Aquaculture is getting boost in the UAE

In the UAE, salmon fishing in the deserts is becoming a reality. As part of the UAE’s long-term strategy, Minister of State for Food Security Mariam bint Mohammed Saeed Hareb Almheiri announced that the government commitment to design a national aquaculture roadmap..... Read more »

Posted on : 8/19/2020

Saudi's ICD to set up $1 billion Africa development fund

A 1 billion dollar development fund for Africa projects has been signed by the Saudi-based Islamic Corporation for the Development of the private sector (ICD). According to Arab Business, the agreement was signed with IL&FS Investment Managers Limited (IIML), the private equity arm of the IL&FS Group. ICD and IIML will work together to set up a fund to finance small to medium-sized infrastructure projects in Africa aimed at the healthcare, transport, utilities, power and telecommunications industries..... Read more »

Posted on : 8/18/2020

UAE and South Africa to improve trade and investment ties

The Ajman Chamber of Commerce and Industry (ACCI) has received a delegation from the South African Consulate in Dubai to discuss ways to enhance economic cooperation, to open up new investment skills between the two sides and to highlight investment opportunities in a way that increases intra-trade volume. Salem Al Suwaidi, Director-General of the Ajman Chamber, received a delegation from Mogobo David Magabe, Consul-General of the Republic of South Africa in Dubai and the Northern Emirates, and Mpho Mminele, Consul for Political Affairs. Among the participants were Mohammad Ali Al Janahi-Executive Director of the Division of Promotion and Investment, Marwan Hareb Al-Aryani, Director of the Department of Promotion and International Relations, and Sheik Abdulaziz bin Hamdan Al Nuaimi, Department of Economic Development, Ajman..... Read more »

Posted on : 8/18/2020

New luxury gardening community launched in Aljada, UAE

In Aljada, the 24 million square foot mixed-use destination in the heart of New Sharjah, Arada has unveiled a new luxury garden villa community. With 114 villas and townhouses located in a lushly landscaped and exclusive neighborhood, Sarab 2 homes will be available for sale from August 10th. With a range of two-bedroom townhouses, three-bedroom townhouses, semi-detached villas, and four-bedroom detached villas, Sarab 2 is geared towards professionals, couples , and families who can all benefit from the balance between the community's tranquility and its location within one of the region's fastest growing mixed-use megaprojects..... Read more »

Posted on : 8/18/2020

Dubai Sends Urgent Food Supplies To Nigeria

The Prime Minister of the United Arab Emirates, Sheikh Mohammed bin Rashid Al Maktoum.... Read more »

Posted on : 8/17/2020

DEWA commissions new 400/132 kV Substation in Dubai South

Dubai Electricity and Water Authority (DEWA) has commissioned a new 400/132 kV substation in Dubai South. It has a conversion capacity of 2020 megavolt-amperes (MVA) with 2.4 kilometres of 400kV overhead lines to connect with DEWA’s network..... Read more »

Posted on : 8/17/2020

Proposed Djermaya solar project in Chad enters a new phase

The proposed Djermaya solar project in Chad has now arrived into a new phase following a call for bids to recruit a company to carry out the engineering, procurement, and construction (EPC) of its first 32 MWp phase..... Read more »

Posted on : 8/17/2020

EWEC to construct world's largest Solar Power Plant in Abu Dhabi

The Emirates Water and Electricity Company (EWEC) has announced the contract award for the world’s largest solar energy plant project. The project was awarded to a consortium led by Abu Dhabi National Energy Company (TAQA) and Masdar, with partners EDF and JinkoPower, for the development of the 2GW Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) project, which will be located approximately 35km from Abu Dhabi city. The project’s power purchase agreement (PPA) and shareholders’ agreement were signed with EWEC..... Read more »

Posted on : 8/17/2020

900MW Mohammed bin Rashid Solar Park to be constructed in UAE

ACWA Power has publicised the selection of Shanghai Electric as the Engineering, Procurement and Construction (EPC) contractor for the 5th phase of the Mohammed bin Rashid Solar Park, which tracks within only three months of the PPA signing between Dubai Electricity and Water Authority (DEWA) and the consortium led by ACWA Power..... Read more »

Posted on : 8/17/2020

Italy's Snam enters UAE in landmark $10bn energy deal

Italian-based multinational energy infrastructure company Snam has partnered with five international funds to enter the United Arab Emirates’ energy market.... Read more »

Posted on : 8/17/2020