Category: Economy

The Sharjah Chamber of Commerce and Industry (SCCI), represented by the Sharjah Exports Development Centre (SEDC), held the UAE- Kenya Trade and Investment Forum in Nairobi, Kenya on Monday, during the first stop of its trade mission to Kenya and Uganda.

The “MIHAS@Dubai” Halal Food Expo will be held on November 18th at the Dubai World Trade Centre, as the Malaysia External Trade Development Corporation (MATRADE), the organisers, aims to achieve export sales worth US$250 million during the three-day event.

Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones and Saudi Arabia-based Delmon Industrial Complex have announced the signing of a 50-year land lease agreement for the establishment of their state-of-the-art plant in ICAD III (KEZAD Musaffah) area to serve the requirements of the oil and gas industry.

Emirates Water and Electricity Company (EWEC) today opened registration for its Q4 2024 Clean Energy Certificates (CECs) auction. The auction is scheduled to close on 13th December 2024.

Emaar Development, the UAE’s premier property development company specialising in build-to-sell assets and majority-owned by Emaar Properties, maintained strong momentum during the third quarter of 2024.

Dubai Electricity and Water Authority (DEWA) has announced that its pumped-storage hydroelectric power plant that it is implementing in Hatta is 94.15 percent complete, with generator installations currently underway in preparation for a trial operation in the first quarter of 2025.

The 6th International Festival of Jordanian Dates opened today in the Jordanian capital under the patronage of His Majesty King Abdullah II bin Al-Hussein of the Hashemite Kingdom of Jordan.

The Ministry of Climate Change and Environment (MOCCAE) has signed a Memorandum of Understanding (MoU) with the Mohammed Bin Rashid Space Centre (MBRSC), to collaborate on environmental data and geospatial mapping.

Fertiglobe today reported Q3 2024 revenues of $496 million, adjusted EBITDA of $176 million, and adjusted net profit of $31 million.

ADNOC Gas announced today it expects to acquire ADNOC’s 60% stake in the Ruwais Liquified Natural Gas (LNG) plant in the second half of 2028 at cost.