Dubai Holding's OSE Industries Acquisition a Major Boost for Dubai's Industrial Sector

Dubai Holding’s decision to earn a majority stake in Dubai based aluminium extrusion company OSE Industries is a major vote of confidence in the UAE economy, according to Dubai Industrial City..... Read more »

Posted on : 3/3/2021

Masdar Enters Strategic Alliance to Explore Renewable Energy Opportunities in Ukraine

Masdar’s parent company Mubadala Investment Company and DTEK, Ukraine’s largest private producer of power, have signed a strategic agreement to explore potential clean energy investments in Ukraine..... Read more »

Posted on : 3/1/2021

Masdar Signs Strategic Agreement with Samruk-Kazyna to Explore Renewable Energy Opportunities in Kazakhstan

Masdar and Samruk-Kazyna, the sovereign wealth fund of the Republic of Kazakhstan, have signed a strategic agreement to explore renewable energy opportunities in Kazakhstan and support the country’s clean-energy objectives..... Read more »

Posted on : 3/1/2021

UAE Solar Energy Firm Sirajpower Eyes $200m Financing Deal for Expansion

SirajPower, A UAE based solar energy provider, has announced its plans to raise USD 200 million in a bid to expand its footprint in the Gulf region..... Read more »

Posted on : 2/26/2021

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