Company Insights AD Ports Group Infrastructure AD Ports Group News Transport AD Ports to invest $200m to develop Egypt’s Safaga port AD Ports Group of Abu Dhabi has signed a concession agreement with the Red Sea Ports Authority to develop and operate a multi-purpose terminal at Safaga port in Egypt. The agreement will mean an investment of $200 million over three years to develop the first internationally operated port serving the Upper Egypt region, the UAE […] December 28, 2023 Transport UAE’s AD Ports plans to buy stake in Turkish port The UAE’s state-owned AD Ports Group intends to invest in a new company proposed by Turkey’s sovereign wealth fund to run the Aegean coast port of Izmir. Although the stake size is unclear, the deal could be worth $500 million, Reuters reported, citing an unnamed source. Turkey Wealth Fund is seeking new investment in the […] December 18, 2023 Manufacturing Abu Dhabi Ports in green steel deal with UK producer Abu Dhabi Ports Group and the UK’s Liberty Steel Group have agreed to work together on importing magnetite ore – used in green iron and steel production – from Australia to the UAE. The memorandum of understanding was signed this week. They will explore plans to create a green iron production facility in the Khalifa […] December 12, 2023 Trade UAE and Morocco train sights on further trade with rail deal Leaders from the UAE and Morocco have signed a declaration aimed at boosting bilateral trade, including a commitment to invest in high-speed trains in the North African country. President Sheikh Mohamed bin Zayed Al Nahyan and King Mohammed VI met during a state visit to Abu Dhabi last week. No specifics were disclosed about the […] December 12, 2023 Sustainability Western Australia looks to Gulf for green deals The state of Western Australia – the heart of the country’s mining, steel and oil and gas industries – is planning partnerships with Arab nations to develop its renewables sector and curb emissions. “We’ve got a dual mission,” Reece Whitby, Western Australia’s minister for environment and climate action, told AGBI during Cop28 in Dubai. “We’ve […] December 12, 2023 Analysis Trade UAE and Kazakhstan launch trade investment platform The UAE and Kazakhstan have announced the launch of a new investment vehicle focused on high-growth sectors. The countries are planning $1 billion in annual bilateral trade. Abu Dhabi’s ADQ and the Qazaqstan Investment Corporation (QIC), the main driver of direct investment into Kazakhstan, said the focus will be on food and agriculture, mobility, healthcare, […] December 7, 2023 Logistics Mena ports among world’s most efficient, says UN Three ports in the Middle East and North Africa (Mena) region are among the most efficient in the world, according to a widely-watched analysis published by the United Nations last month. It found that in 2022 Salalah in Oman, Khalifa in the UAE, and Tanger Med in Morocco were in the top five positions globally. […] October 4, 2023 Analysis Trade Aid turns to trade as UAE plans Ethiopia investments The UAE is planning to increase its investments in Ethiopia as the economic relationship between the two countries evolves from aid to trade. More than a dozen memoranda of understanding were signed between public and private entities in Addis Ababa during an official visit to Ethiopia by UAE President Sheikh Mohamed bin Zayed al Nahyan […] August 21, 2023 Analysis Transport Electric car sales on the charge due to UAE policy The UAE is forecast to encounter a 32 percent increase in sales of passenger electric vehicles this year as the government launches a national policy to support the sector’s growth. Sales are expected to reach almost 22,000, up from an estimated 16,442 in 2022. Longer-term calculations suggest the total number of EVs will exceed 370,000 […] August 2, 2023 Logistics UAE and Pakistan to develop cargo terminal in Karachi The UAE and Pakistan will sign an agreement to develop a bulk and general cargo terminal at East Wharf, Karachi Port. Pakistan has set up a negotiation committee last week to finalise a deal with the UAE, giving Dubai 85 percent control over the East Wharf of the seaport, The Express Tribune reported. The cabinet […] July 25, 2023 Posts navigation Previous 1 … 4 5 6 … 9 Next
Transport AD Ports to invest $200m to develop Egypt’s Safaga port AD Ports Group of Abu Dhabi has signed a concession agreement with the Red Sea Ports Authority to develop and operate a multi-purpose terminal at Safaga port in Egypt. The agreement will mean an investment of $200 million over three years to develop the first internationally operated port serving the Upper Egypt region, the UAE […] December 28, 2023
Transport UAE’s AD Ports plans to buy stake in Turkish port The UAE’s state-owned AD Ports Group intends to invest in a new company proposed by Turkey’s sovereign wealth fund to run the Aegean coast port of Izmir. Although the stake size is unclear, the deal could be worth $500 million, Reuters reported, citing an unnamed source. Turkey Wealth Fund is seeking new investment in the […] December 18, 2023
Manufacturing Abu Dhabi Ports in green steel deal with UK producer Abu Dhabi Ports Group and the UK’s Liberty Steel Group have agreed to work together on importing magnetite ore – used in green iron and steel production – from Australia to the UAE. The memorandum of understanding was signed this week. They will explore plans to create a green iron production facility in the Khalifa […] December 12, 2023
Trade UAE and Morocco train sights on further trade with rail deal Leaders from the UAE and Morocco have signed a declaration aimed at boosting bilateral trade, including a commitment to invest in high-speed trains in the North African country. President Sheikh Mohamed bin Zayed Al Nahyan and King Mohammed VI met during a state visit to Abu Dhabi last week. No specifics were disclosed about the […] December 12, 2023
Sustainability Western Australia looks to Gulf for green deals The state of Western Australia – the heart of the country’s mining, steel and oil and gas industries – is planning partnerships with Arab nations to develop its renewables sector and curb emissions. “We’ve got a dual mission,” Reece Whitby, Western Australia’s minister for environment and climate action, told AGBI during Cop28 in Dubai. “We’ve […] December 12, 2023
Analysis Trade UAE and Kazakhstan launch trade investment platform The UAE and Kazakhstan have announced the launch of a new investment vehicle focused on high-growth sectors. The countries are planning $1 billion in annual bilateral trade. Abu Dhabi’s ADQ and the Qazaqstan Investment Corporation (QIC), the main driver of direct investment into Kazakhstan, said the focus will be on food and agriculture, mobility, healthcare, […] December 7, 2023
Logistics Mena ports among world’s most efficient, says UN Three ports in the Middle East and North Africa (Mena) region are among the most efficient in the world, according to a widely-watched analysis published by the United Nations last month. It found that in 2022 Salalah in Oman, Khalifa in the UAE, and Tanger Med in Morocco were in the top five positions globally. […] October 4, 2023
Analysis Trade Aid turns to trade as UAE plans Ethiopia investments The UAE is planning to increase its investments in Ethiopia as the economic relationship between the two countries evolves from aid to trade. More than a dozen memoranda of understanding were signed between public and private entities in Addis Ababa during an official visit to Ethiopia by UAE President Sheikh Mohamed bin Zayed al Nahyan […] August 21, 2023
Analysis Transport Electric car sales on the charge due to UAE policy The UAE is forecast to encounter a 32 percent increase in sales of passenger electric vehicles this year as the government launches a national policy to support the sector’s growth. Sales are expected to reach almost 22,000, up from an estimated 16,442 in 2022. Longer-term calculations suggest the total number of EVs will exceed 370,000 […] August 2, 2023
Logistics UAE and Pakistan to develop cargo terminal in Karachi The UAE and Pakistan will sign an agreement to develop a bulk and general cargo terminal at East Wharf, Karachi Port. Pakistan has set up a negotiation committee last week to finalise a deal with the UAE, giving Dubai 85 percent control over the East Wharf of the seaport, The Express Tribune reported. The cabinet […] July 25, 2023
