Abu Dhabi companies have invested in US$66-billion worth of developments in Iraq after major signs of support from the UAE government for the war-torn nation, reports The National.
Business & Management
French FDI in UAE increases ten-fold
French foreign direct investments (FDI) in the UAE have grown ten times in the past decade, reaching US$3.6 billion in 2009, accounting for 35 per cent of the total French FDI in the Middle East. French civilian exports to the UAE have tripled between 1998 and 2009 reaching US$4.9 billion, according to data by Invest in France Agency (IFA), a body for promoting and facilitating international investment in France.
Qatar government 'to invest US$100 billion' in local projects
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The Qatar government will invest US$123.57 billion for local projects during the next ten years, Minister of Economy and Finance Yousef Hussain Kamal has been reported as saying by the Qatar News Agency. Kamal told daily Arabic newspaper Alwatan that Qatar will invest billions of riyals in infrastructure projects, oil, gas and petrochemicals. However, he added that Qatar will continue its investment abroad.
Abu Dhabi Ports considers US$1 billion bond
State-owned Abu Dhabi Ports Company (ADPC) may sell up to US$1 billion in bonds early next year to finance the Khalifa Port Industrial Zone (KPIZ) in Abu Dhabi, according to its chief financial officer. ADPC has appointed the National Bank of Abu Dhabi as a financial advisor to draw up a long-term financial strategy. Arrangers for the bond have yet to be appointed.
North Africa 'catching up with GCC'
The exponential development activity in GCC countries has been impressive over the last couple of years but North Africa is quickly catching up, a report has said. Colliers latest real estate overview on the Middle East and North Africa (Mena) region confirmed as much, pointing out that Abu Dhabi, Cairo, Damascus and Tripoli are the places to be in the Mena region.
The exponential development activity in GCC countries has been impressive over the last couple of years but North Africa is quickly catching up, a report has said. Colliers latest real estate overview on the Middle East and North Africa (Mena) region confirmed as much, pointing out that Abu Dhabi, Cairo, Damascus and Tripoli are the places to be in the Mena region.
p>The exponential development activity in GCC countries has been impressive over the last couple of years but North Africa is quickly catching up, a report has said. Colliers latest real estate overview on the Middle East and North Africa (Mena) region confirmed as much, pointing out that Abu Dhabi, Cairo, Damascus and Tripoli are the places to be in the Mena region.More Articles …
Daryl Wake, business development manager, DEKRA
Special belt covers guarantee an effective reduction in dust. (Image source: Wirtgen Group)
Basel Khalid Mohammed, technical & factory manager of 3DXB Group. (Image source: 3DXB)
According to Masdar, the Garadagh plant can power more than 110,000 homes every year. (Image source: Masdar)
The JIP aims to drive positive change and pave the way for a greener and more resilient energy sector. (Image source: DNV)
The taxi will refuel at a green hydrogen pilot refuelling station located at Masdar City. (Image source: Tawasul)
Dubai Holding is collaborating with Jumeirah Group’s Dubai Turtle Rehabilitation Project. (Image source: Dubai Holding)
Dr. Sultan Al Jaber, COP28 President and Group CEO of ADNOC. (Image source: COP28 Livestream)
SHAMS+ stands out as a remarkable 100% renewable energy source. (Image source: Al Masaood)
Barakah’s Unit 4 is due to start next year. (Image source: ENEC)
