Adia Brings Global Long-Term Investors & African Sovereign Funds Together To Explore The Investment Potential Of Africa

Abu Dhabi Investment Authority (Adia) is hosting more than 180 representatives of sovereign wealth funds, Africa focused asset managers, bankers at a two-day event in the capital that looks at the investment potential of the African continent. Established in 1976, Adia is one the world’s largest sovereign funds, according to ranking providers, that invests on behalf of the government – after Norway and China..... Read more »

Posted on : 11/25/2019

Dubai to Expand Relations with Kenya beyond Oil Business

Dubai trade officials say the Arab emirate, which has expand ploughed oil wealth into other sectors from tourism to real estate, wants to double non-oil trade and investments with Kenya. Dubai, as the commercial and trading hub of the Middle East, has long been regarded as the gateway of trade between Kenya and the rest of the world..... Read more »

Posted on : 11/21/2019

Ethiopia Is An Important Trade And Investment Partner For The UAE In East Africa

Sultan bin Saeed Al Mansouri, United Arab Emirates (UAE) Minister of Economy said "Ethiopia is an important trade partner for the UAE," noting the two countries share robust cultural and fraternal ties in various fields. Ethiopia has a large and emerging consumer market of up to 100 million people with promising untapped economic potential and enormous diverse resources in several sectors," the UAE minister said..... Read more »

Posted on : 11/21/2019

Saudi Arabia's ACWA Power signs 200-MW solar PV Agreement in Egypt

ACWA Power will develop, finance, construct and operate a 200-MW solar photovoltaic plant in Egypt. .... Read more »

Posted on : 11/20/2019

ADB, Gulf PD Sign Deal to Build 2,500 MW Power Plant in Thailand

The Asian Development Bank (ADB) and Gulf PD Company Limited (Gulf PD) signed a $180 million agreement to build and operate a 2,500-megawatt (MW) joint cycle gas turbine power plant in the Rojana Rayong 2 Industrial Park of Thailand’s Rayong Province, about 150 kilometers southeast of Bangkok..... Read more »

Posted on : 11/19/2019

ADNOC, NATIONAL OIL COMPANY IN ABU DHABI INVESTS DH1.8 BILLION TO BOOST BAB ONSHORE FIELD

Abu Dhabi National Oil Company (Adnoc) declared on Wednesday, a significant Dh1.8 billion investment to upgrade its Bab onshore field, one of its largest onshore producing assets, Situated 160 kilometres southwest of Abu Dhabi city..... Read more »

Posted on : 11/14/2019

Saudi Aramco Endorses 2020 Crude Oil Sale Agreement at China's Largest Trade Fair

Saudi Aramco signed crude oil supply deal for 2020 with five Chinese customers, raising total volume by 151,000 barrels per day compared to their 2019 supply contracts. Saudi Aramco is already China's top crude supplier..... Read more »

Posted on : 11/14/2019

Plastics & Rubber Products Are Considered To Have A Great Potential To Contribute To The U.A.E.'s Export To Africa

There are many reasons that make Dubai a beneficial place to set business. Over a period, Dubai has become the most swiftly growing business centre in the world. With the remarkable potential, the country has turned itself from a desert city to a world-class city. The country offers high-quality facilities to businesses along with suitable environment. With an intent to grow further, the government of Dubai has brought a number of economic reforms and administrative policies to attract capital and business houses from all over the globe. .... Read more »

Posted on : 11/13/2019

UAE - A Special Initiative Launched For The Recycling Of Plastic Bottles

Recycle 50 plastic bottles, get Nol card with Dh25 balance in Dubai. The initiative, a recycling machine, is a pilot project and comes as part of the company's move towards the creation of a circular economy and efforts to minimise its footprint on the environment, in line with its sustainability strategy. .... Read more »

Posted on : 11/13/2019

Alba Launches New Custom-Made Fire Truck

One of the largest aluminium producers in the world, Aluminium Bahrain (Alba), has added a state-of-the-art, custom-made fire truck to its existing fleet of emergency vehicles in order to strengthen the efficiency of response to emergencies within the plant..... Read more »

Posted on : 11/12/2019