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


PropTech startup from Dubai Stella Stays joins together with Tameer to expand into Egypt.

To promote its entry into the Egyptian market, the most popular economy in the Arab world, Stella Stays, a PropTech start-up with headquarters in Dubai, teamed up with Tameer, a real estate firm with headquarters in Cairo..... Read more »

Posted on : 11/15/2022


The KEZAD Group to construct a $150 million recycling complex.

Renov8 Polymer Industries Ltd. and the Khalifa Economic Zones Abu Dhabi (KEZAD) Group have inked a contract to build an innovative recycling facility at the Polymers Park of KEZAD. The construction of this plant will accelerate Abu Dhabi's shift to a linear economy..... Read more »

Posted on : 11/15/2022


To strengthen their commercial and economic ties, the UAE and Cambodia have begun the CEPA talks

The UAE and Cambodia began negotiations on a Comprehensive Economic Partnership Agreement (Cepa), as the UAE seeks to double the size of its economy and increase GDP to more than Dh3 trillion ($817 billion) by 2030..... Read more »

Posted on : 11/11/2022


Dubai's ENOC Lubricants announces a collaboration with Nigeria's QMF Energy

ENOC Group, located in Dubai, has established a cooperation with QMF Energy in Nigeria as part of its ambition to develop its worldwide marine lubricants network..... Read more »

Posted on : 11/11/2022


Falak Motors to Introduce "Made in the UAE" Electric Cars

Falak Motors, founded by Hideki Tamaki, will be the first "Made in UAE" automobile brand, constructing luxury electric cars (EVs) with parts, chassis, motors, and batteries imported from Japan, Taiwan, China, and the EU..... Read more »

Posted on : 11/11/2022


A programme to create 1,000 tech projects is unveiled by the UAE

The UAE has launched a national programme to accelerate the pace of technological transformation in its industrial and manufacturing sectors, as the Arab world's second-largest economy pursues its goal of becoming a global industrial centre by 2031.... Read more »

Posted on : 11/11/2022