Foreign direct investment (FDI) flows into the United Arab Emirates rose 10% in 2022 from the previous year to a record $23 billion, the United Nations trade body said in a report on Wednesday.
Finance ministers of Korea, UAE discuss bilateral cooperation
The finance ministers of Korea and the United Arab Emirates (UAE) met in Seoul, Thursday, to discuss follow-up measures on the UAE’s planned investment of $30 billion here. The UAE plans to invest $30 …
Finance ministers of Korea, UAE discuss bilateral cooperation
The finance ministers of Korea and the United Arab Emirates (UAE) met in Seoul, Thursday, to discuss follow-up measures on the UAE’s planned investment of $30 billion here. The UAE plans to invest $30 …
S. Korea, UAE to expand ties amid supply-chain reshuffle, digital transition
South Korea and the United Arab Emirates (UAE) vowed Thursday to expand bilateral economic ties amid the global reshuffle of supply chains and digital transition, as they flesh out details of the …
S. Korea, UAE to expand ties amid supply-chain reshuffle, digital transition
South Korea and the United Arab Emirates (UAE) vowed Thursday to expand bilateral economic ties amid the global reshuffle of supply chains and digital transition, as they flesh out details of the …
UAE announces plans to invest $54B in energy and triple renewable sources
The United Arab Emirates plans to triple its supply of renewable energy and invest up to $54 billion over the next seven years to meet its growing energy demands.
Turkey’s Erdogan to visit Gulf states for desperately needed investments
The Turkish president reportedly will visit Saudi Arabia and Qatar after an official trip to the United Arab Emirates, in order to strengthen economic ties – Click the link for more details.
Saudi Arabia, UAE invest $6 billion in Iraq operations
DUBAI — Saudi Arabia and the United Arab Emirates (UAE) reached an agreement on Sunday to allocate $6 billion to support investments in Iraq and form business councils. The purpose of the agreement is …
COP28 host UAE pledges to triple renewables
The oil-rich United Arab Emirates said it would triple renewable energy production as part of a raft of environmental initiatives announced on Monday, months before it hosts UN climate talks. The UAE, …
MTR Lab invests in Hong Kong battery-powered energy storage system provider Ampd Energy to fund expansions in UAE and US
Hong Kong railway operator’s technology-investment unit has funded local battery-powered energy storage system provider Ampd Energy to finance its expansion projects in the United Arab Emirates and …