Medicines Trade between UAE and Jordan grew 10% in 2020

Minister of Economy Abdulla bin Touq Al Marri discussed their economic cooperation and ways of strengthening them with Maha Ali, Jordan's Minister of Industry, Trade and Supply, to serve the mutual interests of their countries and peoples..... Read more »

Posted on : 2/25/2021

UAE's Zulekha Hospital & Israel-based Health Plus join hands to promote medical tourism

A joint cooperation agreement in the area of medical tourism has been signed by the UAE-based Zulekha Hospital and Israel-based Health Plus..... Read more »

Posted on : 2/25/2021

BP Decides on Selling 20% Stake in Oman's Block 61 to PTTEP

BP will be selling 20% participating interest in Oman’s Block 61 to PTT Exploration and Production Public Company (PTTEP) of Thailand for a total consideration of $2.6 billion..... Read more »

Posted on : 2/2/2021

Middle East and Africa's Oil & Gas Industry witnesses an increase of 33.3 per cent in the Deal Activity of Q4 2020

A total of 52 deals worth $4.7 billion were announced for the region during Q4 2020, compared to the last four-quarter average of 39 deals.... Read more »

Posted on : 2/1/2021

Dubai's DP World to Invest $190m After Winning Angola Port Concession

DP World on 18th January said it has signed a 20 year concession agreement with the Government of Angola to operate a multi-purpose terminal at the Port of Luanda..... Read more »

Posted on : 1/29/2021

Dubai Economy to Grow 4% in 2021, Rebounding From Last Year's Contraction

Dubai, the financial and business hub of the United Arab Emirates (UAE), is forecast to grow by 4% in this year 2021, recovering for a projected 6.2% contraction last year, the government said, and citing projections from the Dubai Statistic Centre..... Read more »

Posted on : 1/29/2021

'World's First Solar Aluminium' as Metals Group Taps Massive Dubai Renewables Plant

The United Arab Emirates (UAE) claimed it will be the world’s 1st state to produce aluminium using solar energy after a massive power deal involving in 1 of the world’s largest renewable energy projects..... Read more »

Posted on : 1/27/2021

Abu Dhabi Secures Funding to Build World's Largest Solar Power Plant

The Abu Dhabi National Energy Co. (TAQA) last month announced it has secured funding to build the world’s largest solar power plant..... Read more »

Posted on : 1/27/2021

Mubadala and Siemens Energy Signs Mou to Explore Green Hydrogen Sector

Mubadala Investment Company and Siemens Energy signed a Mou to explore investment and commercial opportunities in clean energy and green hydrogen, establishing Abu Dhabi as a global hub of low-carbon fuels..... Read more »

Posted on : 1/25/2021

Acwa Power Taps $125m Credit Facility from Apicorp

Saudi Arabian energy developer Acwa Power signed a 125 million dollar 5 year Sharia compliant corporate facility with multilateral lender Apicorp to support its growth plans..... Read more »

Posted on : 1/25/2021