Abu Dhabi, UAE-- Trade between the UAE and Zimbabwe touched $2 billion last year as the bilateral relations between the two countries have strengthened in recent years. According to Lovemore Mazemo, ambassador of Zimbabwe to the UAE, the trade relations between the two countries are poised to grow further. The...

Riyadh, Saudi Arabia--The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) have signed a joint-venture agreement to establish an automated vehicle manufacturing plant in Saudi Arabia. PIF will hold a 70% stake in the new joint venture with Hyundai holding the remaining 30%. Hyundai will also act as a...

Abu Dhabi, UAE-- Kazakhstan's BSG Technology is looking to expand its operations into the Middle East, and begin operations in the UAE next year. According to Serik Baimukhanbetov, Deputy Director for Business Development of BSG Technology, the company expects to launch its operations in the UAE market in 2024 and...

Iraq's prime minister inaugurated construction work on what is slated to become the first railway line connecting the country to neighboring Iran. The "Basra-Chalamja connection project" will link the major port city of Basra in southern Iraq to Iran's vast railway network through the Chalamja border crossing, a transport ministry...

AMMAN, JORDAN - Amman Chamber of Commerce (ACC) and the Iraqi Embassy here agreed to open Iraqi Trade Center at ACC's headquarters ahead the end of 2023. During his meeting with Chargé d'Affairs at Iraqi Embassy, Munif Ali Hussein, ACC Head, Khalil Haj Tawfiq, said Iraq is a "key" trade...

Tehran, Iran-- Iran will boost military cooperation with Russia as the two countries look to strengthen strategic partnership. According to the commander of the Iranian Army's Ground Force Brigadier General Kioumars Heidari, "the Iranian army is ready to boost military cooperation with Russia." Heidari made the remark in a meeting...

ADDIS ABABA, ETHIOPIA - UAE Ambassador to the Federal Democratic Republic of Ethiopia Mohammed Salem Al Rashidi said that the historical relations between the two countries have witnessed remarkable progress over the past few years. This reflects the distinguished friendship between the leaderships of the two countries, and the exchange...

Tehran, Iran-- Terming the UAE as a reliable trade partner, Iran's Foreign Minister Hossein Amir Abdollahian said bilateral between the two countries are developing in both government and private sectors. He made the remarks during a meeting with Khalifa Shaheen Al Marar, Minister of State of the UAE on Tuesday...

Rabat, Morocco-- Seeking to deepen its investments in Morocco, which stood at US$14 billion at the end of 2021, the UAE intends to widen the partnership with the kingdom over the next few years. In this regard, the two countries have agreed to double the volume of trade and investment...

ABU DHABI, UAE - Bharat Dynamics Limited (BDL), a Defense Public Sector Undertaking under India's Ministry of Defense appointed EDGE's GradeOne as an official channel partner. The handing over of the Authorization Letter occurred during the International Defense Exhibition (IDEX) held in Abu Dhabi from February 20-24. Khalifa Al Ali,...

Riyadh, Saudi Arabia--Atkins has been appointed as a delivery partner organization for what Saudi Arabia terms as "The Line" in NEOM. Atkins is one of the world’s leading design, engineering and project management consultancies and a member of the SNC-Lavalin Group A civilizational revolution that will have no roads, cars...

ABU DHABI, UAE - One of the world's biggest solar plants will become fully operational this year in the oil-rich United Arab Emirates, months before it hosts UN climate talks, a partner company said Tuesday. The UAE, a major oil exporter, is spending billions to develop enough renewable energy to cover...

Dubai, UAE--The World Economic Forum (WEF) has selected the UAE's Gender Balance Council (GBC) as a knowledge partner to advance gender balance globally. The recognition reflects the UAE Gender Balance Council’s significant achievements, guided by the UAE leadership’s vision to create an environment that empowers and enables women to succeed...

Firm to transfer it equity interest to JV partner Sollers.

The economic ties between the UAE and Egypt were strengthened this year by the signing of the Industrial Partnership for Sustainable Economic Growth, crowning a more than fifty-year long trade relationship between the two nations that has grown to $67 billion in the last twenty-two years.

Dubai, UAE: Union of Arab Banks (UAB), the apex body of the $4 trillion banking industry in the Arab World, has appointed Dubai-based CS Events, an events management company in the Middle East, as its Exclusive Strategic Partner to co-create, market and deliver its activities in the UAE and Saudi...

Erdogan's visit on Monday will be marked by a visual display on the Burj Khalifa façade, lighting up several landmarks and iconic buildings in the colors of the UAE and Turkey flags, and displaying celebratory messages on electronic panels.

The US sees Saudi Arabia as a vital partner and America is committed to the defense of the Kingdom, US Secretary of State Antony Blinken said.

DP World will also work closely with Dubai Culture to extend various kinds of support to the creative and cultural sector.

Trade between Dubai and Saudi Arabia grew 26 percent to AED30.5 billion in the first half of 2021, making the kingdom the emirate’s biggest trading partner in the Arab world.

Kajiyama Hiroshi, the economy, trade and Industry minister of Japan, said that Middle Eastern countries are important partners in creating a hydrogen-based society.

Facebook has announced that it will join hands with an online Indian lending firm to help provide loans to small domestic businesses in order to lure more businesses to advertise on its platform.

Looking to tap into its pristine cultural wealth, Saudi Arabia is planning to partner with global players, including international museums, to generate about $20 billion in revenues, and create 100,000 jobs.

The new system will speed up the refund process as customers can now submit refund claims immediately after loading vessels’ departure It will also expedite the export of all kinds of goods Dubai Customs has joined hands with DP World, UAE Region, to scale up the export of cargo load...