RAKBANK, DP World sign pact
The aim is to offer trade finance solutions to businesses in UAE.
GSA discusses cooperation with IIHF, ISU to boost winter sports in UAE
Dubai, UAE-- The UAE's General Sports Authority (GSA) and the International Skating Union (ISU) and International Ice Hockey Federation (IIHF) have discussed opportunities for cooperation and partnership to boost winter sports, such as skating and ice hockey in the UAE.In this regard, Sheikh Suhail bin Butti Al Maktoum, Executive Director...Russia open to defense cooperation with several countries, says Putin
Moscow is open to equal defense cooperation with all nations seeking to protect their interests, Russian President Vladimir Putin said in a video address to participants in the Army-2023 forum. “Russia is open to deepening equal technological partnership and defense cooperation” with countries seeking to protect their interests and independent...Saudi Arabia, France vow to promote secure, affordable and sustainable energy
RIYADH, SAUDI ARABIA – Prince Abdulaziz bin Salman and Agnes Pannier-Runacher, Minister for Energy Transition of the French Republic met and issued a joint communiqué:The Government of the Kingdom of Saudi Arabia and the Government of the French Republic acknowledge that energy is one of the main pillars of their...UAE president and Jordan’s king renew resolve to boost ties
The talks between Sheikh Mohamed bin Zayed and King Abdullah focused on ways to ramp up cooperation across key strategic sectors, with a particular emphasis on economic partnerships, investment and development opportunities, and other key areas aimed at fostering sustainable development and prosperity in both countries.Jordan and Cyprus to deepen energy, trade, tourism ties
Amman, Jordan-- Jordan and Cyprus are looking to boost cooperation in energy, trade, industry and tourism sectors in order to deepen the overall partnership between the two countries.In this regard, King Abdullah and Cyprus President Nikos Christodoulides met on Tuesday at Al Husseiniya Palace, and discussed enhancing cooperation in various...ADNOC, Occidental partner to invest in carbon management projects in UAE, US
Abu Dhabi, UAE - ADNOC and Occidental on Tuesday signed a strategic collaboration agreement (SCA) to evaluate potential investment opportunities in carbon dioxide (CO2) capture and storage (CCS) hubs in the United Arab Emirates (UAE) and United States (US), with a view to developing a carbon management platform to accelerate...Qatar Airways, British Airways, Iberia form new joint venture
Doha, Qatar -Qatar Airways, British Airways, and Iberia have come together to form a new joint venture In a move to expand international travel options.. The partnership aims to provide seamless connectivity for global travelers through major hubs in Doha, London, and Madrid, covering over 60 countries.With the addition of...UAE and UN to boost climate action cooperation in run up to COP28
New York, US--The UAE and the UN have discussed joint cooperation and partnership on government experience exchange, global climate action and sustainable development as the UAE gears up to host COP28.In this regard, a senior UAE delegation met Selwin Charles Hart, the Special Adviser to the UN Secretary-General on Climate...Gulf economies pivot towards China: Multi-billion dollar investments strengthen relations
Economic ties between China and the Gulf region's largest economies, Saudi Arabia and the UAE, have surged since President Xi Jinping's attendance at the first Chinese-Gulf summit in Riyadh seven months ago.Turkish President Erdogan concludes economy-driven Gulf tour in UAE
The Comprehensive Economic Partnership Agreement (CEPA), signed in March, has further enhanced bilateral economic collaboration. The CEPA sets the stage for increased non-oil intra-trade, job creation, and a significant boost in UAE exports to Turkey.Tunisia and EU sign ‘strategic’ deal on economy, migration
The deal between the two countries will include partnership on irregular migration, economic development and renewable energy. Tunisia has been criticized over its treatment of migrants after President Kais Saied accused "hordes" of migrants from sub-Saharan African countries of a "plot" to change the country's demographic makeup.ROSHN inks MoU with Expro to develop real estate in Saudi Arabia
