The two firms will explore opportunities in various areas.

ESA will consolidate operations under a single ERP solution

EGA is to buy 100 percent of firm from Leichtmetall Holding.

ABU DHABI, UAE – The United Arab Emirates and Hungary have signed an economic cooperation agreement aimed at stimulating trade and investment between the two nations.   The agreement was signed in the Hungarian capital Budapest by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and...

BERLIN, GERMANY – Saudi Tourism Authority (STA) and Trip.com Group have announced a significant global partnership, which will drive greater inbound tourists to Saudi Arabia as part of its Vision 2030 program. The joint effort aims to bring over 350 thousand additional tourists to Saudi over the course of the...

Tehran, Iran-- Iran and Russia have agreed to sign new contracts on developing oil and gas fields, according to the oil ministers of the two countries. Iranian Oil Minister Javad Owji held talks with Nikolay Shulginov, the Minister of Energy of Russia, on the sidelines of the GECF Summit in Algeria...

The duration of each contract is of 22 months.

MoUs with BFB, Partior were inked during Web Summit 2024.

The two firms have signed a $1 billion private credit deal.

ABU DHABI, UAE – Khalifa Economic Zones Abu Dhabi (KEZAD Group) and Al Ghurair Group subsidiary Automotive Precision Technology (APT) on Monday announced the signing of a lease agreement for an automotive aluminum component manufacturing facility. The 30,000 square meters advanced manufacturing facility for APT in KEZAD will be strategically...

The agreement provide for a rise in condensate volumes.

DUBAI, UAE - The Roads and Transport Authority (RTA) of the Emirate has entered into a strategic partnership with ‘Shamal Holding,’ to undertake the construction of a two-lane bridge in each direction spanning 1500 meters. The bridge extends from Sheikh Zayed Road to Dubai Harbor, an exceptional seafront district that...

The pact deals with bulk and general cargo terminal.

ABU DHABI, UAE  - The Ministry of Investment of the UAE and the Ministry of Digital Governance of the Hellenic Republic have signed a Memorandum of Understanding (MoU) to create a framework for investments in digital infrastructure with a focus on data center projects in Greece. The agreement was signed...

ABU DHABI, UAE - Abu Dhabi University (ADU) has signed a Memorandum of Understanding with the Italy-Czech Republic Chamber of Commerce (CCIRC) to elevate research efforts in academia. The MoU - signed by Dr. Hamad Odhabi, Vice Chancellor of Financial and Administration Affairs at ADU, and Antonio Rotondo, Chairman of...

The aim is to develop EV charging facility in the UAE.

Turkish Airlines will take on lease 10 Boeing 737-8 aircraft.

The Noqodi platform will enable digital payments.

RIYADH, SAUDI ARABIA - The Ministry of Environment, Water and Agriculture witnessed the signing of a memorandum of understanding (MoU) between Al Jouf Agricultural Development Company (JADCO) and E Green Global (EGG) of the Republic of Korea. The agreement involves the transfer and localization of potato seed production techniques in...

RIYADH, SAUDI ARABIA - ASFAR, the Saudi tourism investment company wholly owned by the Public Investment Fund of Saudi Arabia, and the Municipality of Al-Ahsa signed an Memorandum of Understanding (MoU). The MoU aims to develop a major tourism attraction in the Eastern Province of the Kingdom of Saudi Arabia,...

RIYADH, SAUDI ARABIA – The Kingdom and the People’s Republic of China signed on Monday in Beijing a memorandum of understanding for cooperation in the field of accounting, auditing and professional work. The agreement was signed by General Court of Audit (GCA) President Dr. Hussam Al-Angari and Auditor General of...

RIYADH, SAUDI ARABIA – The Ministry of Industry and Mineral Resources has signed four Memorandums of Understanding (MoUs) with the Democratic Republic of Congo (DRC), Egypt, Morocco, and Russia. One of the aims of these MoUs is to foster international cooperation in minerals between Saudi Arabia and these countries. According...

RIYADH, SAUDI ARABIA - The Saudi Electricity Company (SEC) and its subsidiary National Electricity Transmission (NET) have signed here two agreements with Emaar, The Economic City (EEC) which is the main developer of King Abdullah Economic City (KAEC). The agreement was signed in the presence of Saudi Arabia Minister of...

