#agreement

Agreement

UAE, Israel sign comprehensive economic partnership agreement

The agreement will support service sectors such as hospitality, financial services, distribution and construction

ACWA Power

ACWA Power, OQ, and Air Products sign agreement to build green hydrogen-based ammonia facility in Oman

The facility would be powered by renewable energy and produce green energy products

Emirates

ATM 2022: Dubai’s Emirates signs MoC with Malaysia Tourism Board

Emirates will develop initiatives to boost tourism to the Southeast Asian country, promoting it across its global network

Twitter, Musk deal includes $1bn termination agreement

The billionaire entrepreneur is taking the 16-year-old company private for $54.20 a share

TA’ZIZ, Reliance Industries Limited

UAE’s Ta’ziz, Reliance sign agreement for Ruwais chemicals project

These chemicals will be produced in the UAE for the first time creating new revenue streams and opportunities for local manufacturers

Emirates

Dubai’s Emirates signs new distribution agreement with Amadeus

The agreement offers travel agents on Amadeus access to surcharge-free Emirates content

Dubai’s DAFZA, Export Bahrain sign agreement

The MoU seeks to encourage companies across the two countries to expand joint trade relations and enhance cooperation

Abu Dhabi’s Masdar signs agreement to develop solar projects in Iraq

Iraq is aiming to increase the percentage of renewables to 20-25 per cent in its power production capacity by the end of the decade

Israeli Foreign Minister to open new Bahrain embassy on Thursday

Bahrain’s first ambassador to Israel, Khaled Yousif Al-Jalahma, took up his new post in Tel Aviv earlier this month

Saudi Aramco makes second highest profit on surging oil prices

Saudi Aramco, Air Products, ACWA Power, and Air Products Qudra sign agreements for $12bn JV in Jazan

The consortium is expected to increase job opportunities

OPEC+ resolves deadlock, agrees on deal to boost oil output from August

The agreement means the cartel will boost output by 400,000 barrels a day each month from August

Sheikh Abdullah bin Zayed meets Israeli foreign minister in UAE

Sheikh Abdullah and Yair Lapid signed an agreement for economic and commercial cooperation between the two countries

UAE announces $3bn investment in Iraq

The joint statement came at the conclusion of the official visit by Iraqi Prime Minister Dr. Mustafa Al Kadhimi to the UAE

Abu Dhabi Chamber inks cooperation agreement with Tel Aviv counterpart

Both sides will jointly work to extend cooperation in a number of investment sectors

Dubai Aerospace delivers first of 18 Boeing aircraft to American Airlines

Delivery of the remaining aircraft is expected to be completed in the coming months

Abu Dhabi’s ADNOC, ExxonMobil sign agreement to explore R&D opportunities

ADNOC and ExxonMobil will identify areas of mutual interest for conducting R&D and co-developing technology solutions

Dubai Police, International Humanitarian City sign agreement for collaboration

IHC will conduct specialised training courses related to humanitarian work for Dubai Police employees

President Trump Meets With Israeli PM Netanyahu At The White House

UAE, Israel agree on historic deal to establish diplomatic ties

US President Donald Trump said the deal will facilitate peace in the Mideast

Saudi Ports Authority, Saudi Global Ports sign mega BOT agreement

The agreement will create more than 4,000 job opportunities in the port and logistics sector