Middle East And Africa's Smart Cities Market Will Double From $1.3 Billion In 2018 To $2.7 Billion By 2022

Boosted by the UAE, professional services firm KPMG shows the MEA Smart Cities market will double from $1.3 billion in 2018 to $2.7 billion by 2022. Savitha Bhaskar, the COO, at the UAE-based IT infrastructure and information management consultancy and solutions provider Condo Protego, said “the Middle East and Africa’s doubling Smart Cities market underlines how governments are finding the right use cases, funding, and technologies to move Smart City projects into deployment and seeing tangible results.” .... Read more »

Posted on : 11/4/2019

Faster Growth over Solar Projects in Middle East

Solar power pursues to make inroads in the Middle East and North Africa (MENA), and other parts of the Persian Gulf region. The Middle East Solar Industry Association (MESIA) in late September said it foresees at least $15 billion of solar power projects will enter operation in the region in the next five years..... Read more »

Posted on : 11/2/2019

India's Downstream Projects Receives Huge Investments from Saudi Arabia

India and Saudi Arabia are moving from a purely buyer-seller relationship towards a closer strategic partnership that includes big investment in downstream oil and gas projects in India, said Prime Minister Narendra Modi..... Read more »

Posted on : 10/30/2019

UAE - Global Food Technology Challenge Will Help To Achieve Sustainable Food Production

Sustainable food production in the Emirates has been a major focus over recent years as the country seeks to lessen its reliance on imports. The UAE currently brings in about 90 per cent of its food requirements, although practices such as vertical farming and hydroponics are reducing this dependence. The Ruler of Dubai has announced a $1 million (Dh3.8m) prize fund for innovative solutions to food production in the UAE..... Read more »

Posted on : 10/15/2019

Dubai Aims To Become One Of The Top Coffee Centers In The World

DMCC earlier this year inaugurated Coffee Centre, a 7,500 square meter temperature-controlled facility with warehouses and logistical support to boost coffee trade in the region..... Read more »

Posted on : 10/15/2019

$330m Wind Farm Launched By Masdar Consortium in Serbia

Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies,the company has inaugurated Cibuk 1, the largest utility-scale commercial wind project in Serbia and the Western Balkans..... Read more »

Posted on : 10/14/2019

Uae's Largest Ground-Mounted Private Solar Plant Inaugurated By Nestlé

The UAE's largest ground-mounted private solar plant inaugurated at Nestlé Middle East's Al Maha factory in Dubai..... Read more »

Posted on : 10/8/2019

Non-Oil Foreign Trade Hits $33bn: Abu Dhabi

The value of non-oil foreign merchandise trade through Abu Dhabi ports stood at Dh121.5 billion ($33 billion) at the end of the first seven months of 2019..... Read more »

Posted on : 10/8/2019

Sipchem Inks Partnership Deal With Hoyer Middle East

An integrated global leader in the petrochemical sector, Sahara International Petrochemical Company (Sipchem) and a company listed on the Saudi Stock Exchange, signed a Letter of Intent (LOI) with Hoyer Middle East to further enhance the reach of its chemical products..... Read more »

Posted on : 10/8/2019

Huge Demand For 3D Printing - UAE

The name and logo of makerspace Sharjah Open Innovation Lab, the first incubator for startups and innovation in Sharjah, was also unveiled during the event, with attendees including Abdulla Alsaleh, undersecretary for foreign trade at the UAE's Ministry of Economy; assistant undersecretary for the industry sector at Ministry of Economy, Abdallah Al Shamsi; chairman of Sharjah Investment and Development Authority (Shurooq), Marwan bin Jassim Al Sarkal; and experts and specialists from the public and private sectors. .... Read more »

Posted on : 10/4/2019