Abu Dhabi’s IHC acquires 50% of Turkish renewable energy firm
UAE's sovereign wealth funds has acquired 50 percent of a Turkish renewable energy company for Dh1.8 billion ($490…
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UAE
UAE national banks’ assets reach $823 billion in May
UAE national banks’ assets rose 4 percent to $823 billion in Jan-May 2022, according to latest statistics released…
UAE’s ADNOC obtains $425m in H1 profits fueled by higher fuel demand
UAE’s ADNOC Distribution announced on Monday its net profit 1.56 billion dirhams ($425 million) for the first half…
Egypt’s c.bank reiterates cryptocurrency trade ban after CoinMENA unveils expansion
CoinMENA has announced on Wednesday that it added citizens of Egypt from its base in Bahrain, while sources from…
Egypt, UAE, Jordan industrial partnership committee study 12 projects of $3.4 billion
The Higher Committee for the Integrated Industrial Partnership in Cairo reviews 87 projects in various sectors,…
Alpha Dhabi raises stake in Aldar to become Abu Dhabi developer’s parent company
Alpha Dhabi Holding has raised on Wednesday its stake in Aldar Properties to become the parent company of the…
UAE’s Dana Gas in talks with Egypt to extend its right on Block 6 concession
Dana Gas - based in UAE is in talks with the Egyptian government seeking to extend its right on the Block 6 North…
UAE’s ADQ to sign $10 billion for investments in partnership with Egypt, Jordan
UAE’s Abu Dhabi state holding firm ADQ will sign on Sunday agreement of allocation an investment fund reaches $10…
UAE House of Experience set to launch Digital Mall in Egypt at end-February
The UAE House of Experience said on Sunday it is planning to launch the Digital Mall in Egypt by the end of next…
UAE’s investments in Egypt exceed $7bln, minister
The United Arab Emirates (UAE) investments in Egypt exceed $7bn in different projects, with additional $7bn worth…