Recent Posts

NMDC wins AED1.3bn contract from AD Ports

  Abu Dhbai / WAM National Marine Dredging Company (NMDC), the UAE’s leading contractor in the field of engineering, procurement, construction and marine dredging in the Middle East spanning vital sectors, creating solutions that meet the challenges of the future in the energy EPC sector, has won an AED1.3 billion contract from AD Ports Group for the engineering and construction ...

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Expo 2020 Dubai cooperates with world for brighter future

  Dubai / WAM From investment deals to climate goals, cross-border collaboration to multi-national festivals, the first three months of Expo 2020 Dubai have seen a plethora of link-ups between countries, organisations, and artists, showing that exhibition is truly exemplifying its theme, ‘Connecting Minds, Creating the Future’. In early October, Uganda signed business deals worth $650 million while in the ...

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Dana Gas receives $39mn from Egypt in December

  SHARJAH / WAM Dana Gas received a payment of $39 million (AED143 million) from the Egyptian government in December, the company announced on Wednesday. This has reduced its receivables from the North African state below $30 million to its lowest levels since commencing operations there in 2007. It also complements what has already been a year of significant increases ...

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