The Arab Bank for Economic Development in Africa (BADEA) has agreed to provide financial assistance to the West African Development Bank (BOAD) to the tune of US$20mn
Technology
HH Sheikh Mohammed bin Rashid unveils mission plan for first Arab space probe to Mars
The spacecraft will reach a speed of 126,000 km per hour for the 600mn km journey around the sun to Mars, which will take around 200 days. (Image source: Mohammed Bin Rashid Space Centre)
The blueprints and science goals for the first Arab mission to Mars have been revealed by Ruler of Dubai HH Sheikh Mohammed bin Rashid
Renault Trucks Middle East launches flexible financing programme

Renault Trucks in the Middle East has a strong dealer network in 13 countries. (Image source: Renault Trucks)
Following the launch of its new C, K and D range in November 2014, Renault Trucks? Middle East has announced the introduction of a flexible ?financing programme in the region to support ?industry demands
Arabsat and KACST sign contracts worth US$650mn

The Helles Sat will support KACST?s telecommunication and broadband needs. (Image source: Nasa?s Marshall Space Center/Flickr)
Saudi Arabia?s Arabsat and King Abdulaziz City for Science and Technology (KACST) have signed contracts worth US$650mn with Lockheed Martin and Arianespace for the manufacture and launch of two satellites
Data centre space in UAE and Saudi Arabia increased by 60 per cent in three years

Equinix marks the presence of a Carrier Neutral Data Space in the UAE. (Image source: AndrewTonn/Flickr)
Data centre space in the UAE and Saudi Arabia have increased by 60 per cent since 2012, stated a report from Tariff Consultancy Ltd (TCL)