Browsing: UAE
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.
hrough its presence at ATM 2022 (this year’s Arabian Travel Market event), the Zimbabwe Tourism Authority (ZTA) is seeking to gain from the post-pandemic rise in travel and tourism across the Gulf.
The Kingdom of Morocco is aiming to increase its renewable energy output to 12 gigawatts by 2030, according to government sources. The announcement was made at the World Utilities Congress in Abu Dhabi.
Zenda was launched last year and allows families to pay school fees with pay-now and pay-later payment schemes.
The UAE and Saudi Arabia lead Gulf investment across Sub-Saharan Africa.
According to the AfDB, the UAE is planning widespread investments in Africa and could well join the organization in the future.
A 300 percent jump in Zimbabwe-UAE bilateral trade during the past three years and corresponding growth in overall ties reflect the historical partnership between Africa and the Arab world, said President of Zimbabwe Emmerson Mnangagwa during his three-day official visit to Dubai.
Botswana’s Investment and Trade Centre states that the country offers a range of general and sector-specific investment incentives and no foreign exchange controls.