Thursday 06 Mar

Abu Dhabi

Minister of Investment promotes partnerships with UAE businesses
2025/02/26

Minister of Investment promotes partnerships with UAE businesses

Enineer. Hassan Al-Khatib, Minister of Investment and Foreign Trade, held a series of meetings with representatives of business circles and Emirati companies during his visit...

UAE’s Agthia Group increases stake in Abu Auf to 80%
2025/02/20

UAE’s Agthia Group increases stake in Abu Auf to 80%

Emirati food and beverage company, Agthia Group, has increased its ownership stake in Abu Auf, a healthy snacks and coffee company, to 80%. This acquisition...

Abu Dhabi Tourism invests EGP2.5B in Hurghada Mövenpick
2025/02/17

Abu Dhabi Tourism invests EGP2.5B in Hurghada Mövenpick

Abu Dhabi Tourism Investment Company (ADTIC), owned by the Abu Dhabi Development Fund, will invest approximately 2.5 billion Egyptian pounds to upgrade the Mercure Hurghada...

Abu Dhabi Ports to develop Alexandria logistics zone
2025/01/23

Abu Dhabi Ports to develop Alexandria logistics zone

Engineer Kamel El-Wazir, Deputy Prime Minister for Industrial Development, Minister of Industry and Trade, and Minister of Transport, witnessed the signing of a memorandum of...

Nas Investments eyes Egyfert acquisition
2025/01/13

Nas Investments eyes Egyfert acquisition

Egypt's Financial Regulatory Authority (FRA) announced that Egyfert has received a notification from Nas Holding Company regarding its intention to submit a mandatory tender offer...

Dana Gas to develop and explore 11 fields in Egypt
2024/12/12

Dana Gas to develop and explore 11 fields in Egypt

Dana Gas announced today that it has received a cash payment of approximately $20 million from the Egyptian government. This brings the total cash payments...

ADNOC Gas aims to boost processing capacity
2024/12/04

ADNOC Gas aims to boost processing capacity

ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company, has announced plans to significantly enhance its gas processing capabilities. The company aims to...

Egypt aims to boost agriculture with UAE investment
2024/11/28

Egypt aims to boost agriculture with UAE investment

Egyptian Agriculture Minister Alaa Farouk met with Emirati Minister of Climate Change and Environment Amina Al Shamsi on the sidelines of the World Food Summit...