US$1.55 billion invested by AAAID in ongoing projects in the UAE: Mohammed Al-Mazrooi

The value of the authority's current investments in projects in the United Arab Emirates is estimated to be US$1.55 billion, according to Mohamed bin Obaid Al Mazrooei, President and Chairman of the Arab Authority for Agricultural Investment and Development (AAAID), who also praised the success of the smart projects put forth in the country's agricultural and food industry sectors..... Read more »

Posted on : 12/2/2022

UAE, US to invest $8 billion in preparing agriculture for climate change

To help the agricultural industry adapt to climate change, a joint UAE-US fund has been quadrupled to $8 billion.... Read more »

Posted on : 12/2/2022

UAE and Russia examine measures to strengthen medical collaboration

The Ministry of Health and Prevention (MoHAP) and the Russian Ministry of Industry and Trade have discussed ways to increase cooperation, exchange medical knowledge, and expand partnerships in the pharmaceutical industry in order to improve the effectiveness of the pharmaceutical system in the UAE and persuade more Russian businesses to move some of their production lines to the UAE..... Read more »

Posted on : 12/2/2022

New partnership to advance Dubai's healthcare goals.

The University of Birmingham and Dubai Academic Health Corporation (DAHC) have teamed up to look into possible research and educational partnerships that would support the strategic healthcare goal of the emirate..... Read more »

Posted on : 12/2/2022

Masdar to Participate In 3.3-GW Saudi Renewables Tender

Masdar will take part in an auction in Saudi Arabia that seeks to award 1.8 GW of wind energy and 1.5 GW of solar projects..... Read more »

Posted on : 11/29/2022

Ernst & Young Employed As Consultant for 6th Phase of Dubai's 5-GW Solar Project

The Dubai Electricity and Water Authority (DEWA) claimed that it has chosen a consortium of firms led by Ernst & Young (EY Consulting) to supply working as a consultant services for the 900-MW 6th phase of the emirate's Mohammed bin Rashid Al Maktoum Solar Park..... Read more »

Posted on : 11/29/2022

Oman May Join ACWA Power's 1.1-GW Wind Project in Egypt

Oman Investment Authority (OIA) is considering joining Saudi Arabia's ACWA Power as a co-investor in the 1.1 GW Suez Wind Energy project in Egypt..... Read more »

Posted on : 11/28/2022

Masdar, Partners Plan 10-GW Onshore Wind Project in Egypt

UAE's renewables major Masdar, its joint venture Infinity Power and Cairo-based partner Hassan Allam Utilities are planning to develop a 10 GW wind complex in Egypt..... Read more »

Posted on : 11/28/2022

UAE signs agreements for local production of medical equipment worth Dh260 million

Major pharmaceutical and medical device businesses in the UAE have signed two memorandums of understanding (MoU) worth a combined Dh260 million ($70.8 million), according to the Ministry of Industry and Advanced Technology (MoIAT)..... Read more »

Posted on : 11/16/2022

In the next two to three years, the UAE anticipates trade with India to surpass USD 100 billion

The United Arab Emirates (UAE), encouraged by the comprehensive economic cooperation deal, anticipates that within two to three years, trade with India would surpass the USD 100 billion level..... Read more »

Posted on : 11/15/2022