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Foreign trade hit an all-time high of AED 1.395 tn in 1H
Non-oil exports rose by 25% y-o-y
Taqa and Jera reach financial close on Saudi plant
The plant will supply power and steam to the Saudi’s Amiral petrochemical complex
BII to invest USD 35 mn in DP World’s port in Congo
BII will investment up to USD 35 mn in developing the port’s first phase
India to review trade agreement with the UAE to revisit duties and rules of origin + ESG summit kicks off in Dubai
Plus: Mubadala-backed Cespa sells more upstream assets in decarbonization drive
IHC establishes new trading holdco dubbed Rorix Holdings
Rorix Holding will seek out partnerships with UAE and international stakeholders
Oraseya Capital backs seven startups in latest sandbox cohort
The seven startups received AED 570k worth of backing
UAE + Azerbaijan develop economic ties
PLUS: President Al Nahyan met with the Egyptian President in New Alamein City
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