Abdullah bin Touq Al Marri, Minister of Economy, held bilateral meetings with Lieutenant General Kamel El Wazir, Deputy Prime Minister for Industrial Development and the Minister of Industry and Transport of Egypt, and Dr. Rania Al Mashat, Egypt's Minister of Planning, Economic Development, and International Cooperation.
Category: Economy
UAE celebrates historic milestone as Unit 4 of Barakah Plant commences commercial operation
The Emirates Nuclear Energy Corporation (ENEC) today announced a historic milestone for the UAE with the fourth unit of the Barakah Nuclear Energy Plant entering commercial operations, marking its full delivery.
ADNOC successfully prices triple tranche debut bond transaction under Global Medium Term Note Programme
Abu Dhabi National Oil Company (ADNOC) PJSC announced today, that its wholly-owned subsidiary, ADNOC Murban RSC Ltd (ADNOC Murban), the primary debt capital markets issuing and rated entity for ADNOC Group, has successfully priced its inaugural offering of notes under its newly established Global Medium Term Note (GMTN) Programme in three tranches with an aggregate principal amount of $4 billion.
Emirates Steel Arkan rebrands as EMSTEEL to drive operational evolution, global growth
Emirates Steel Arkan, the UAE’s largest publicly listed steel and building materials company, has rebranded as EMSTEEL as part of a broader strategy to accelerate its operational transformation and extend its global presence.
Jordan to complete 2nd phase of electrical connection with Iraq by Q1 2025
Jordan is set to complete the second phase of its electrical connection project with Iraq by the first quarter of 2025, according to the Ministry of Energy and Mineral Resources' 2023 Annual Report.
UAE to showcase cutting-edge aerospace, defence technologies at Egypt International Air Show 2024
The UAE National Pavilion is set to take part in the first Egypt International Airshow in Al Almain city from 3rd to 5th September, with a dedicated exhibition space showcasing the UAE’s defence capabilities and technological innovations.
UAE non-oil foreign trade continues to set new milestones: Thani Al Zeyoudi
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, affirmed that the UAE has placed foreign trade at the centre of its economic agenda, recognising its pivotal role in driving industrial output, enhancing the global competitiveness of its products and services, as well as catalysing innovation.
NMDC Group to list NMDC Energy on ADX
The Board of Directors of NMDC Group PJSC has approved to list NMDC Energy PJSC on the Abu Dhabi Securities Exchange (ADX) and sell a portion of the Group's shares in NMDC Energy PJSC through a public subscription.
Mubadala invests in Yondr Group to develop hyperscale data centres
Mubadala Investment Company today announced its investment in Yondr Group, a leading global hyperscale data centre developer, alongside Apollo via an existing investment from Apollo-managed funds.
DXB expects 3.43 million passengers on August 31-September 2
Dubai International (DXB) is gearing up to welcome 3.43 million passengers between 21st August and 2nd September as residents return from their summer vacations.