Sterlite Technologies Ltd Bags Rs 700-Crore Deals from Telecom Firms in UAE, Africa

Sterlite Technologies Ltd NSE -1.28 % (STL) on 1st March announced to have secured deals of over Rs 700 crore from telecom firms in Middle East and Africa, taking the company's total order book to over Rs 11,300 crore. The deal includes building infrastructure for 4G, 5G and FTTX for a leading telecom company in the UAE. It also got a deal from North Africa to deploy digital billing solutions for over 70 lakh subscribers..... Read more »

Posted on : 3/22/2021

Dubai's DP World Inks $ 1.2bn Agreement to Build Port and Logistics Park in Indonesia's Gresik

Dubai port operator DP World has partnered with Caisse de depot et placement du Quebec investment group to sign a US$1.2 billion agreement with Indonesia’s Maspion Group to construct an international container port and industrial logistics park in Gresik in Indonesia..... Read more »

Posted on : 3/22/2021

UAE, Africa to strengthen their trading ties via export credit alliance

Etihad Credit Insurance (ECI) and the African Trade Insurance Agency (ATI) have agreed to work together to improve trade links between the UAE and Africa by offering trade financing options to companies and exporters in both countries..... Read more »

Posted on : 3/18/2021

UAE has begun trade and investment promotion activities in Nigeria

The United Arab Emirates Embassy in Nigeria has begun a series of trade and investment development activities aimed at increasing bilateral trade and investment volume between Nigeria and the UAE..... Read more »

Posted on : 3/18/2021

Wood Completes Work on Shell's First Solar Pv Plant in The Middle East

Wood, the global consulting and engineering company, recently completed its role as owner’s engineer on Oman Shell’s 1st utility-scale, photovoltaic solar project in the Middle East, designed to cut emissions from industrial activities. .... Read more »

Posted on : 3/17/2021

Masdar, Ethiopia to Collaborate on 500MW Solar Projects

Masdar and the Government of Ethiopia, are exploring the development of solar power projects with a total capacity of 500 MW, along with the related grid infrastructure across Ethiopia..... Read more »

Posted on : 3/17/2021

UAE Ranks First In Region and 17th Worldwide In Global Soft Power Index 2021

The UAE has been ranked 1st in the Arab region and 17th worldwide, up from last year’s 18th ranking, in the Global Soft Power Index 2021..... Read more »

Posted on : 3/17/2021

FARN Issues Operating License for Unit 2 of Barakah Nuclear Power Plant

The Federal Authority for Nuclear Regulation, the UAE’s independent nuclear regulator, on 9th March has issued the Operating License for Unit 2 of the Barakah Nuclear Power Plant to Nawah Energy Company, the Emirates Nuclear Energy Corporation’s (ENEC) subsidiary, responsible for the operation of the nuclear power plant located in the Al Dhafra region of Abu Dhabi..... Read more »

Posted on : 3/17/2021

KFH-Bahrain to Launch Auto Finance Unit at Sitra Mall

Edamah Property Management Company (EPMC), a wholly owned subsidiary of Edamah, has announced the signing of a lease agreement with Kuwait Finance House-Bahrain (KFH-Bahrain) to run a branch dedicated to automotive financing in the soon-to-be renovated Sitra Mall..... Read more »

Posted on : 3/15/2021

Juma Al Majid introduces Genesis GV80

Juma Al Majid Est, the exclusive distributor of Genesis cars in the UAE, announced that the 2021 Genesis GV 80 is now available in the UAE..... Read more »

Posted on : 3/15/2021