Dubai's Free Zone - A food and agricultural trade hub

Jebel Ali Free Zone, Jafza, still holds the title of the most favored harbor for trade in food and agricultural commodities. The Free Zone has reported an increase in the trade growth by 24 % in 2019 and a 7% increase in the customer base. The Free Zone is a vast food and agriculture cluster spreading over 1.57 million square meters with the participation of more than 550 companies from across 70 countries..... Read more »

Posted on : 9/25/2020

UAE's Mubadala Investment Company Signs Strategic Agreement With Top Russian Bank

UAE’s Mubadala Investment Company has signed a series of six cooperation agreements worth more than AED 7 billion ($2 billion) with the Russian Direct Investment Fund (RDIF) as part of the sovereign wealth funds’ long-term investment partnership that began in 2013..... Read more »

Posted on : 9/23/2020

EDF group seals 2GW deal to supply world's cheapest solar power

A consortium together with EDF and JinkoSolar will said to build a 2GW solar project in the United Arab Emirates which is said to be the world’s largest on a single site and fixed to supply renewable power at record-low prices..... Read more »

Posted on : 9/23/2020

Dubai's Landmark Group signs solar deal with Yellow Door Energy, Amana Investments

Landmark Group, UAE’s retail and hospitality conglomerate freshly signed a 2.6 megawatt-peak-solar deal with Sustainable Energy provider Yellow Door Energy and Amana Investments, a design-build construction company..... Read more »

Posted on : 9/23/2020

Al-Bahar launches exclusive promotion for Cat machines

Al-Bahar, the authorised dealer of Cat products in the UAE, Kuwait, Bahrain, and Oman, on September 23 announced an exclusive campaign for building construction machines including skid steer loaders, backhoe loaders, mini excavators and compact track loaders..... Read more »

Posted on : 9/23/2020

Abu Dhabi launches industrial sustainability project

The Industrial Development Bureau (IDB) of the Abu Dhabi Department of Economic Development has launched the ‘Industrial Sector Sustainability’ project, an initiative aimed at adopting a sustainable approach to all manufacturing operations of industrial facilities in Abu Dhabi..... Read more »

Posted on : 9/23/2020

UAE and South Korea forge deals to co-operate in 10 new sectors

UAE and South Korea recently signed agreements to collaborate in 10 new sectors including science, oil and gas and infrastructure over the next 2 years..... Read more »

Posted on : 9/22/2020

Acwa Power announces signing of financing agreements for Jubail-3A IWP

Acwa Power has recently declared the successful signing of senior financing agreements for the $650 million Jubail-3A IWP..... Read more »

Posted on : 9/22/2020

Opec Turns 60, Remains Focused On Balanced & Stable Oil Market

The Organisation of Petroleum Exporting Countries (Opec) all set to meet the upcoming challenges it will face as it enters the next six decades of its history, said the Vienna-based organization on the occasion of its 60th anniversary..... Read more »

Posted on : 9/21/2020

Oxford Flow Starts New Manufacturing Facility to Fuel Growth

Oxford Flow, the flow control equipment specialist for oil, gas, water and industrial process industries, has opened its new manufacturing facility in Oxford to fuel its ambitious growth plans..... Read more »

Posted on : 9/21/2020