Production

According to the Ministry of Commerce’s business sector bulletin for Q2 2023, the number of commercial registers for promising sectors in the Kingdom, such as the cinema, arts and entertainment sectors, has grown.The bulletin showed a growth in the fil…

DUBAI, 11th July, 2023 (WAM) — Dubai Investments and E20 Investment, an Abu Dhabi-based agribusiness investment company, have signed a Memorandum of Understanding (MOU) to develop 3,750 Ha of agricultural land in Angola, harnessing the potential of th…

A Jordanian economic delegation comprising 45 business owners in various …

SHARJAH, 10th July, 2023 (WAM) — Arada has reported a record-breaking sales performance during the first half of the year, as buyer demand for its lifestyle communities in Sharjah and Dubai continues to gather pace. The master developer posted a 186 p…

TOKYO, 10th July, 2023 (WAM) — AMEA Power, one of the fastest growing renewable energy developers in Africa, has signed a $75 million equity funding round from SoftBank Group Corp. (“SBG”), a Japanese investment holding company. This represents AMEA P…

Globally, the pharma market is on an upward trajectory, according to a recent sectoral study by the Investment Promotion Agency Qatar (IPA Qatar). Biopharma deals soared to new heights in 2020, with a remarkable increase of 107% compared to 2018. R&D s…

ULANBATAAR, 10th July, 2023 (WAM) — Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, headed a UAE delegation to the Mongolia Economic Forum in Ulaanbaatar this week, where he met senior government officials to strengthen economic c…

The global market saw a decrease in gasoline prices during the first week of July, while diesel and kerosene prices increased compared to their prices in June, according to data released by the Ministry of Energy and Mineral Resources on Monday. Durin…