Riyadh, Saudi Arabia--ROSHN, the Saudi real estate developer, has signed a memorandum of understanding (MoU) with the Expenditure and Project Efficiency Authority, known as Expro, to develop real estate in the kingdom. The MoU looks to improve the efficiency and sustainability of the Public Investment Fund-backed giga-project, as well as boost its...Youth hold the keys to a brighter future
Pinning high hopes on the capabilities and determination of young people to achieve a better future for humanity, Pisar emphasizes the importance of dialogue and cooperation with followers of different religions and cultures during her lecture titled 'Building Peace through Cultural Rapprochement'.Iraqi president presses for closer trade and energy ties with Iran
Baghdad, Iraq-- Iraqi President Abdul Latif Rashid has emphasized the need for reinforcing partnership with Iran in the fields of trade and energy.The president made the remarks during a meeting with an Iranian delegation headed by deputy foreign minister Bagheri Kani in Baghdad.Rashid accentuated the imperative of reinforcing partnerships in...EIB to finance Jordan’s upgrade of water-supply system with US$66.52mn
Amman, Jordan--The European Investment Bank (EIB) has approved the provision of $66.52 million for Jordan to upgrade the water supply system and reduce water loss in Bani Kinanah district north of Jordan.The project is intended to improve the quality of drinking water in the targeted districts and reduce water loss...India’s Modi, Egypt’s Sisi pledge to deepen strategic partnership
Indian Prime Minister Narendra Modi met Egypt's President Abdel Fattah al-Sisi in Cairo on a rare visit during which both sides pledged to deepen their strategic partnership. They agreed to boost investment by India, the world's most populous nation, in Egypt and which is now in the grips of an...UAE and Japan discuss boosting economic, trade and industrial ties
Tokyo, Japan-- The UAE and Japan are looking to bolster economic, trade, industrial and investment ties as part of a broader strategic partnership between the two countries.In this connection, the UAE's Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan met with Yoshimasa Hayashi, Minister for Foreign Affairs of Japan, and...Saudi Arabia and UK hold discussions to boost economic partnership
London, UK-- Saudi Arabia and the UK have held discussions to boost trade and economic partnership between the two countries.The discussions were held during Saudi Arabia’s Minister of Commerce Dr. Majid Al-Qasabi visit to London, where he held a number of meetings with British ministers and leaders of major companies...UAE and Japan look to boost ‘strategic’ relations with focus on energy
Tokyo, Japan-- The UAE and Japan have discussed ways to strengthen the strategic partnership with a sharp focus on the energy ties between the two countries.The discussion was held in a meeting between the UAE Foreign Minister Sheikh Abdullah bin Zayed and Japan's Prime Minister Fumio Kishida in Tokyo, where...MoIAT, Shahin sign strategic partnership to enhance UAE’s green mobility
ABU DHABI, UAE - UAE Ministry of Industry and Advanced Technology (MoIAT) has signed a Letter of Intent (LoI) with Shahin in a move towards sustainable industrial development and promoting electric mobility.The LoI, signed at the Make it in the Emirates Forum on Wednesday, underlines the country’s commitment to decarbonization...Dubai holds trial of drone delivering medicine in public-private sector tie-up
Dubai, UAE--Dubai held the first trial of medical delivery by drones at the Dubai Silicon Oasis (DSO), in yet another unique public-private sector partnership.The completion of the trial makes Fakeeh University Hospital, an academic-focused smart healthcare facility based in DSO, the first healthcare provider in the Middle East to leverage...DP World partners with Standard Bank to expand trade finance in Africa
Dubai, UAE-- In order to fulfill demand for working capital in Africa, DP World has partnered with Standard Bank, the largest bank in Africa by assets, to offer trade finance solutions jointly with DP World Trade Finance.African companies looking for trade finance will now be able to seamlessly access working...SPC Free Zone signs contracts with publishers from Sweden, Egypt and Algeria
Sharjah, UAE--The Sharjah Publishing City Free Zone (SPC Free Zone) has signed more than 10 partnership agreements with publishers from Sweden, Egypt, and Algeria.The foreign publishers are looking to benefit from SPC Free Zone's comprehensive services and ecosystem that cater to investors in the publishing and creative industries, enabling them...MoFAIC, Burjeel Holdings ink MoU on healthcare services
