UAE's ADNOC Gas to Raise $2.5bn in World - Leading IPO

The UAE's state oil giant ADNOC said it will raise about $2.5 billion in a flotation of its gas business the world's biggest IPO this year -- as it announced final pricing on 24th February..... Read more »

Posted on : 3/9/2023

Eni Agrees Deal with UAE's ADNOC as Italy Rebuilds Relationship

• Italy in 2021 halted the sale of thousands of missiles to Saudi Arabia and the UAE • The UAE in turn asked Italy to vacate a military base in the Gulf.... Read more »

Posted on : 3/9/2023

South Korean automaker SsangYong signs an export deal with a UAE firm

SsangYong Motor Co., a South Korean SUV manufacturer, recently announced that it has secured an agreement to export 7,000 vehicles to a firm in the United Arab Emirates this year..... Read more »

Posted on : 3/8/2023

Al Tayer Motors inaugurates first Ford trucks facility at Dubai Investments Park

Al Tayer Motors, the official Ford Trucks importer-dealer in the UAE, established the brand's first 3S - Sales, Service, and Spare Parts - facility at Dubai Investments Park, in the heart of the city's transportation and logistics centre..... Read more »

Posted on : 3/8/2023

Saudi Arabia Receives Additional Bids for Its Nuclear Power Project

The nuclear power project is expected to increase the Kingdom’s energy security and also widen its energy mix to support sustainability goals.... Read more »

Posted on : 3/8/2023

ACWA Power Plans 2.5 GW of Onshore, Offshore Wind in Azerbaijan

Saudi Arabia's ACWA Power on 2nd March announced the signing of 4 clean energy agreements with Azerbaijan’s Ministry of Energy and State Oil Company of Azerbaijan Republic (SOCAR).... Read more »

Posted on : 3/8/2023

UAE Firms Troop into Tanzania after President Samia's Visit

Two more United Arab Emirates companies have made in-roads into Tanzania, following President Samia Suluhu’s trip to the Gulf country last year to seek business..... Read more »

Posted on : 3/7/2023

UAE Explores Trade Opportunities with Spain, Tanzania

Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, held a meeting with Xiana Mendez, Secretary of State for Trade at the Spanish Ministry of Industry, Trade and Tourism to explore the strengthening of trade and economic cooperation. Emphasising the historic relations shared by the UAE and Spain, Al Zeyoudi pointed out that both leaderships remain equally keen to enhance existing cooperation to support their respective economic development visions..... Read more »

Posted on : 3/7/2023

The Healthcare Revolution in Dubai is Fueled by Artificial Intelligence

Dubai is quickly gaining recognition as a hub for healthcare technology that uses artificial intelligence (AI). Everywhere in the world, AI is transforming the medical industry, and Dubai is at the forefront of this development, demonstrating its status as a true global hub for healthcare..... Read more »

Posted on : 3/6/2023

UAE Launches Initiative on Sustainable Agricultural Practices

After the success of the first phase of the Greenhouse Accelerator Program, a project promoting environmentally friendly agricultural methods introduced in the UAE..... Read more »

Posted on : 3/3/2023