UAE bets big on Ethiopia at the 2nd Ethiopia International Trade Exhibition 2019

The largest international trade exhibition on Multi-Sector Products, Equipment and Machinery in East Africa, the 2ndEthiopia International Trade Exhibition, is recognized as the biggest industry event in the region..... Read more »

Posted on : 3/15/2019

Acwa Power seals utility project gets into deals with China

Acwa Power which is based in Saudi has signed agreement with Chinese delegates, Silk Road Fund and Huawei, to lay the ground for collaboration in further investments and technological advancements of power generation and water desalination plants being developed and operated by the Saudi group..... Read more »

Posted on : 3/4/2019

Acwa consortium bags 100MW Bahrain solar plant Deal

A consortium comprising Saudi-based Acwa, Japanese contractor Mitsui & Company and Bahrain industrial conglomerate AlMoayyed has achieved a major contract for the construction and operation of a 100 MW independent solar power plant in the kingdom..... Read more »

Posted on : 3/1/2019

Dubai to pump up automotive industry

The UAE is a re-export hub for other Middle Eastern countries as well as Africa. Currently, 60 percent to 70 percent of all automotive parts that are imported, are re-exported to different countries..... Read more »

Posted on : 2/28/2019

UAE is looking to invest in refining and petrochemical projects in India

Oil-rich UAE said it is looking forward at investing more in refining and petrochemical projects as well as stocking more crude in India..... Read more »

Posted on : 2/18/2019

Oman's Raysut Cement contemplates $100m buy out of Kenyan firm

Raysut Cement Company of Oman has expressed desire in acquiring ARM Cement Ltd of Kenya as the GCC company expands in Africa. .... Read more »

Posted on : 2/15/2019

UAE real estate giant enters Ethiopia with La Gare undertaking

Eagle Hills, Abu Dhabi-based developer has made its first incursion into the Ethiopian real estate market with the launch of La Gare, the downtown of Addis Ababa, offering more than 4,000 residences..... Read more »

Posted on : 2/13/2019

UAE's Rotana to open hotel, apartments in Nairobi

UAE-based hospitality brand Rotana has closed a hotel management deal with Mullion Contractors Limited to manage a new five-star hotel and hotel apartments in Kenyan capital of Nairobi..... Read more »

Posted on : 2/12/2019

Qatar to invest 3.5 billion US dollars in the development of 140,000 housing units in Kenya

The Ambassador of the State of Qatar, Jabor Ali Al-Dosari, while making the announcement when he paid Muturi a courtesy call, said, "his government is ready to invest 3.5 billion US dollars to go towards the responsibility which is under the government's big four agenda of affordable housing." .... Read more »

Posted on : 2/8/2019

Emirates celebrated its operation to Ghana marking 15 years of service to Accra

Emirates, the victory airline has celebrated a milestone in its operation to Ghana, marking 15 years of service to Accra. The airline started operations in Ghana with three flights a week, increasing to six flights a week in March 2005. The first Emirates flight flew into Kotoka International Airport in January 2004, and the airline has since carried close to 1.6 million passengers between Accra and Dubai and its network..... Read more »

Posted on : 2/6/2019