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UAE directed USD 106.5 bn into green FDI between 2020-24 -strategy&
The funds were mainly allocated to Mauritania, Egypt, South Africa, Spain, and India
DP World to launch cold storage facility in Egypt
Plus: India’s Rana Group breaks ground on RAK manufacturing hub
Infinity, Masdar reach financial close on 200 MW Ras Ghareb wind farm
Construction is set to begin within weeks
GCCIA inks USD 500 mn financing agreement for UAE-Oman power link
The link will connect GCCIA’s Al Sila station in the UAE to a new Ibri station in Oman
Adnoc L&S, NMDC partner on offshore rig services
PLUS- NetForChoice launches its first GCC data center in Dubai
Abu Dhabi Energy Dep’t + Goldman Sachs partner on water security
PLUS: Botim + Ethiopia partner on remittance services
Ewec receives bids for 2.5 GW CCGT plant
Contract awarding and power purchase agreement scheduled for 4Q.
Drilling kicks off at EOG Resources-operated shale block in the UAE
Plus: Stronghold Capital secures DFSA approval to operate as a hedge fund manager in DIFC
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