Browsing: UAE
An exclusive interview with GrubTech co-founder and CEO on how they plan to transform the restaurant and cloud kitchen sectors in the UAE and Egypt.
FDI in the Arab world largely centered on the UAE between 2002 and 2021 according to a report by Dhaman.
According to startup and investment platform Wamda, MENA region startups raised USD 176 million across 42 deals in May.
Trade between Ethiopia and the UAE has surpassed USD 2.5 billion over the past five years, according to the Ethiopian Ministry of Trade and Regional Integration.
The UAE’s Minister of Economy will lead a delegation to Morocco to explore how the two countries can strengthen economic ties.
Masdar, Abu Dhabi’s sovereign investment company’s green energy producer, and Egypt’s Infinity Energy are set to buy a majority stake in South Africa’s Lekela Power. The deal would involve buying private equity firm Actis’ stake, in a deal valued near USD 1 billion.
The UAE, Egypt and Jordan have signed the Industrial Partnership for Sustainable Economic Growth to bolster cooperation across the food and agriculture, fertilizer, pharmaceutical, textile, mineral, and petrochemical industries.
The UAE’s non-oil foreign trade reached record levels of USD 136 billion in the first quarter of 2022, according to WAM, the UAE’s official news agency. The news comes as the UAE increasingly attempts to move away from its dependency on hydrocarbons.
Real estate service provider Jones Lang LaSalle’s (JLL) latest reports have indicated that construction in the Middle East and Africa (MEA) region continues to grow despite increasing price pressure.
Startups from across the MENA region raised USD 297 million through 29 deals in April of this year.