MUSCAT, OMAN - As part of its ongoing efforts to support the Islamic banking industry, ahli Islamic signed a Memorandum of Understanding (MoU) with the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). The primary goal is to reinforce collaboration in capacity building within ahli Islamic and foster the...

Aim is to expand Dragon Oil’s investments in Turkmenistan.

The aim is to redefine outdoor media advertising in Abu Dhabi.

The collaboration will involve efforts from both parties.

DUBAI, UAE - The Telecommunications and Digital Government Regulatory Authority (TDRA) has signed a Memorandum of Understanding (MoU) with the Dubai Maritime Authority of Dubai Ports, Customs and Free Zone Corporation (PCFC). This partnership marks a significant stride in improving the regulatory framework for maritime business operations to enhance efficiency...

MAKKAH, SAUDI ARABIA - The Makkah Chamber of Commerce and Industry and the Chamber of Commerce, Industry, and Services of Beni Mellal Khenifra in Morocco signed a partnership agreement to strengthen economic and commercial cooperation. The agreement was signed on Sunday in the presence of the Assistant Consul General at...

ASTANA, KAZAKHSTAN – UAE and the Republic of Kazakhstan signed an agreement to enhance bilateral cooperation in the combating of financial crimes. UAE’s Executive Office of Anti-Money Laundering and Counter Terrorism Financing (EO AML/CTF) and the Financial Monitoring Agency of Kazakhstan (FMA) have formally inked a Memorandum of Understanding (MoU)....

The two firms will seek to unlock investment opportunities.

Both the firms will offer their expertise in the sector.

The firms will collaborate on nuclear energy technologies.

DOHA, QATAR – Sidra Medicine and GlobeMed Qatar have signed an agreement to offer eligible insured members of payers contracted with GlobeMed Qatar access to Sidra Medicine’s women’s and pediatric medical services. Sidra Medicine is a Qatar Foundation entity and GlobeMed Qatar is a leading healthcare benefits management company in...

DUBAI, UAE -  Dubai Municipality and Dubai Electricity and Water Authority (DEWA) have signed an agreement on the sides of the UN Climate Conference (COP 28) to cooperate in a project to generate electricity from biogases extracted from the landfill in Muhaisnah 5. The signing supports Dubai’s leading sustainability practices...

The pact will benefit customers of both the airlines.

RIYADH, SAUDI ARABIA – The Kingdom's Minister of Environment, Water and Agriculture Eng. Abdurrahman bin Abdul Mohsen Al-Fadhli signed a memorandum of understanding (MoU) with the Turkish Minister of Agriculture and Forestry İbrahim Yumaklı. The MoU aims to strengthen cooperation and enhance production capabilities in the domains of agriculture, livestock...

The move will ensure a secure supply of nuclear fuel.

The two companies will jointly develop Doha Port.

ABU DHABI, UAE - Emirates Development Bank (EDB) has committed US$350 million (AED 1.3 billion) to support the Energy Transition Accelerator Financing (ETAF) platform to accelerate the financing and drive funding of renewable energy projects in developing countries. The ETAF platform is a global climate finance facility established by the International...

The pact sets up a framework for knowledge, data sharing

The pact will help in creating job opportunities in the UAE.

DUBAI, UAE – Tawazun Council announced the signing of 11 deals, worth US$1.8 billion (AED 6.9 billion), with local and international companies on the second day of the Dubai Airshow 2023. Tawazun Council is an independent government entity that works closely with the Ministry of Defense and security agencies to...

The MoU will enable UAE-based firm to enter Angolan market.

SHARJAH, UAE - Hamriyah Freezone Authority (HFZA) and Amazon UAE have signed a lease agreement for a new logistics center which will enhance delivery services for customers in the Northern Emirates. In line with HFZA's vision to bolster economic growth and innovation in the region, the agreement supports Amazon UAE’s...

The two will collaborate in green, sustainable technologies.

The pact aims at establishing advanced digital solutions.

RIYADH, SAUDI ARABIA – A total of 52 memorandums of understanding (MoUs) were signed at the Saudi-Korean Investment Forum here. The MoUs were signed by both government and private entities. Government agencies signed four MoUs with the private sector in areas such as real estate development, automotive, and water. President...

MoU to enhance digital solutions for efficiency.

DP World will operate Dar Es Salaam Port in Tanzania.