Hisense Reveals Its Middle East and Africa Strategic Growth Plans.

"Hisense is dedicated to improving the lives of its customers by providing cutting-edge technology and high-tech innovation to homes across the Middle East and Africa. Our expansion in this area is evidence of our dedication, and we can't wait to build on this accomplishment going forward," Hisense Group Chairman Jia Shaoqian stated..... Read more »

Posted on : 7/22/2024


New Venture Launched to Develop Affordable Healthcare Solutions in the MENA Region

A joint venture framework agreement was signed by Burjeel Holdings PLC, an ADX-listed super-specialty healthcare services provider, and Keralty S.A.S, a worldwide health organization with headquarters in Colombia, to establish a joint venture called Al Kalma..... Read more »

Posted on : 7/22/2024


Elumelu Encourages Innovative Solutions for Global Healthcare Improvement

In order to promote changes on a global scale, Mr. Tony Elumelu, Chairman of United Bank for Africa Plc, has advocated for a greater emphasis on capital allocation and investments in innovation..... Read more »

Posted on : 7/22/2024


GCC-Africa trade relations poised for significant enhancement

A study shows that bilateral trade between the GCC (The Gulf Cooperation Council ) and Africa grew at an eight percent CAGR over the past decade, reaching $154 billion in 2022. The GCC outpaced the US and India, while closing the gap with China and Western Europe. Oil and gas dominate GCC exports to Africa, with mining as a key import. Diversified investments from the GCC, exceeding $100 billion in the last decade, are expanding trade beyond traditional sectors. The UAE is notably active in transport infrastructure and ICT investments..... Read more »

Posted on : 7/10/2024


Vertiv Introduces New Direct Expansion Cooling Unit To Reduce Carbon Footprint

Vertiv, an international supplier of critical digital infrastructure and continuity solutions, has launched the highly efficient Vertiv™ LiebertĀ® PDX-PAM direct expansion perimeter units with low global warming potential (GWP) and non-flammable R513A refrigerant. The system, which is currently available in Europe, the Middle East and Africa (EMEA), is designed to use an environmentally friendly refrigerant, allowing for enhanced efficiency, dependability and maximum installation flexibility..... Read more »

Posted on : 7/5/2024


Signify and Gila Al Tawakol Electric Join Together to Launch Regional Manufacturing Centre In Egypt With Investments Of $100 Million

Signify (previously Philips Lighting), the worldwide lighting industry leader, has formed a strategic cooperation with Gila Al Tawakol Electric, a manufacturer and distributor of high-quality electrical goods, according to Invest-Gate..... Read more »

Posted on : 7/4/2024


The UAE's SEWA Opens a New Kalba Power Station That Will Enhance Energy Services in the Country

The Kalba Commercial Power Transmission Station has officially opened for business, according to a statement from the Sharjah Electricity, Water, and Gas Authority (SEWA). This program is an aspect of the Authority's continuous efforts to improve power distribution and transmission networks throughout Sharjah, offering the greatest services to the residents. The station was built for 55 million dirhams in total, and all testing and commissioning procedures were completed successfully..... Read more »

Posted on : 6/25/2024


UAE Expands Renewable Energy Cooperation with Czech Republic

The Joint Economic Committee (JEC) held its successful inaugural session in Prague, marking the start of a new chapter in economic cooperation between the Czech Republic and the United Arab Emirates. The goal of the meeting was to strengthen bilateral relations in a variety of fields. It was chaired by H.E. Jozef Sikela, Minister of Industry and Trade of the Czech Republic, and H.E. Abdulla bin Touq Al Marri, Minister of Economy of the United Arab Emirates..... Read more »

Posted on : 6/25/2024


Tanzanian Water Projects And Networks Benefit Millions Of People

An additional million people will benefit from Tanzania's water infrastructure and networks, expanding Suqia UAE's project..... Read more »

Posted on : 6/25/2024


In The 6th Phase of Mohammed Bin Rashid Al Maktoum Solar Park, Dubai Will Install 1,800MW

HE The Mohammed bin Rashid Al Maktoum Solar Park's 1,800MW sixth phase was reviewed for progress by Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA). Approximately 540,000 homes will receive renewable energy during this phase, which is based on the Independent Power Producer (IPP) model. Investments up to AED 5.5 billion will be made, resulting in an annual reduction of 2.36 million tons of carbon emissions. The sixth phase, which covers an area of 20 square kilometers, has the lowest Levelized Cost of Energy (LCOE), coming in at US$1.6215 cents per kilowatt hour (kWh)..... Read more »

Posted on : 6/24/2024