G42 of Abu Dhabi and AstraZeneca collaborate to produce pharmaceuticals in the United Arab Emirates.

G42 Healthcare, a division of Abu Dhabi technology firm Group 42, and the UK's AstraZeneca have agreed to produce pharmaceutical goods in the emirate, establishing the capital of the United Arab Emirates as a "powerhouse" in global medical research. .... Read more »

Posted on : 12/30/2022

Hydroelectric Power Plant in Hatta Is 58% Complete: DEWA

The power plant will have a production capacity of 250 MW, a storage capacity of 1,500 Mwh, and a life span of up to 80 years once completed..... Read more »

Posted on : 12/30/2022

UAE's AMEA Power Secures Funding for Renewable Energy Projects in Egypt

Dubai-based AMEA Power said it has secured funding to develop a solar plant and a wind farm in Egypt..... Read more »

Posted on : 12/30/2022

AFDB to Back AMEA Power's 100-MW Solar Project in Tunisia

The African Development Bank Group (AfDB) will provide a loan package of US$ 37 million (EUR 34.79m) to co-finance the construction of a 100 MW solar park in Tunisia..... Read more »

Posted on : 12/28/2022

Masdar to Build 120-MW Solar Park in Yemen

Abu Dhabi-based renewables major Masdar has signed an agreement with Yemen's Ministry of Energy.... Read more »

Posted on : 12/28/2022

Saudi Top Trading Co. To Construct a $27 million Factory At The Petro Rabigh Plastics Plant.

After signing a memorandum of understanding with Rabigh Refining and Petrochemical Co., better known as Petro Rabigh, Saudi Top Trading Co. announced plans to construct a new SR100 million ($26.59 million) plastics factory in the Rabigh Plastics Technology Complex..... Read more »

Posted on : 12/28/2022

Dubai Commodities Centre Opens Coffee And Tea Showroom

The Dubai Multi Items Centre (DMCC) is intensifying a push to extend its part in the worldwide exchange of espresso and tea..... Read more »

Posted on : 12/22/2022

Focus of India, UAE Talks: Energy, Food; Rupee-Dirham Trade

The clergymen noticed that reciprocal exchange has shown considerable development under the Extensive Financial Association Arrangement (CEPA), which came into force on May 1. India's products to the UAE from April-September expanded 24% year-to-year to $16 billion while India's imports expanded 38% year-on-year to $28.4 billion..... Read more »

Posted on : 12/22/2022

The GCC continues to acknowledge the investment possibilities in Africa

The GCC continues to acknowledge the investment possibilities in Africa.... Read more »

Posted on : 12/14/2022

UAE Plans Global Energy Push with $150 Billion of Spending

• Adnoc to IPO part of natural gas business in Abu Dhabi in 2023 • Company to look at international deals for gas and chemicals.... Read more »

Posted on : 12/8/2022