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NIO, CYVN Holdings form joint venture to advance smart electric vehicle innovation across MENA

CAIRO/WAM In the presence of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, NIO, a leader in the premium smart electric vehicle (EV) sector, has partnered with Abu Dhabi-based CYVN Holdings, a leading investor in smart and advanced mobility, to launch NIO MENA. The collaboration marks NIO’s ...

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ADQ appoints Modon Holding as master developer for Ras El Hekma megaproject in Egypt

MATROUH/WAM In the presence of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and His Excellency Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, ADQ, an Abu Dhabi-based investment and holding company, appointed Modon Holding PSC as the master developer for the Ras El Hekma megaproject. In addition to being master developer for the entire development ...

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UAE, Egyptian Presidents witness unveiling of Ras El Hekma development project plan

MATROUH/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, on Friday witnessed the announcement of the development plan for the city of Ras El Hekma on Egypt’s northwestern coast, with direct investments amounting to USD 35 billion. The UAE and Egyptian Presidents were presented with ...

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