RIYADH, SAUDI ARABIA - The Saudi Authority for Industrial Cities and Technology Zones (MODON) has attracted new investments worth US$34...
AMMAN, JORDAN - The Chairman of the Amman Chamber of Commerce Khalil Haj Tawfiq has called on Jordanian and Tunisian...
ADQ has entered into a definitive agreement to acquire the remaining 20 percent equity stake of The National Health Insurance...Since 2006, Daman has grown to become the nation’s largest health insurance provider
As a partner to ADQ, Munich Re will continue to be Daman’s reinsurer
A consortium of companies has signed a 20-year deal with the Egyptian Electricity Transmission Company (EETC) to develop, construct and...The Nasdaq Dubai and Egypt stock exchange listed company did not disclose a value for the project
The project is subject to financial close, after which the wind farm will be implemented in 30 months
- HSBC UAE has managed to secure the first green deposit from Saudi British Bank (SABB) through its new program dedicated...
The deposit will be used solely to finance green initiatives
HSBC launched in June its Green Deposits offering for commercial and institutional clients in the UAE
Mubadala Capital, the financial investment arm of Abu Dhabi’s sovereign investor Mubadala, has acquired one of the largest Taco Bell...Mubadala Capital bought K-Mac Holdings Corp from Lee Equity Partners Opportunities Fund
Mubadala Capital has invested about $1.8 billion in the F&B sector in the past seven years
The Middle East’s real estate sector may benefit from the return of global population movement to pre-pandemic levels in 2024.Improvement in global migration has pushed the real estate sector to “new heights”
This also comes as governments in the regions have gradually lifted pandemic-related restrictions on consumer activities
Sukuk momentum is expected to continue over the medium term supported by intact investor appetite, funding diversification and refinancing needs,...Sukuks amounting to $57.3 billion were issued in the GCC region, Malaysia, Indonesia, Turkey and Pakistan in the third quarter of 2021.
Global outstanding sukuk reached $775.4 billion in the third quarter, 2.8 percent higher than the previous quarter.
The MoU was signed on the sidelines of the Expo 2020 Dubai in the presence of President Macky Sall of...For the UAE, the MoU signatory was Abdullah Mohamed Al Mazrouei, Chairman of the Federation of UAE Chambers of Commerce and Industry
For the African country, it was Aba Traore and Elimane LAM on behalf of the Consortium of Employer’s Unions of Senegal
Africa offers significant potential for investment and economic partnerships that can create mutual benefits for UAE businesses and their African...Africa offers significant potential for investment and economic partnerships, Sultan Bin Sulayem said at Global Business Forum Africa.
Dubai keen to transfer its experience to help develop business in Africa, Bin Sulayem said.
DSOA — a wholly-owned government free zone — is expected to launch the program at GITEX Future Stars 2021.DSOA — a wholly-owned government free zone — is expected to launch the program at GITEX Future Stars 2021
The tech-focused startup event will run from October 17 to 20 at the Dubai World Trade Center
The new project, named SalalaH2, will target the production of up to 1,000 tons per day of green ammonia.An international consortium has signed an agreement to develop a green hydrogen and green ammonia project at the Salalah Free Zone in Oman
The consortium consists of the alternative energy business unit of Oman’s national petroleum investment company OQ, Marubeni Corporation, Linde, and Dutco