ABU DHABI, UAE - UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) and Burjeel Holdings have signed a Memorandum of Understanding (MoU) regarding specialized healthcare services for MoFAIC employees and their families.The memorandum was signed by Abdullah Mohammad Al Blooki, Assistant Undersecretary for Support Services Affairs at MoFAIC and...Fertiglobe Q1 net profit $135m
The company posted Q1 revenue of US$694 million.Iraq president seeks to deepen partnership on his visit to Iran
Tehran, Iran--Accompanied by a large delegation, Iraq's President Abdul Latif Rashid arrived in Tehran to deepen economic, trade and political ties with the Islamic Republic of Iran.Upon his arrival early on Saturday, the Iraqi chief executive was welcomed by Minister of Economic Affairs and Finance of Iran Ehsan Khandozi at the...UAE and Malta sign MoUs to deepen ties in maritime, sports fields
Abu Dhabi, UAE-- The UAE and Malta have signed three memoranda of understanding in areas of maritime affairs, youth, and sports.Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, received Ian Borg, Minister for Foreign and European Affairs and Trade of the Republic of Malta.During the...New deal to transform Dubai into a Global Music City
The MoU aims to strengthen the emirate's creative economy and support entrepreneurs, individuals, and the local music and artistic production sector to achieve Dubai's cultural vision of becoming a global cultural center, an incubator for creativity, and a thriving hub for talent, she adds.Ajman, Italian-Czech Chambers discuss investment, business opportunities
AJMAN, UAE - The Ajman Chamber of Commerce and Industry’s (ACCI) discussed with the Italian-Czech Chamber of Commerce in Milan bilateral partnership that supports the directions and goals of both chambers.This came as Mohamed Ali Al Janahi, Executive Director of the Trade Development and International Relations Sector at ACCI, received...Egypt and World Bank agree US$7bn, five-year partnership
Cairo, Egypt--The World Bank has approved a new $7 billion partnership agreement with Egypt for 2023-2027 with a focus on boosting private sector jobs, provision of better health and education services, and adaptation to climate change.The Country Partnership Agreement (CPF) will entail $1 billion per year from the International Bank...Vertical farming project launched in Abu Dhabi
Abu Dhabi, UAE--ADQ has launched a vertical farming project in partnership with ZERO, a technology company based in Italy.Dubbed as the ZERO project, it is the first of several controlled environment agricultural concepts that will be housed in the AgTech Park and will aim to enhance indoor farming locally, as...SIRC buys 60% of Masab Plastic
The PIF-owned firm looks to deepen investment in recycling.UAE vows to counter money laundering and financing of terrorism
Welcoming the FATF statement recognizing the progress made in the Gulf country, the UAE has reaffirmed its commitment to advancing global efforts to safeguard the international financial system from malicious actors and perpetrators of financial crime, both at home and abroad.SEDD discusses cooperation with Matajer
SHARJAH, UAE - Sharjah Economic Development Department (SEDD) received a delegation from Matajer - one of the most important commercial shopping groups affiliated with Sharjah Holding Company - established under a partnership between Majid Al Futtaim Properties and Sharjah Asset Management.This comes within SEDD’s interest to strengthen partnerships with leading...Iraq is a key trade partner of Jordan, says Kingdom’s Commerce Chamber head
AMMAN, JORDAN - Chairman of the Jordan Chamber of Commerce (JCC), Khalil Haj Tawfiq said Iraq is an "important" trade partner and gateway for Jordan's economy. Haj Tawfiq said, "Jordan and Iraq have wide, prolific potentials, fields and grounds to build economic integration, in light of the strong brotherly relations,...King Abdullah of Jordan and US President Joe Biden to hold talks
Washington, US-- Jordan’s King Abdullah and US President Joe Biden will hold talks at the White House on Thursday, as part of the king's visit to Washington, DC.Talks will cover means to bolster the strategic partnership and ties of friendship between Jordan and the United States through expanding cooperation across...Jordan, EU sign two financing agreements worth US$69m
