Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

UAE and Egypt to boost investment and cooperation

The two countries also mulled over cooperation in energy sector
  • This includes traditional and renewable energy, advanced industries, infrastructure, tourism, agriculture
  • The two discussed on wind and solar energy, and finding opportunities for sustainable joint investments

UAE’s Minister of Industry and Advanced Technology Sultan bin Ahmed Al Jaber reviewed bilateral relations with Mostafa Madbouly, Prime Minister of Egypt.

The two discussed investment opportunities and joint cooperation in areas that would further strengthen their relations.

This includes traditional and renewable energy, advanced industries, infrastructure, tourism, agriculture, and other promising areas.

It would contribute to achieving sustainable economic growth, said Al Jaber.

Al Jaber also discussed business progress and the latest developments of the joint strategic investment fund with Hala Elsaid, Egypt’s Minister of Planning and Economic Development.

Lastly, he met with Mohamed Shaker, Minister of Electricity and Renewable Energy, to review opportunities for cooperation in the field of energy and renewable energy.

The meeting also covered discussions on wind and solar energy, and finding opportunities for sustainable joint investments.