Abu Dhabi’s Mubadala commits to investing $2.5 billion in clean fuel in Brazil

The UAE Cabinet has approved initiatives aimed at doubling the level of national re-exports within seven years. The approvals came during a meeting of the UAE Cabinet on Tuesday, March 28..... Read more »

Posted on : 4/17/2023


Dh200 Million Manufacturing Facility Announced At Dubai Industrial City

Silver Line Gate Group (SLG) is constructing a new manufacturing, warehouse and corporate offices facility, spanning 1.37 million sqft, at Dubai Industrial City, a member of Tecom Group..... Read more »

Posted on : 4/11/2023


UAE to Double Re-Exports In 7 Years

The UAE Cabinet has approved initiatives aimed at doubling the level of national re-exports within seven years. The approvals came during a meeting of the UAE Cabinet on Tuesday, March 28..... Read more »

Posted on : 4/11/2023


Oman to Offer 1-GW Manah Solar Projects to International Investors

Oman Power and Water Procurement Company (OPWP), the sole off-taker of electricity in the Sultanate, has been authorised to award to international investors the Manah 1 and 2 solar projects with a combined capacity of 1 GW..... Read more »

Posted on : 4/10/2023


Masdar, Taaleri Cut Ribbon on 200-MW Solar Park in Jordan

Abu Dhabi Future Energy Company PJSC, better known as Masdar, and Finnish renewable energy developer Taaleri Energia Ltd have officially opened their 200-MW Baynouna Solar Park in Jordan.... Read more »

Posted on : 4/10/2023


UAE, Egypt, Bahrain & Jordan discuss manufacturing the first joint Arab electric vehicle

In a statement, Egypt's Arab Organization for Industrialisation (AOI) urged for the completion of preparatory processes as soon as possible so that the vehicle may be shown at the 28th UN Climate Change Conference (COP28) later this year in the UAE..... Read more »

Posted on : 4/7/2023


UAE's Al Ghurair Investment collaborates with Chinese automaker EXEED

Al Ghurair Investment, one of the UAE's most diversified family business families, announced today a strategic agreement with Chinese automotive manufacturer Exceed Automobile Corporation (EXEED) to launch their premium line of sports utility vehicles (SUVs) across the UAE. The collaboration intends to accelerate Al Ghurair Investment's quest of long-term excellence via innovation and technology..... Read more »

Posted on : 4/7/2023


Dewa, A Major Utility Company in Dubai, Will Invest $10 Billion in Water and Power Projects Over the Next Five Years.

According to Dubai Electricity and Water Authority (DEWA) CEO and Managing Director Saeed Mohammed Al Tayer, the utility giant will invest AED40 billion ($10.8 billion) in electricity and water projects during the following five years to meet continued growth..... Read more »

Posted on : 4/6/2023


UAE's ADNOC Gas to Start Trading In $2.5bn IPO

ADNOC Gas is the biggest flotation yet on the Abu Dhabi stock exchange, which opens at 9:30 am (0530 GMT)..... Read more »

Posted on : 4/6/2023


L&T Secures Major Oil and Gas Contracts In Saudi Arabia

The hydrocarbon unit of Indian EPC contractor Larsen & Toubro (L&T) has recently secured multiple offshore packages from Saudi Aramco..... Read more »

Posted on : 4/6/2023