Sheikh Mohammed approves the Dubai International Chamber's board of directors and advisory council.

His Majesty As part of a recent government restructuring aimed at driving comprehensive economic development in Dubai, Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the United Arab Emirates and Ruler of Dubai, approved the board of directors and advisory council of the newly-formed Dubai International Chamber..... Read more »

Posted on : 7/19/2021


Dubai Industrial City will receive a hydroponic vertical farm.

In Dubai Industrial City, Sokovo will build a hydroponic vertical farm. .... Read more »

Posted on : 7/15/2021


Denmark backs the UAE's Agriculture Innovation Mission for Climate Change.

According to a top Danish diplomat, Denmark has thrown its support behind a combined climate plan by the UAE..... Read more »

Posted on : 7/15/2021


Abu Dhabi to Replace Traditional Lights with LEDs

On Abu Dhabi Island, the Abu Dhabi City Municipality has begun a programme to replace old lights with smart energy-saving lighting systems (LED) that are environmentally beneficial..... Read more »

Posted on : 7/7/2021


Saudi Arabia Considers Developing Industrial Zone in Oman

Saudi Arabia is considering to develop an industrial zone in Oman and the 2 Gulf states have discussed the possibility in investment talks, the Saudi state news agency SPA reported..... Read more »

Posted on : 7/5/2021


Emirates Development Bank Signs Deal With NBQ to Boost Financing For Smes

Emirates Development Bank (EDB) signed a new agreement with the National Bank of Umm Al Qaiwain to provide increased financial support to small and medium enterprises (SME) in priority sectors in the UAE..... Read more »

Posted on : 7/5/2021


Abu Dhabi based venture plans to fund $500m of mining projects in emerging markets

An undertaking set up in Abu Dhabi Global Markets, which is being backed by Abu Dhabi Catalyst Partners, plans to provide finance worth $500 million for mining projects in emerging markets such as Africa, Asia and South America in the next 3 to 5 years..... Read more »

Posted on : 6/30/2021


For the Middle East and Africa, the First Digitally Connected Elevator Series

KONE, a global leader in the elevator and escalator sector, has launched the world's first digital elevator series in the Middle East and Africa. KONE DX Class elevators have class-leading built-in connectivity, allowing customers to enjoy a new and enhanced experience that blends the finest in design, technology, innovative materials, apps, and services. Their Class series is accessible throughout the region's markets, commencing with the United Arab Emirates, Saudi Arabia, Qatar, and Africa as target areas for regional expansion..... Read more »

Posted on : 6/29/2021


UAE and Somaliland inaugurates new terminal at Berbera Port, announce second phase expansion and break ground for Economic Zone

The Berbera Corridor road upgrade project, financed by the Abu Dhabi Fund for Development (ADFD) and the UK’s Department for International Development (DFID) and the Hargeisa Bypass Road funded by UK Aid, is now all set for completion in quarter four, 2021 and quarter three 2022, respectively. The road will link to the prevailing modern highway on the Ethiopian side and position Berbera as a direct, fast, and efficient trade route for Ethiopian transit cargo..... Read more »

Posted on : 6/29/2021


Noga Drills First Exploration Oil Well in Block 1 in Bahrain

GE, the world's largest technology company, has unveiled an extensive "Energy Transition Plan" for Iraq, outlining its innovative initiatives to help the country transition to a cleaner energy future..... Read more »

Posted on : 6/29/2021