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ADNOC signs $20.7bn deal to develop UAE energy infrastructure
The company added that investors will acquire a 49% stake in ADNOC Gas Pipes assets, a subsidiary of ADNOC. The subsidiary, which is newly established, has the rights to lease 38 pipelines, at a total length of 982.3 km. ADNOC will retain the remaining majority stake of 51%.
PAYFORT launches initiative supporting start-ups in UAE, Egypt, Saudi Arabia
Company joins forces with leading banks in region to promote campaign through targeted announcements
665 stranded Egyptians repatriated from Jordan, UAE
Transport Ministry sends ship to repatriate Egyptians from Saudi Arabia’s Dhiba Port
Uber Eats discontinued in Egypt, UAE, and Saudi Arabia
“This will also allow us to commit further energy and resources on our top Eats markets around the world,” the spokesperson said.
COVID-19 cases continue to rise across GCC
Saudia Arabia records 472 cases on Monday, reaching 4,934 infections
Saudi Arabia records 4,033 COVID-19 cases, highest in Gulf
Number of UAE recoveries rose to 588 after 170 new recoveries were announced on Saturday
Coronavirus is coming, cases confirmed in UAE, Sudan, 132 people killed globally
Chinese residents in Egypt benefit from medical services provided in governmental hospitals, Health Ministry
UAE’s Al Nowais to establish 700MW renewable energy plants in Egypt
The Emirati company would build a 200MW solar plant in Kom Ombo region of Aswan with $200m investments, and the EETC would buy the plant’s production at about 2.48 piasters per kWh
UAE-rehabilitated Yemeni airport receives 1st flight after 5 years of suspension
An official of Hadramout’s local authority told Xinhua on condition of anonymity that “the UAE successfully completed the reconstruction process of the Riyan airport in Hadramout and it is officially reopened.”
Egypt, UAE establish joint investment platform of $20bn
Partnership during Al-Sisi’s two-day visit to UAE
Egypt, UAE set up a $20bn investment partnership during Al-Sisi’s visit to Abu Dhabi
Partnership launched between Egypt’s Sovereign Wealth Fund “THARAA” and Abu Dhabi Development Holding Company
UAE company offers to establish $800m desalination plants in Egypt
A committee was formed to study the offer and prepare a report to the cabinet
Joint Saudi-UAE committee to reach ceasefire in Yemen
UAE-backed southern separatists took over Aden stirring tension within Saudi-led alliance
UAE-backed Yemeni southern separatists withdraw from parts in Aden
Houthis launched 10 drone attacks on oil facilities in the Shaybah oil field in Saudi Arabia
Military drills between Egypt, US, UAE continue
The forces are using frigates, missile-launching boats, and mine hunters in the exercises. Special naval units, the coast guard, and F16 jet fighters are taking part in the drills.
Egypt, US, UAE carry out joint drills in Red Sea
Saudi Arabia participates as observer
Volume of Egypt’s trade exchange with UAE in 2018 stands at $5.5bn
The UAE`s imports from Egypt hiked by 10.5% in 2018, recording $2.1bn, up from $1.9bn the previous year.
Egypt, France, UK, UAE, US, and Italy call for immediate end of Libya violence
The ongoing confrontation has threatened to destabilize Libya’s energy sector and exacerbated the tragedy of human migration in the Mediterranean.
Eastern Company operates new machine with 8,200 cigarette stick/minute
Company started exporting molasses tobacco to UAE, Bahrain, Oman
UAE denies sending or owning arms found in Libya
Libya’s GNA noted that these weapons have been sold from the US to the UAE.
UAE approved Uber’s acquisition of Careem
UAE currently 1st country in relevant markets to grant approval of Uber’s acquisition of Careem
Egypt’s exports to Arab countries hike by 7.7% in February, reaching $860.4m
The report added that the UAE is the largest Arab importer of Egypt’s products in February 2019, with a total export of $177.9m, compared to $202.4m during February 2018, a decrease of 12.10%
Three Sudanese protesters killed as civil disobedience began across country
Protest leaders called on people to stay home and not go to work
El Sewedy Electric plans to set up new company in UAE as part of its expansion plan
EGP appreciation poses itself risk, as most of revenue generated is priced in USD
Iranian naval mines likely used in UAE tanker attacks: Bolton
Bolton added that there had been an unsuccessful attack on Saudi Arabia’s Red Sea port of Yanbu a couple of days before the operation off the coast of the UAE. Saudi officials were not immediately available for comment.
Sudan’s Burhan visits UAE to meet bin Zayed after leaving Cairo
UAE will back Sudan, urging all parties to commit to dialogue, says Abu Dhabi Crown Prince
Egypt, UAE ink cooperation agreements in housing, irrigation, trade, industry sectors
Al-Sisi received Al-Nahyan at Borg El Arab Airport in Alexandria early on Wednesday
US-Saudi-UAE consortium negotiates with ACUD to develop 500 feddan entertainment area in NAC
Company launches lands in partnership system with 100-feddan size, says spokesperson
Banque du Caire opens regional office in UAE for Gulf customers
Enhancing bank’s existence abroad one of our top priorities, says Fayed
Kahromika signs contract for its new branch in UAE
Misr for Mechanical and Electrical Projects, Kahromika, part of Arabia Investment Holding, has signed an agreement to commence work on its first branch in the United Arab Emirates. The agreement falls under the support of Sheikh Zayed bin Said bin Zayed bin Sultan al-Nahyan to start a comprehensive, electromechanical contracting plan for infrastructure, energy, water, …