AMMAN, JORDAN - Confirming its role as one of Jordan’s main supporters, the European Union (EU) on Sunday signed two financing agreements with the Kingdom's Ministry of Planning and International Cooperation providing up to US$69 million (€64 million).The first agreement is financing a US$42 million (€39-million) program: "EU support to...Camel Club, ICO sign partnership to promote Saudi Camel Heritage
The Camel Club will be participating in all events organized by the ICO in the kingdom as a local and international strategic partner.UAE’s economic diversification strategy goes hand in hand with growth and expansion of its foreign trade
The UAE's keenness to open up to the world and work to stamp out obstacles to trade and investment flows translates into a consistent Emirati approach, as trade has always represented an integral part of the history and heritage of the country, he adds in an Op-Ed published by Emirates...Aldar, Diamond Developers launch sustainable city project in Abu Dhabi
The project is underpinned by a central green spine that runs the length of the community, featuring parks, lakes, and biodomes.Saudi-China relations warm up with strategic deals
A recently reached Comprehensive Strategic Partnership Agreement has further enhanced the historical friendly relations between Saudi Arabia and China.AstraZeneca partners with G42
The two will manufacture 'innovative' drugs in Abu Dhabi.Ardian, Mubadala Capital announce $2.1bn private equity partnership
New York, USA - Ardian, a world leading private investment house, and Mubadala Capital, the asset management arm of Mubadala Investment Company, today announced a new partnership that will see Ardian invest in a portfolio of high-quality private equity assets managed by Mubadala Capital, and in parallel Ardian will make...Etihad Rail and Borouge enter into strategic partnership
Abu Dhabi, UAE— Etihad Rail and Borouge have entered into a strategic partnership for sustainable transportation to carry 1.3 million tons of Borouge’s polyolefins annually from its petrochemical complex in Al Ruways Industrial City via rail for export to customers. The agreement was signed by Shadi Malak, CEO of Etihad...Jordan looks to partner with private sector to prop up economy
Amman, Jordan— The Kingdom of Jordan intends to foster a "robust partnership" with the private sector of the country that plays a key role in propping up the economy and generate jobs. According to Minister of Industry, Trade and Supply and Minister of Labor Yousef Shamali, the government is serious...ADDED joins hands with Prototype to support technology innovation
Abu Dhabi, UAE— The Abu Dhabi Department of Economic Development (ADDED) has partnered with Prototype Interactive to support inventors in developing their ideas into innovative digital and technological applications that will contribute to a sustainable economy. The Memorandum of Understanding (MoU), signed between COAD and Prototype Interactive, allows inventors to...Abu Dhabi DoH, Eversight to jointly set up UAE’s first eye, tissue bank
ABU DHABI, UAE - Abu Dhabi's Department of Health (DoH), the regulator of the healthcare sector in the Emirate, and US-based Eversight, a non-profit, partnered to establish the UAE’s first eye and tissue bank. The pact will lead to the creation, development and operation of a comprehensive and seamless eye...Aldar ties up with ADGMA to nurture local talent
Abu Dhabi— Aldar has partnered with the Abu Dhabi Global Market Academy (ADGMA) to develop a range of talent development programs for Emirati graduates amid the company’s ambitious drive to create 1,000 job opportunities for UAE nationals by 2026. Since the introduction of the NAFIS program in September 2021, Aldar...Jordan and US renew commitment to enhance strategic ties
Amman, Jordan—Jordan and the US have reviewed their strategic partnership in a meeting between King Abdullah of Jordan and Mark Takano, Chairman of the US House Committee on Veterans’ Affairs. The meeting covered the ties and the strategic partnership between Jordan and the United States, as well as means of...Leader of House of Commons urges Kuwaiti entrepreneurs to invest in UK
Kuwait City, Kuwait— Encouraging Kuwaiti entrepreneurs to make investments in the UK, Penny Mordaunt, Leader of the House of Common, said businessmen could create a new income resource in the country. Speaking to media in Kuwait, she said her discussions with the Prime Minister Sheikh Ahmad Nawaf Al-Ahmad Al-Sabah centered...



















































