Tag: UAE Business News
UAE’s Sanad & FAB extend ties; Close new $100mn financing agreement
Abu Dhabi-based global investor Mubadala Investment Company’s wholly-owned subsidiary Sanad has secured a new $100 million evergreen revolving credit facility with UAE’s largest financial...
Anghami, Samsung Gulf unite to promote soundbars in UAE
The Middle East and North Africa (MENA) region’s largest music platform, Anghami announced a new partnership with Samsung Gulf Electronics, to launch an exclusive...
Emirates, GE Aviation seal MoU to test flight with 100% sustainable...
Emirates, UAE's largest airline, has signed a Memorandum of Understanding (MoU) with GE Aviation, the world’s leading aircraft engine supplier, to develop a program...
UAE-based Tradeling, Taiwan’s TAITRA connect to facilitate trade & exports
UAE's largest eMarketplace Tradeling has signed a Memorandum of Understanding (MoU) with Taiwan External Trade Development Council (TAITRA) to allow Taiwanese manufacturers, retailers, and...
ADNOC invests $6bn on drilling equipment to boost gas sufficiency
The Abu Dhabi National Oil Company (ADNOC) will make an investment of almost $6 billion to enable drilling growth as it attempts to boost...
EDGE Group unit HALCON wins $880mn worth UAE Armed Forces deal
UAE-based EDGE Group’s unit HALCON, a regional leader in the production and supply of precision-guided weapons, has secured an $880 million (AED3.2 billion) worth...
UAE’s EDB seals pact with Dubai IE to boost industrial growth...
UAE Federal Government fully-owned financial entity Emirates Development Bank (EDB) and Dubai Industries & Exports (Dubai IE) have inked a strategic agreement to offer...
IBM, Amazon unite to enable energy firms’ transition to sustainability
International Business Machines Corporation (IBM) and Amazon Web Services will soon combine the benefits of IBM Open Data for Industries and the AWS Cloud...
