EDB Boosts Industrial Sector Funding Five-Fold during First Half Of 2022

Emirates Development Bank (EDB), the state-owned lender focused on financing the UAE's priority sectors, boosted funding to industrial companies by 418 % during the 1st half of 2022 to drive the sector's growth..... Read more »

Posted on : 8/11/2022


UAE to Set up Industry 4.0 Enablement Centre

The UAE Ministry of Industry and Advanced Technology (MoIAT) and EDGE have signed a MoU to establish the UAE’s 1st Industry 4.0 Enablement Centre..... Read more »

Posted on : 8/11/2022


Africa imports from UAE are on the rise, DCCI predicts positive growth

Africa imports from UAE are on the rise, DCCI predicts positive growth.... Read more »

Posted on : 8/9/2022


UAE fund announces Sh3.5 billion in Kenyan investment

UAE fund announces Sh3.5 billion in Kenyan investment.... Read more »

Posted on : 8/9/2022


Adani Ports signed an agreement with the AD Ports Group of the UAE for the country's efforts in investments in Tanzania

Adani Ports signed an agreement with the AD Ports Group of the UAE for the country's efforts in investments in Tanzania.... Read more »

Posted on : 8/8/2022


EWEC Issues RfQ for 1.5 GW Solar Project in Abu Dhabi

UAE utility Emirates Water and Electricity Company (EWEC) has launched the Request for Qualifications (RfQ) for the development of a 1.5 GW solar project in Abu Dhabi..... Read more »

Posted on : 8/8/2022


Masdar, EDF to Establish 8.2-MW Solar Plant on Seaworld Abu Dhabi's Roofs

Emerge, created by the 2 power majors to work with solar projects in the UAE and Saudi Arabia, has actually been acquired to design, construct, operate and preserve roof solar systems at the marine-life mega-development on Yas Island..... Read more »

Posted on : 8/8/2022


UAE-based META4 to invest Rs 250 Cr in India for EV 2 wheeler plant

META4, located in the United Arab Emirates, has announced a Rs 250 crore investment in Telangana to establish an electric two-wheeler manufacturing unit..... Read more »

Posted on : 8/8/2022


Emirates Transport signs MoU with NEV Investment to set up New Energy Vehicle Project

Emirates Transport, located in Dubai, has inked a deal with China's NEV Investment to form a joint venture business responsible for the development, building, marketing, operation, and administration of the UAE's New Energy Vehicle Project..... Read more »

Posted on : 8/8/2022


Saudi Oil Production Capacity at Highest Levels in Over 2 Years

State-owned National Oil Corp. of Kenya has signed a deal with Saudi oil giant Aramco to import fuel at lower prices than the global costs of crude, local media reported..... Read more »

Posted on : 8/2/2022