Toyota Kenya to offer finance to customers buying Hino trucks and buses as well as Hilux pickups..... Read more »

Posted on : 4/28/2021

UAE Switching to Green Lights

Only fluorescent and LED lamps will be used in the UAE by the middle of 2013, as the Emirates Authority for Standardisation and Metrology expands its range of performance standards to include more electrical appliances such as washing machines and refrigerators. According to the latest regulations, all light bulbs sold and used in the country must be classified as environmentally friendly..... Read more »

Posted on : 4/12/2021

Sheikh Mohammed authorizes $8.2bln financial assistance to companies to boost UAE economy

His Majesty Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has accepted the Emirates Development Bank (EDB) Strategy, which will offer a sizable AED30 billion in financial assistance to companies and start-ups, as a significant move toward driving the national economy..... Read more »

Posted on : 4/7/2021

UAE signs $3bn investment agreement with Iraq

The United Arab Emirates has agreed to spend $3 billion in Iraq as part of an effort aimed at "solidifying trade and investment links, tapping new opportunities of cooperation, and spurring developmental and socio-economic growth in Iraq.".... Read more »

Posted on : 4/7/2021