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UAE receives 41% share of FDI projects attracted by Arab nations

Kuwait / WAM / Kuna The United Arab Emirates has received a 41 percent share of foreign direct investment projects Arab countries attracted between 2003 and 2021. According to the Arab Investment Export Credit Guarantee Corporation (Dhaman), Arab countries have attracted 14,443 foreign projects with a total capex of $1.3 trillion over the last 19 years. The corporation said in ...

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EIG inks deal to supply gas to projects of Q Properties

  Abu Dhabi / WAM Emirates International Gas (EIG), a subsidiary of EHC Investment, has signed a memorandum of understanding (MoU) with Q Properties, a subsidiary of Q Holding, to supply gas to Q Properties projects. Under the MoU terms, EIG will provide the development company with a range of services related to the supply of gas to properties, including ...

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UAE President orders aid air bridge to provide relief to Afghan-quake victims

Abu Dhabi / Agencies Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, an air bridge carrying food and medical supplies has begun operating to Afghanistan, and a medical team and field hospital have been dispatched. The aid shipment comes as part of the UAE’s efforts to address the current situation in Afghanistan and its effective ...

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