Dubai to pump up automotive industry

The UAE is a re-export hub for other Middle Eastern countries as well as Africa. Currently, 60 percent to 70 percent of all automotive parts that are imported, are re-exported to different countries..... Read more »

Posted on : 2/28/2019

UAE is looking to invest in refining and petrochemical projects in India

Oil-rich UAE said it is looking forward at investing more in refining and petrochemical projects as well as stocking more crude in India..... Read more »

Posted on : 2/18/2019

Oman's Raysut Cement contemplates $100m buy out of Kenyan firm

Raysut Cement Company of Oman has expressed desire in acquiring ARM Cement Ltd of Kenya as the GCC company expands in Africa. .... Read more »

Posted on : 2/15/2019

UAE real estate giant enters Ethiopia with La Gare undertaking

Eagle Hills, Abu Dhabi-based developer has made its first incursion into the Ethiopian real estate market with the launch of La Gare, the downtown of Addis Ababa, offering more than 4,000 residences..... Read more »

Posted on : 2/13/2019

UAE's Rotana to open hotel, apartments in Nairobi

UAE-based hospitality brand Rotana has closed a hotel management deal with Mullion Contractors Limited to manage a new five-star hotel and hotel apartments in Kenyan capital of Nairobi..... Read more »

Posted on : 2/12/2019

Qatar to invest 3.5 billion US dollars in the development of 140,000 housing units in Kenya

The Ambassador of the State of Qatar, Jabor Ali Al-Dosari, while making the announcement when he paid Muturi a courtesy call, said, "his government is ready to invest 3.5 billion US dollars to go towards the responsibility which is under the government's big four agenda of affordable housing." .... Read more »

Posted on : 2/8/2019

Emirates celebrated its operation to Ghana marking 15 years of service to Accra

Emirates, the victory airline has celebrated a milestone in its operation to Ghana, marking 15 years of service to Accra. The airline started operations in Ghana with three flights a week, increasing to six flights a week in March 2005. The first Emirates flight flew into Kotoka International Airport in January 2004, and the airline has since carried close to 1.6 million passengers between Accra and Dubai and its network..... Read more »

Posted on : 2/6/2019

Dubai-Based Solar Developer Yellow Door Energy Raises $65m For C&I Solar In Middle East And Africa

Yellow Door Energy has raised a $65 million Series A to invest an expansion effort in the Middle East. It is one of the largest commercial and industrial-scale solar developers in a region inked more by massive utility-scale development..... Read more »

Posted on : 2/3/2019

Italy extends financial aid for Ethiopia - Eritrea railway project

The Government of Italy has promised to finance a feasibility study for the planned construction of a rail line linking the Ethiopian capital Addis Ababa and the Eritrean port city of Massawa..... Read more »

Posted on : 1/28/2019

Ethiopia and Dubai firm sign MoU to outset the study of power link

To commence a practicable study of power link between the country and Gulf countries, Ethiopia’s Ministry of Water, Irrigation and Electricity has signed a MoU with the Gulf Electricity Interconnection Authority..... Read more »

Posted on : 1/26/2019