The collaboration will enable the entities to tackle complex, large-scale projects with a keen focus on safety, quality, and timely delivery
Egypt received the initial $5bn payment from the UAE in its $24bn deal at Ras El Hekma peninsula west of Alexandria
Arcera plans to double its revenue within five years through strategic acquisitions and partnerships
According to reports, ENEC, owned by Abu Dhabi’s ADQ, has been holding talks to invest in the UK
Egypt’s commitment to exchange rate liberalisation combined with budgetary consolidation targets are crucial for boosting international confidence
The funding program will prioritise economic stability, investments and trade as well as migration and security
Moody’s on Thursday affirmed its CAA1 rating but changed its outlook on Egypt to positive citing significant official and bilateral support
The company is owned by Abu Dhabi wealth fund ADQ and distributes 500,000 metric tonnes of fresh fruits worldwide per year
As many as 60 per cent of Egypt’s 106 million citizens are estimated to be below or close to the poverty line
The sovereign fund may add more banks later and the final lineup of advisers may change as there is no final decision on the timing of the IPO
The central bank raised the overnight lending rate to 28.25 per cent and its overnight deposit rate to 27.25 per cent
Etihad will publish a 2023 annual report by mid-April for the first time, including details of pandemic-related government support
The airline reported a 2023 net profit of Dhs525m and a previously unreported 2022 net profit of Dhs92m
The budget carrier operated more than 15,000 flights and carried three million passengers
The venture will seek and leverage investment opportunities to generate sustainable financial returns on deployed capital
The two nations are collaborating in areas such as climate change, energy, water, and food security
The traceability feature is accessible by scanning the QR code of a Silal Fresh product through the Silal App
The new project will use advanced technology to sustainably cultivate tomatoes and cucumbers year-round in the UAE
The proposed transaction would create one of the largest real estate, hospitality, events and catering platforms in the region
Sovereign wealth funds in the GCC region continue to increase in number, size, variety and scope
The transaction is expected to close in the third quarter, subject to regulatory approvals
Veolia will lead the waste management operations, leveraging its comprehensive expertise in hazardous waste treatment chain
Ukraine presented its economic transformation strategy and invited UAE funds to participate in the development of its wealth fund
The ports operator will develop projects in the ports of East Port Said, West Port Said and Al Areesh
At full scale, the 200-hectare AgTech Park will target production volumes of over 40 kilotonnes of fresh fruits and vegetables annually
The automaker said it is pushing its strategy of modern luxury in 2023 and has started its ambitious Road to 20 programme
The new investment manager aims to launch a series of multi-asset class funds to invest in private equity, venture capital, credit and public equities
The transfer complements ADQ’s energy and utilities portfolio and its efforts in supporting the nation’s circular economy
Phoenix Group is listed on the Tel Aviv stock exchange, with a market value of $2.85bn
Aliph Capital will seek to acquire sizeable positions in privately owned mid-market companies across the GCC