DP World to operate multi-purpose Dar Es Salaam Port in Tanzania

DP World has signed a 30-year concession agreement with the Tanzania Ports Authority (TPA) to operate and modernize the multi-purpose Dar es Salaam Port, connecting Tanzania and the wider region […]
UAE allocates $200m to support low-income countries, reduce poverty

The UAE has said it will offer support to the Poverty Reduction and Growth Trust (PRGT), as part of its efforts to expand concessional financing for low-income countries. Mohamed bin […]
UAE’s ADFD supports $320mln water supply project in Mauritania

Abu Dhabi Fund for Development (ADFD) has signed an agreement with the government of Mauritania to help finance a project aimed at providing potable water to the city of Kiffa […]
ADFD finances sustainable water project in Mauritanian city of Kiffa with $30mln

Abu Dhabi Fund for Development (ADFD) has signed an agreement with the government of Mauritania to finance a project aimed at providing potable water to the city of Kiffa, which […]
UAE: Humanitarian organisations to support Sudanese nationals unable to return home

Dubai’s Islamic Affairs and Charitable Activities Department and the Mohammed bin Rashid Al Maktoum Charity and Humanitarian Establishment announced that they have joined hands to support Sudanese nationals in the […]
Dubai-based Shelf Drilling wins $118mln rig contract in Nigeria

Dubai-based Shelf Drilling has secured a two-year contract for its rig Shelf Drilling Scepter in Nigeria for offshore operations. The contract value, including mobilisation revenue, is about $118 million, the […]
Fawry, BOTIM cooperate to enable international money transfers for Egyptian expats in UAE

The leading Egypt-based e-payment company Fawry has signed a memorandum of understanding (MoU) with the Emirati calling app BOTIM to offer residents in the UAE and Gulf Cooperation Council (GCC) […]
UAE: EDGE signs major $1.07bln milestone deal with Angolan Navy

EDGE Group today signed a major €1 billion (US$1.07) milestone contract which will see leading shipbuilder Abu Dhabi Ship Building (ADSB) build a fleet of best-in-class 71-metre corvettes […]
Abu Dhabi Export Office finances capacity expansion of solar park in Togo

The Abu Dhabi Exports Office (ADEX) announced on Thursday that it signed an agreement with Togo’s Ministry of Economy and Finance to finance the increase in production capacity of the […]